Freyr Battery Inc

FREYR Battery SA formed for the purpose of effecting a merger between Alussa Energy Acquisition Corp., FREYR AS, and other affiliated entities through a series of transactions. The company was founded by Peter Matrai, Torstein Dale Sjøtveit and Tom Einar Jensen on January 20, 2021 and is headquartered Luxembourg.

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FREYR Battery excels in Q4, eyes U.S. expansion amid challenges

FREYR Battery's Q4 2022 earnings call highlighted significant achievements, positive financial results, and strategic initiatives for future growth.
The company's strengths in technology, partnerships, and market responsiveness position it well for success, despite facing challenges in operations and financing.
With a proactive approach to opportunities in the U.S. market, strategic planning for raw material sourcing, and a focus on customer needs, FREYR demonstrates a promising outlook for 2023.

FREYR Battery Inc reports Q1 milestones and financing pursuits

FREYR Battery Inc made strides in Q1 2023 towards becoming a key player in the battery supply industry, despite reporting a net loss. The company is actively securing financing and raw materials for their projects, with a focus on capacity expansions. Challenges include safety incidents and awaiting government support for capital allocation decisions.

FREYR Battery Inc progresses on $1B equity raise and market positioning

FREYR Battery Inc's Q2 2023 earnings call highlighted operational progress, financial updates, and strategic initiatives for project financing and market positioning.
The company's leadership transition, focus on specialized products, and commitment to efficiency and sustainability position it well for market demand and industry growth.
Challenges in market competition, financing, and performance validation underscore the need for strategic management and innovation to drive success and investor confidence.
Opportunities in energy storage demand, government financing partnerships, and investor engagement present avenues for growth, market expansion, and revenue generation for FREYR.
FREYR Battery Inc advances operational and financial strategies for growth

FREYR reports Q3 loss, focuses on cost-cutting and strategic partnerships

FREYR is navigating challenges at CQP and Giga Arctic while focusing on cost reduction and strategic partnerships.
The company is strengthening its technology capabilities and pursuing opportunities in the ESS market.
Despite financial losses, FREYR aims to extend its cash runway through disciplined financial management.
Redomiciling to the U.S. showcases a strategic move to align with the country's battery manufacturing support.

FREYR Battery reports Q4 loss, eyes Giga America project success

FREYR Battery's Q4 2023 earnings call highlighted a mix of challenges and opportunities amidst rapid market growth. The company's focus on technology innovation, capital formation, and strategic partnerships positions it well for future success in the EV and energy storage sectors.

FREYR Battery reports Q1 loss, strong cash position; eyes growth

FREYR Battery is making strides in technology strategy and market focus, aiming to become a leading battery producer. Despite a net loss, the company ended Q1 2024 with a strong cash position and no debt. Challenges in financial optimization and capital discipline persist, but opportunities in the battery sector and project pipelines offer growth potential.

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FREYR Battery, Inc. engages in developing battery solutions. It focuses on energy storage systems and commercial mobility. The company was founded by Tom Einar Jensen, Peter Matrai, and Tore Ivar Slettemoen on August 31, 2023 and is headquartered in Newnan, GA.

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FREYR Battery (FREY) Q4 2023 Earnings Call Transcript

NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today reported financial results for the fourth quarter and full year of 2023. Highlights: New operations update: another key milestone reached at Customer Qualification Plant. Building on recent technical achievements, FREYR's Asset Mo team at the Customer Qualification Plant (“CQP”) conducted successful aut.

FREYR Battery Reports Fourth Quarter and Full Year 2023 Results

Freyr Battery's (FREY) Q4 results are likely to reflect its further progress with the Giga America battery manufacturing project amid high general and administrative expenses.

Freyr Battery (FREY) to Post Q4 Earnings: What's in Store?

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NEW YORK & OSLO & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has provided an update this morning on the Company's operational progress at the Customer Qualification Plant (“CQP”) in Mo i Rana, Norway; and a financial update on FREYR's cash position at year-end 2023. FREYR casts electrodes with active electrolyte slurry FREYR's team at the CQP reached a key milestone by producing aut.

