Core Points - The Company announced the commencement of a subscription period for a Subsequent Offering of up to 22,222,222 new shares at a subscription price of NOK 0.90 per share [1] - The Board of Directors has decided to cancel the Subsequent Offering due to shares trading below the subscription price for a significant period, allowing shareholders to purchase shares at lower market prices [2] - Ensurge Micropower specializes in advanced microbattery technology for AI-enabled devices, focusing on thin-film batteries produced through high-precision roll-to-roll processes [3]

Core Points - Ensurge Micropower ASA successfully completed a private placement of 111,111,111 new shares, which is divided into Tranche 1 and Tranche 2, and is launching a potential subsequent offering of up to 22,222,222 new shares [1] - The Extraordinary General Meeting held on 3 December 2025 approved Tranche 2 of the Private Placement and the Subsequent Offering [1] - The Norwegian Financial Supervisory Authority has approved the Prospectus for the listing of 93,146,782 of the Private Placement Shares and the Subsequent Offering Shares [3] Private Placement and Subsequent Offering - The listing of 93,146,782 Private Placement Shares and the Subsequent Offering Shares is subject to the approval of a Prospectus by the Norwegian FSA [2] - The subscription period for the Subsequent Offering starts on 5 December 2025 at 09:00 CET and expires on 12 December 2025 at 16:30 CET [4] Company Overview - Ensurge specializes in advanced microbattery technology aimed at powering AI-enabled devices, with a focus on performance and safety [6] - The company is based in San Jose, California, and utilizes high-precision roll-to-roll production processes for its thin-film batteries [6] - Ensurge collaborates with leading global customers to expedite their products to market and is listed on the Oslo Stock Exchange [6]