Ensurge Micropower ASA (ENMPY: OTCQB) | Ensurge Micropower ASA – Registration of Share Capital Increase

Ensurge Micropower ASA (ENMPY: OTCQB) | Ensurge Micropower ASA – Registration of Share Capital Increase Ensurge Micropower ASA has announced the registration of a share capital increase following a private placement. Key points include:

1. The company successfully completed a private placement of 40,000,000 new shares.
2. The subscription price was NOK 1.00 per share, raising total gross proceeds of NOK 40 million.
3. The share capital increase has been registered in the Register of Business Enterprises.
4. Following the increase, the company’s share capital is now NOK 370,114,738.50.
5. The total number of shares is now 740,229,477, each with a par value of NOK 0.50.
6. Arctic Securities AS acted as bookrunner and manager for the private placement.
7. Ensurge Micropower specializes in ultrathin, flexible solid-state lithium microbatteries for various applications.
8. The company has a state-of-the-art manufacturing facility in Silicon Valley.

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