freyr-20230714

0001844224-23-000032.txt : 20230714 0001844224-23-000032.hdr.sgml : 20230714 20230714125505 ACCESSION NUMBER: 0001844224-23-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20230714 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230714 DATE AS OF CHANGE: 20230714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FREYR Battery CENTRAL INDEX KEY: 0001844224 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 000000000 STATE OF INCORPORATION: N4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40581 FILM NUMBER: 231088596 BUSINESS ADDRESS: STREET 1: 22-24, BOULEVARD ROYAL CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: L-2449 BUSINESS PHONE: 352 46 61 11 3721 MAIL ADDRESS: STREET 1: 22-24, BOULEVARD ROYAL CITY: GRAND DUCHY OF LUXEMBOURG STATE: N4 ZIP: L-2449 8-K 1 freyr-20230714.htm 8-K freyr-20230714

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 14, 2023 (July 13, 2023)

FREYR Battery

(Exact name of registrant as specified in its charter)

Luxembourg

001-40581

Not Applicable

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

22-24, Boulevard Royal, L-2449 Luxembourg

Grand Duchy of Luxembourg



(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: +352 621 727 777

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Ordinary Shares, without nominal value

FREY

The New York Stock Exchange

Warrants, each whole warrant exercisable for one Ordinary Share at an exercise price of $11.50

FREY WS

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On July 13, 2023, FREYR Battery (“FREYR” or the “Company”) issued a press release announcing that the Company was awarded a €100 million grant from the European Union (“EU”) to support development of FREYR’s Giga Arctic project in Mo i Rana, Norway. The grant will be funded through the EU’s Innovation Fund as part of the EU’s efforts to promote localized production of battery solutions. A copy of the press release is attached hereto as Exhibit 99.1.

The press release is being furnished pursuant to Item 8.01 and will not be deemed to be filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liabilities of that section, nor will it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.


Exhibit No.						Description
99.1						Press Release, dated Ju l y 13, 2023, announcing FREYR Battery’s award of EU Innovation Fund Grant
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.


	FREYR BATTERY

Date: July 14, 2023	By:	/s/ Oscar K. Brown
	Name:	Oscar K. Brown
	Title:	Group Chief Financial Officer

EX-99.1 2 ex991-euinnovationgrant.htm EX-99.1 Document

News Release

FREYR Battery Awarded €100 Million EU Innovation Fund Grant

NEW YORK, OSLO, Norway & LUXEMBOURG, July 13, 2023, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that the company has been awarded a €100 million grant from the European Union (“EU”) to support development of FREYR’s Giga Arctic project in Norway. The grant will be funded through the EU’s Innovation Fund (“EUIF”) as part of the EU’s efforts to promote localized production of battery solutions.

“We are delighted with the news we have received from the EU’s Innovation Fund to support FREYR’s Giga Arctic project,” remarked Tom Einar Jensen, FREYR’s Co-Founder and CEO. “This grant is a recognition that batteries represent the key catalyst of the energy transition supporting regional energy security through faster deployment of renewable energy. Moreover, this significant financial commitment provides timely support to continued development of the Giga Arctic project, which is intended to bring clean battery products to our customers and partners across Europe. We look forward to working with the EUIF as well as the Norwegian Government to unlock further momentum for next generation battery production capacity at GWh scale in Norway.”

Giga Arctic, which has been under development since FREYR’s Board of Directors sanctioned the start of construction in June 2022, is designed to be a 29 GWh nameplate capacity facility based on the 24M Technologies SemiSolidTM manufacturing platform and powered with 100% renewable hydroelectricity.

According to a report recently published by Minviro, a life cycle assessment company and independent third-party commissioned by FREYR, the annual production at the planned Giga Arctic facility in Norway could enable FREYR’s customers to mitigate 80 million tons of CO2 emissions over the batteries’ lifetime when used for renewable Energy Storage Systems (ESS). The projected emissions mitigation corresponds to almost twice the total amount of CO2 emitted in Norway annually.

The EU’s Innovation Fund is one of the world’s largest funding opportunities for projects designed to reduce greenhouse gas emissions. The fund targets highly innovative technologies and large-scale, flagship initiatives that can bring more value to Europe in terms of transitioning to a low-carbon continent.

***

1 | News Release | FREYR Battery | www.freyrbattery.com/news

About FREYR Battery

FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR’s mission is to produce green battery cells to accelerate the decarbonization of energy and transportation systems globally. FREYR has commenced building the first of its planned factories in Mo i Rana, Norway and announced potential development of industrial scale battery cell production in the United States and Vaasa, Finland. FREYR intends to install 50 GWh of battery cell capacity by 2025 and 100 GWh annual capacity by 2028 and 200 GWh of annual capacity by 2030. To learn more about FREYR, please visit www.freyrbattery.com.

