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Ensurge Micropower ( (ENMPF) ) has provided an announcement.
Ensurge Micropower ASA has completed the delisting of its shares from the U.S. OTC market while maintaining its primary listing on Oslo Børs. The move follows a strategic review of its securities trading structure aimed at streamlining operations and concentrating trading activity on its home exchange.
By exiting the OTC market, the company expects substantial annual cost savings that outweigh the benefits of the limited U.S. trading volume. Reduced expenses for board insurance, compliance functions, and reporting obligations are expected to free up resources, potentially improving operational efficiency and supporting Ensurge’s focus on its core microbattery business.
More about Ensurge Micropower
Ensurge Micropower ASA is a developer of ultra-thin, flexible solid-state lithium microbatteries designed for space-constrained applications. Its proprietary energy storage technology targets medical devices, hearing aids, wearables, industrial systems, and defense, and the company’s shares are listed on Oslo Børs under the ticker ENSU.
Average Trading Volume: 1,697,386
Current Market Cap: NOK641.1M
Find detailed analytics on ENMPF stock on TipRanks’ Stock Analysis page.