Ensurge Micropower cancels share offering due to weak stock market conditions
Ensurge Micropower ASA has scrapped its planned share offering, originally announced in December 2025. The company, which specialises in microbattery technology for AI-enabled devices, cited unfavourable stock market conditions as the reason for the decision. Its shares had been trading below the intended subscription price for some time.
The cancelled Subsequent Offering would have included up to 22,222,222 new shares, priced at NOK 0.90 each. However, investors could already buy shares on the stock market today at lower prices. This situation persisted for a prolonged period, with enough trading volume to make the offering unviable.
The decision to cancel the offering removes the immediate opportunity for Ensurge to raise capital through new shares. Shareholders will continue trading the stock at current stock market prices. The company’s focus remains on advancing its microbattery technology for AI and IoT applications.
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