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FREYR Battery, Inc. - $FREY STOCK NEWS

Welcome to our dedicated page for FREYR Battery news (Ticker: $FREY), a resource for investors and traders seeking the latest updates and insights on FREYR Battery stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FREYR Battery's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FREYR Battery's position in the market.

Rhea-AI Summary
FREYR Battery (FREY) announces organizational optimizations, including leadership changes to align resources with business priorities. Dr. Andreas Bentzen promoted to Chief Technology Officer, Ryuta Kawaguchi to Chief Strategy Officer & Technical Fellow, and Mike Brose to lead activities in Mo i Rana. Amy Jaick promoted to Head of Global Communications, and Jan Dahm-Simonsen to lead global human resources. The new structure aims to position FREYR as a U.S. based technology leader in the battery solutions industry, focusing on technology development and GWh production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.36%
Tags
management
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Rhea-AI Summary
FREYR Battery (FREY) appoints Jessica Wirth Strine, a U.S.-based executive with extensive experience in the capital markets and sustainable governance, to its Board of Directors. Olaug Svarva steps down as independent director. With the re-domiciliation process to the U.S. underway, this transition marks a significant step in FREYR's strategic development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
management
-
Rhea-AI Summary
FREYR Battery (NYSE: FREY) Published Shareholder Letter Encouraging Redomiciliation to the U.S. and Providing Updates on Technology and Strategy
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.67%
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none
Rhea-AI Summary
FREYR Battery (NYSE: FREY) reported Q3 2023 financial results, highlighting delays in commissioning equipment at the Customer Qualification Plant. The company ended Q3 with $328 million in cash and no debt, expects to exit 2023 with $250 million in cash, and is implementing cost rationalization initiatives to extend cash runway. FREYR plans to minimize spending on the Giga Arctic project in 2024 and is engaging with potential financial sponsors and strategic partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
-
Rhea-AI Summary
FREYR Battery, a developer of clean battery cell production capacity, will hold an extraordinary general meeting of shareholders on December 15, 2023. Proxy materials are being mailed to shareholders of record as of October 25, 2023. The meeting is in connection with the company's redomiciliation process from Luxembourg to the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
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none
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Rhea-AI Summary
FREYR Battery (NYSE: FREY) will release its third quarter 2023 results and conduct a conference call on November 9, 2023. The press release will be issued at 6:00 am EST and the conference call will begin at 8:30 am EST.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
News
Rhea-AI Summary
FREYR achieves key milestone in battery cell production, positioning them for fully automated production at CQP in 4Q 2023. Collaboration with Nidec and 24M Technologies progresses. Sample cells to be shipped to Nidec. Positive outlook for Giga America project equity farm down process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
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none
-
Rhea-AI Summary
FREYR Battery files S-4 registration statement with SEC as part of redomiciliation process to the US
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.94%
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none
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News
Rhea-AI Summary
FREYR provides update on operational progress at the Customer Qualification Plant (CQP) in Norway
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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none
Rhea-AI Summary
SAP joins FREYR's Energy Transition Acceleration Coalition (ETAC) to commercialize decarbonization solutions through clean battery deployment
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
none
FREYR Battery, Inc.

NYSE:FREY

FREY Rankings

FREY Stock Data

276.62M
105.57M
15.88%
36.73%
5.47%
Electrical Equipment & Parts
Industrials
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United States of America
NEWNAN

About FREY

freyr is a norwegian incorporated company developing a combined 32+2 gwh lithium ion battery facility and 600 mw onshore wind-park in rana and nesna municipalities in norway. the company’s products will target the rapidly expanding ev market in europe and develop additional markets in the marine, stationary storage, short-haul aviation and offshore segments through cluster-based r&d initiatives with leading norwegian and european institutions and companies.