FREYR Battery Provides Operations and Financial Update

NEW YORK & OSLO & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, will publish a press release detailing fourth quarter and full-year 2023 results and conduct a conference call on February 29, 2024. The fourth quarter and full-year 2023 press release will be issued by 6:00 am U.S. Eastern Standard Time (12:00 pm Central European Time). The conference call is scheduled to begin at 8:30 am Eastern Standard.

FREYR Battery Announces Fourth Quarter 2023 Earnings Release and Conference Call Schedule

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NEW YORK, OSLO, and NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, completed its previously announced process to redomicile from Luxembourg to the United States effective December 31, 2023. In connection with the completion of the redomiciliation, each of the issued and outstanding of the Company's previous Ordinary Shares and public and private Warrants have become, on a one-for-.

FREYR Battery Completes Redomicile from Luxembourg to the U.S.

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NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, announced today that the U.S. Department of Energy (“DOE”) has invited the Company to submit the Part II loan application under the DOE Title 17 program for FREYR's Giga America project. “The Part II DOE loan application invitation is an important next step in FREYR's journey to fund our Giga America project,” comme.

FREYR Battery Receives Invitation from U.S. Department of Energy to Submit Part II Application for Giga America Title 17 Loan

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, announced today that the Company has received the required votes to approve all proposals at its Extraordinary General Meeting (“EGM”) on December 15, 2023. As a result, FREYR expects to complete the previously announced process to redomicile from Luxembourg to the United States by year end 2023. “On behalf of the B.

FREYR Battery Receives Shareholder Approval for Redomicile from Luxembourg to the U.S.

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NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced that two leading independent proxy advisory firms, Glass Lewis and Institutional Shareholder Services (“ISS”), recommend that shareholders for “FOR” proposals related to the previously announced process to redomicile from Luxembourg to Delaware in the United States. FREYR will be holding an extraordina.

Leading Independent Proxy Advisory Firms Recommend Shareholders Vote “FOR” the Redomicile of FREYR Battery from Luxembourg to the U.S.

Freyr Battery (NYSE: FREY ) stock rose nearly 10% in pre-market trading after the company gave analysts a positive review of its efforts to make its SemiSolid battery technology platform. FREY stock was trading in the pre-market at $1.54, a market capitalization of nearly $200 million.

FREY Stock Alert: Freyr Jumps 10% on Battery Update

NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced organizational optimizations, including leadership changes intended to align resources with FREYR's business priorities. Under FREYR's new organizational structure, the following members of FREYR's executive leadership team will assume elevated responsibilities with immediate effect: Dr. Andreas Bentze.

FREYR Battery Announces New Organizational Structure and Leadership Changes

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NEW YORK & OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, has announced the appointment of Jessica Wirth Strine to FREYR's Board of Directors. Jessica Wirth Strine, a U.S.-based executive with prior experience as a portfolio manager at BlackRock Inc. (NYSE: BLK) and Vanguard Investments, is joining FREYR's Board of Directors effective immediately. Strine is the Chief Execu.

FREYR Battery Appoints Jessica Wirth Strine to Board of Directors

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The heavy selling pressure might have exhausted for FREYR Battery (FREY) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Down -56.67% in 4 Weeks, Here's Why You Should You Buy the Dip in FREYR Battery (FREY)

FREYR is set to delay its CQP facility as a response to European government subsidies remaining out of reach. The company is fully pivoting to the US to take advantage of 2022 Inflation Reduction Act subsidies. This pivot will see its Giga America factory produce conventional batteries for sale by 2025.

FREYR Battery: Growth Story Unravels

NEW YORK, OSLO & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”) has published a letter to shareholders co-authored by Co-Founder and Executive Chairperson Tom Einar Jensen and Chief Executive Officer Birger Steen. The content of the shareholder letter, which is posted to the investor relations section of FREYR's website, is also included below: Dear Shareholders, We, Tom Einar Jensen, and Birger Steen, are writing to you today to encourage you to participate and vote at our u.

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