FREYR Battery (FREY) Reports Q2 Loss of $0.04/sh

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FREYR Battery Reports Second Quarter 2021 Results

August 12, 2021 5:59 AM EDT

NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)-- FREYR Battery (NYSE: FREY) (FREYR), a developer of clean, next-generation battery cell production capacity, today reported financial results of FREYR AS for the second quarter of fiscal year 2021. FREYR listed on the New York Stock Exchange (NYSE) following the completion of the Business Combination between Alussa Energy Acquisition Corp. (Alussa) and FREYR AS on July 9, 2021 (the Business Combination).

Highlights of the second quarter 2021 and subsequent events:

Completed the Business Combination and NYSE listing, raising $704 million in gross proceeds as equity financing for the... More