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Ensurge Micropower ( (ENMPF) ) has issued an update.
Ensurge Micropower ASA announced the exercise of 367,000 vested incentive subscription rights by an employee, under its 2022 and 2023 Subscription Rights Plans. This exercise will lead to the issuance of 367,000 new shares, increasing the company’s share capital to NOK 397,790,160.50. This development reflects Ensurge’s ongoing efforts to incentivize its workforce and potentially enhance its market position by expanding its share capital.
More about Ensurge Micropower
Ensurge Micropower is a company specializing in the development of ultrathin, flexible, and reliable solid-state lithium microbatteries. Based in Silicon Valley, the company focuses on providing innovative microbattery technology for applications such as hearables, digital and health wearables, sports and fitness devices, and IoT sensor solutions. Ensurge combines patented process technology and materials innovation with roll-to-roll production methods to serve established and expanding markets. The company is listed on the Norwegian stock exchange and is supported by strong financial investors from Norway.
YTD Price Performance: 14.71%
Average Trading Volume: 4,527,140
Current Market Cap: NOK986.1M
For an in-depth examination of ENMPF stock, go to TipRanks’ Stock Analysis page.