Shares of FREYR Battery (FREY) are falling more than 10% Thursday morning at $12.28.
The company today priced its upsized public offering of 20 million shares at $11.5 per share.
Gross proceeds from the offering are expected to be $230 million, which FREYR intends to use for the continued construction of Giga Arctic facilities, development expenditures for Giga America and general corporate purposes.
FREY has traded in the range of $6.42- $16.94 in the last 1 year.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.