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Ensurge Micropower ASA - Approval and publication of prospectus
Globenewswireยท 2025-12-04 13:31
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]