01:28 AM EDT, 09/28/2026 (MT Newswires) -- Ensurge Micropower (ENSU.OL) secured commitments of 21 million Norwegian kroner in a convertible loan financing of up to 35 million kroner through the issuance of subordinated and unsecured convertible loans. The loans carry a 10% annual coupon, paid in kind through additional shares, and mature on Dec. 31, 2027. The conversion price is 1 krone per share, the micro battery manufacturer said Monday. Proceeds are earmarked for general corporate purposes, including working capital and continued development.

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