Oslo, 10 April 2024
Reference is made to the announcement by Ensurge Micropower ASA (the "Company")
on 7 April 2024 regarding conversion of a convertible loan in the amount of NOK
1,500,000 ("Convertible Loan"), plus accrued interest, and the resulting
issuance of a total of 2,932,289 new shares in the Company. The share capital
increase has now been duly registered in the Register of Business Enterprises.
Following the share capital increase, the Company's share capital is NOK
275,343,871.50 divided into 550,687,743 shares, each share having a par value of
NOK 0.50.
About Ensurge Micropower:
Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible,
reliable, and fundamentally safe solid-state lithium microbattery for the 1 to
100 milliampere-hour (mAh) class of wearable devices, connected sensors, and
beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable
products that are ideal for form-factor-constrained applications including
hearables (hearing aids and wireless headphones), digital and health wearables,
sports and fitness devices, and IoT sensor solutions that use energy harvesting
to power everyday things. The company's state-of-the-art manufacturing facility,
located in the heart of Silicon Valley, combines patented process technology and
materials innovation with the scale of roll-to-roll production methods to bring
the advantages of Ensurge technology to established and expanding markets.
For more information, please contact:
Lars Eikeland, Chief Executive Officer E-mail: lars.eikeland@ensurge.com
(mailto:lars.eikeland@ensurge.com)
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.