FREYR Battery, a developer of clean, next-generation battery cell production capacity, has announced the pricing of its upsized underwritten public offering of 20,000,000 of its Ordinary Shares, without nominal value. Each Ordinary Share is being offered at a public offering price of $11.50 per share, less underwriting discounts and commissions. The gross proceeds to FREYR from the offering, before deducting the underwriting discounts and commissions and offering expenses payable by FREYR, are expected to be $230,000,000.
