Day: April 7, 2024

EHang Secures Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Pilotless eVTOL Aircraft

EHang Secures Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Pilotless eVTOL Aircraft

GUANGZHOU, China, April 07, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that EHang has successfully obtained the Production Certificate (“PC”) for its EH216-S passenger-carrying pilotless electric vertical takeoff and landing (“eVTOL”) aircraft issued by the Civil Aviation Administration of China (“CAAC”), which is the world’s first PC granted in the global eVTOL industry. Following the groundbreaking obtaining of the Type Certificate (“TC”) and the Standard Airworthiness Certificate (“AC”) for the EH216-S, this remarkable achievement is another significant leap towards mass production for the eVTOL aircraft and the following commercial operations. The PC granting ceremony was held at the International...

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Ensurge Micropower ASA - Approval of share capital increase by conversion of convertible loan

Ensurge Micropower ASA – Approval of share capital increase by conversion of convertible loan

Oslo, 7 April 2024  Reference is made to the Extraordinary General Meeting(“EGM”) held in Ensurge Micropower ASA (the “Company”) on 10 November 2023 whereby the EGM resolved to issue convertible loans with total par value of NOK 4,500,000 (the “Convertible Loans”), whereby the Convertible Loans, plus accrued interest, were convertible into shares prior to the maturity date at a conversion price of NOK 0.105 per share (NOK 0.525 following the share consolidation approved by the Extraordinary General Meeting on 19 March 2024, which became effective on 5 April 2024).  The lender of an aggregated total of NOK 1,500,000 of the Convertible Loan, has provided its notification of conversion to the Company and requested that its part of the Convertible Loan, plus accrued interest, is converted into shares in...

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