FREY Stock Recent News

NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable clean energy capacity and solutions, today reported financial results for the third quarter of 2024. Results Overview, Financing, and Liquidity FREYR reported a net loss attributable to stockholders for the third quarter of 2024 of $(27.5) million, or $(0.20) per diluted share compared to a net loss for the third quarter of 2023 of $(9.8) million or $(0.

NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) has announced that the Company has entered into an agreement to acquire the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”). The transaction is subject to certain customary conditions precedent, including receipt of certain third-party consents, completion of the preferred stock issuance to Encompass Capital Advisors LLC and internal reorganization t.

NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable battery and clean energy solutions, confirmed this morning that the European Union Innovation Fund (“EUIF”) has selected FREYR for a €122 million grant award to develop the Company's potential joint venture Cathode Active Material (“CAM”) manufacturing project in Vaasa, Finland. “We are very grateful to be selected for this grant award from the EU Innov.

In 2021, the term SPAC became part of the investor's dictionary. SPAC stands for special purpose acquisition company, and it was a way many companies went public in 2020 and 2021.

FREYR is prioritizing investing in their Giga America plant to capitalize on favorable IRA policies and market opportunities, especially in the EES and EV segments. With $221.5M in cash and no debt, FREYR has a decent buffer for the next 2-3 years but must manage expenses to avoid liquidity issues. Pessimism and skepticism about near-term milestones are fully priced in, potential positive announcements could shift market sentiment and increase share price significantly.

FREYR Battery, Inc. (NYSE:FREY ) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Jeffrey Spittel - VP, IR Daniel Barcelo - Chairman Tom Einar Jensen - Co-founder, CEO Evan Calio - CFO Conference Call Participants Tyler DiMatteo - BTIG Jeffrey Spittel Hello and welcome to Freyr Battery's Second Quarter 2024 Earnings Conference Call. With me today on the call are Daniel Barcelo, Chairman of Freyr's Board of Directors, our Co-founder, Chief Executive Officer, and Board Director, Tom Einar Jensen, and Evan Calio, our Chief Financial Officer.

NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of next-generation battery cell production capacity, will publish a press release detailing second quarter 2024 results and conduct a conference call on August 9, 2024. The second quarter 2024 press release will be issued by 6:00 am U.S. Daylight Time (12:00 pm Central European Time). The conference call is scheduled to begin at 8:30 am Eastern Daylight Time (2:30 pm Central European Time).

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. FREYR successfully produces unit cells in continuous process at CQP FREYR's teams, partners, and vendors have reached the Company's most significant technical achievement to date by pr.

The Global X Lithium & Battery Tech ETF (NYSEARCA: LIT ) shed more than 10% of its value in the past month, naturally leading to a drawdown in battery stocks. Many might argue that the recent capitulation of battery stocks is a sign of things to come.

NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”), a developer of clean, next-generation battery cell production capacity, today announced the appointment of Co-Founder and current Chairperson of the Board of Directors (the “Board”) Tom Jensen as Chief Executive Officer. Current Director Daniel Barcelo has been appointed the next Chair of the Board. Additionally, Evan Calio has been appointed as the Company's new CFO. In connection wit.