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Ensurge Micropower ASA - Information about the exercise period for warrants issued in connection with Private Placement in January 2025
Globenewswireยท2025-09-25 20:00

Core Viewpoint - The announcement details the exercise period for warrants issued by Ensurge Micropower ASA, allowing holders to subscribe for new shares at a specified price, emphasizing the importance of timely exercise to avoid lapse [2][3]. Group 1: Warrants Exercise Information - The exercise period for the warrants begins on 26 September 2025 and ends on 10 October 2025 at 16:30 CEST [3]. - Each warrant allows the holder to subscribe for one new share at a subscription price of NOK 1.00 [3]. - Unexercised warrants will lapse without compensation to the holder [3]. Group 2: Exercise Procedure - Warrants can be exercised by submitting a completed exercise form to the manager, Arctic Securities AS, along with payment for the new shares [4]. - The exercise form is available on the websites of both the company and Arctic Securities AS [4]. - Payment for new shares is due immediately upon exercise [4]. Group 3: Company Overview - Ensurge Micropower specializes in ultrathin, flexible, and reliable solid-state lithium microbattery technology [5]. - The company operates from Silicon Valley, employing forty specialists to develop innovative microbattery solutions for various applications, including wearables and IoT devices [6]. - Ensurge's manufacturing facility utilizes patented technology and roll-to-roll production methods, focusing on prototyping and small-scale manufacturing while planning to outsource larger production [7]. Group 4: Financial and Market Position - Ensurge is listed on the Norwegian stock exchange and is supported by reputable financial investors, indicating a strong strategic investment and collaboration [8].