Incentive Subscription Rights

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Ensurge Micropower ASA โ Mandatory Notice of Trade for Primary Insiders
Globenewswireยท 2025-09-03 19:12
Company Overview - Ensurge Micropower ASA is focused on developing ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbatteries [2][3] - The company operates with a workforce of forty specialists located in Silicon Valley, emphasizing innovation in microbattery technology suitable for various applications [3] Recent Developments - On August 29, 2025, the Board of Directors granted 30,687,311 incentive subscription rights to CEO Shauna McIntyre under the 2025 Incentive Subscription Rights Plan [1] - A subscription transaction took place on September 3, 2025, with further details provided in an enclosed form [2] Manufacturing and Production - Ensurge's manufacturing facility utilizes patented process technology and materials innovation, optimized for roll-to-roll production methods [4] - The company aims to outsource production of its intellectual property to specialized partners to scale efficiently [4] Financial and Market Position - Ensurge is listed on the Norwegian stock exchange and is financed by reputable financial investors, indicating a strong strategic investment and transatlantic collaboration [5]