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Ensurge Micropower ( (ENMPF) ) has shared an update.
Ensurge Micropower ASA announced the successful registration of a share capital increase following a private placement of 40 million new shares, raising NOK 40 million in gross proceeds. This financial move strengthens Ensurge’s market presence, supporting its innovation in flexible microbattery solutions and aligning with its strategic goals to expand in the wearable and IoT markets.
More about Ensurge Micropower
Ensurge Micropower operates in the energy sector, specializing in ultrathin, flexible, and reliable solid-state lithium microbatteries designed for wearable devices and IoT sensor solutions. Their technology supports energy-dense rechargeable products suitable for compact applications like hearables, digital wearables, and fitness devices. With a manufacturing facility in Silicon Valley, the company leverages patented technology and roll-to-roll production methods to serve established and growing markets.
YTD Price Performance: -13.54%
Average Trading Volume: 3,275
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $56.04M
Learn more about ENMPF stock on TipRanks’ Stock Analysis page.