Investor contact:

Jeffrey Spittel

Vice President, Investor Relations

jeffrey.spittel@freyrbattery.com

Tel: (+1) 281-222-0161

Media contact:

Hilde Rønningsen

Director Communication

hilde.ronningsen@freyrbattery.com

Tel: (+47) 453 97 184

Cautionary Statement Concerning Forward-Looking Statements

All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from the expected results. Most of these factors are outside FREYR’s control and are difficult to predict. Additional information about factors that could materially affect FREYR is set forth under the “Risk Factors” section in (i) FREYR’s Registration Statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the “SEC”) on September 1, 2022 and (ii) FREYR's Annual Report on Form 10-K for the year ended December 31, 2022 that was filed with the SEC on February 27, 2023, available on the SEC’s website at www.sec.gov.

Except as otherwise required by applicable law, FREYR disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Should underlying assumptions prove incorrect, actual results and projections could differ materially from those expressed in any forward-looking statements.

2 | News Release | FREYR Battery | www.freyrbattery.com/news

EX-101.SCH 3 freyr-20230714.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 freyr-20230714_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 5 freyr-20230714_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Entity Address, Country Entity Address, Country WarrantsEachWholeWarrantExercisableForOneOrdinaryShareAtAnExercisePriceOf1150Member WarrantsEachWholeWarrantExercisableForOneOrdinaryShareAtAnExercisePriceOf1150Member WarrantsEachWholeWarrantExercisableForOneOrdinaryShareAtAnExercisePriceOf1150Member Document Period End Date Document Period End Date Pre-commencement Tender Offer Pre-commencement Tender Offer Class of Stock [Domain] Class of Stock [Domain] Soliciting Material Soliciting Material City Area Code City Area Code Entity Address, Postal Zip Code Entity Address, Postal Zip Code OrdinarySharesWithoutNominalValueMember OrdinarySharesWithoutNominalValueMember OrdinarySharesWithoutNominalValueMember Entity Central Index Key Entity Central Index Key Entity Address, City or Town Entity Address, City or Town Security Exchange Name Security Exchange Name Title of 12(b) Security Title of 12(b) Security Written Communications Written Communications Document Information [Line Items] Document Information [Line Items] Local Phone Number Local Phone Number Trading Symbol Trading Symbol Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Cover [Abstract] Entity Emerging Growth Company Entity Emerging Growth Company Document Type Document Type Amendment Flag Amendment Flag Entity Ex Transition Period Entity Ex Transition Period Class of Stock [Axis] Class of Stock [Axis] Document Information [Table] Document Information [Table] Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address, Address Line One Entity Registrant Name Entity Registrant Name EX-101.PRE 6 freyr-20230714_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 7 image.jpg begin 644 image.jpg MB5!.1PT*&@H -24A$4@ 3$ !/" 8 "#.O)M 7-21T( KLX< MZ0 1G04U! "QCPO\804 )<$A9

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end XML 8 R1.htm IDEA: XBRL DOCUMENT v3.23.2

Cover

Jul. 14, 2023

Document Information [Line Items]

Document Type 8-K

Document Period End Date Jul. 14, 2023

Entity Registrant Name FREYR Battery

Entity Incorporation, State or Country Code N4

Entity File Number 001-40581

Entity Address, Address Line One 22-24, Boulevard Royal

Entity Address, Postal Zip Code -2449

Entity Address, City or Town Luxembourg

Entity Address, Country LU

City Area Code 352

Local Phone Number 621 727 777

Written Communications false

Soliciting Material false

Pre-commencement Tender Offer false

Pre-commencement Issuer Tender Offer false

Entity Emerging Growth Company true

Entity Ex Transition Period false

Entity Tax Identification Number 00-0000000

Entity Central Index Key 0001844224

Amendment Flag false

OrdinarySharesWithoutNominalValueMember

Document Information [Line Items]

Title of 12(b) Security Ordinary Shares, without nominal value

Trading Symbol FREY

Security Exchange Name NYSE

WarrantsEachWholeWarrantExercisableForOneOrdinaryShareAtAnExercisePriceOf1150Member

Document Information [Line Items]

Title of 12(b) Security Warrants, each whole warrant exercisable for one Ordinary Share at an exercise price of $11.50

Trading Symbol FREY WS

Security Exchange Name NYSE

Cover	Jul. 14, 2023
Document Information [Line Items]
Document Type	8-K
Document Period End Date	Jul. 14, 2023
Entity Registrant Name	FREYR Battery
Entity Incorporation, State or Country Code	N4
Entity File Number	001-40581
Entity Address, Address Line One	22-24, Boulevard Royal
Entity Address, Postal Zip Code	-2449
Entity Address, City or Town	Luxembourg
Entity Address, Country	LU
City Area Code	352
Local Phone Number	621 727 777
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Tax Identification Number	00-0000000
Entity Central Index Key	0001844224
Amendment Flag	false
OrdinarySharesWithoutNominalValueMember
Document Information [Line Items]
Title of 12(b) Security	Ordinary Shares, without nominal value
Trading Symbol	FREY
Security Exchange Name	NYSE
WarrantsEachWholeWarrantExercisableForOneOrdinaryShareAtAnExercisePriceOf1150Member
Document Information [Line Items]
Title of 12(b) Security	Warrants, each whole warrant exercisable for one Ordinary Share at an exercise price of $11.50
Trading Symbol	FREY WS
Security Exchange Name	NYSE