01
Dec
15:02
FREYR Battery expects to raise $230m to finance its gigafactories
Norwegian battery start-up FREYR Battery said Thursday it expects to raise $230 million in gross proceeds from its upsized underwritten public offering of 20m ordinary shares, Kallanish reports.
A day earlier, the company announced its intention to offer 13.5m shares with an option for underwriters to purchase up to 2.02m additional ordinary shares as part of this offering.
The upsized offering puts its share at a price of $11.50 each, less underwriting discounts…
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Anonymous
Very good overview of the weekly steel market.
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