Ensurge Micropower (ENMPF) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Ensurge Micropower has approved the conversion of a NOK 1,000,000 convertible loan into 2,091,063 new shares, as part of the terms set during an Extraordinary General Meeting. This conversion, based on a price of NOK 0.5250 per share, will result in an increased share capital to NOK 309,997,136, divided into 619,994,272 shares. The adjustment follows amendments to the maturity date and conversion terms of certain existing convertible loans.
For further insights into ENMPF stock, check out TipRanks’ Stock Analysis page.