Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An announcement from Ensurge Micropower ( (ENMPF) ) is now available.
Ensurge Micropower has successfully completed a private placement, raising NOK 40,000,000 through the issuance of 40,000,000 new shares at a subscription price of NOK 1.00 per share. The funds will be used to support the company’s operations and for general corporate purposes. The private placement has increased the company’s share capital and includes the issuance of warrants, subject to approval at an extraordinary general meeting. The board believes that this capital raise is in the best interest of the company and its shareholders, eliminating the need for a subsequent offering to existing shareholders.
More about Ensurge Micropower
Ensurge Micropower is a company focused on energizing innovation with its ultrathin, flexible, solid-state lithium microbattery, catering to the 1 to 100 milliampere-hour (mAh) class of wearable devices and connected sensors. Their products are ideal for compact applications such as hearing aids, wireless headphones, health wearables, and IoT sensor solutions. Ensurge operates a state-of-the-art manufacturing facility in Silicon Valley, utilizing patented process technology and roll-to-roll production methods.
YTD Price Performance: -20.83%
Average Trading Volume: 3,275
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $51.52M
For an in-depth examination of ENMPF stock, go to TipRanks’ Stock Analysis page.
