Ensurge Micropower (ENMPF) has released an update.
Ensurge Micropower ASA has decided not to proceed with its planned Subsequent Offering due to its share prices trading below the Private Placement subscription price for a significant time, allowing shareholders to acquire shares at lower market prices. The Board has also retracted the resolution for the offering from the agenda of the upcoming Extraordinary General Meeting. The company specializes in manufacturing ultrathin, flexible solid-state lithium microbatteries for a range of electronic devices.
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