US35834F1049 - Common Stock
FREYR Battery, Inc. (NYSE:FREY) shares are trading higher on Tuesday. The company closed its acquisition of Trina Solar's 5 GW solar module manufacturing facility in Wilmer, Texas, announced last month. The transaction includes $100 million in cash, a $50 million loan repayment, a $150 million loan note, and 9.9% of FREYR's stock, with a potential additional 11.5% stake through an $80 million convertible note. FREYR also assumed $235 million in facility debt. The Wilmer, Texas, solar module plan
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FREY stock results show that FREYR Battery missed analyst estimates for earnings per share the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips FREYR Battery (NYSE:FREY) just reported results for the second quarter of 2024....
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