{"id":782959,"date":"2023-09-11T06:04:51","date_gmt":"2023-09-11T10:04:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/freyr-battery-files-form-s-4-for-redomicile-from-luxembourg-to-u-s\/"},"modified":"2023-09-11T06:04:51","modified_gmt":"2023-09-11T10:04:51","slug":"freyr-battery-files-form-s-4-for-redomicile-from-luxembourg-to-u-s","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/freyr-battery-files-form-s-4-for-redomicile-from-luxembourg-to-u-s\/","title":{"rendered":"FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S."},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S.<\/b><\/p>\n<p>NEW YORK &amp; OSLO, Norway &amp; LUXEMBOURG&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFREYR Battery (NYSE: FREY) (\u201cFREYR\u201d), a developer of clean, next-generation battery cell production capacity, announced that its wholly owned affiliate, FREYR Battery, Inc., a United States Delaware corporation, has filed an S-4 registration statement with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) as the next step of its previously announced process to redomicile to the U.S.<\/p>\n<p>\nOn August 10, 2023, FREYR announced a plan to redomicile from Luxembourg to the U.S. effective year-end 2023. The filing of the registration statement on form S-4 is the next step in that process. The S-4 registration statement, which can be found on the SEC\u2019s website <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53551962&amp;newsitemid=20230911657972&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=8ffbd6ef0fee4111122d7f47fd246426\">www.sec.gov<\/a>, includes a summary of the transaction rationale, implications, and other considerations.<\/p>\n<p>\nIn 2023, FREYR\u2019s Board of Directors and management team undertook a review of the company\u2019s jurisdiction of incorporation of its ultimate parent company. FREYR\u2019s Board of Directors believes that the redomiciliation will enhance long-term shareholder value by providing potential strategic opportunities and benefits, including:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nSimplifying FREYR\u2019s corporate structure<\/p>\n<\/li>\n<li>\nStreamlining reporting requirements<\/p>\n<\/li>\n<li>\nEnhancing FREYR\u2019s eligibility for inclusion in equity indexes and the associated benchmarking from actively managed funds<\/p>\n<\/li>\n<li>\nAligning with well-established principles of corporate governance under Delaware law<\/p>\n<\/li>\n<li>\nPositioning FREYR to better respond to global tax developments and U.S. incentive programs for battery manufacturers; and<\/p>\n<\/li>\n<li>\nImproving alignment with the operational and strategic needs of FREYR\u2019s business as the company executes its business plan<\/p>\n<\/li>\n<\/ul>\n<p>\nThe transaction will require a shareholder vote for approval later this year, the details of which will be provided at a later date. Additional information pertaining to the redomicile process can be found on FREYR\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.freyrbattery.com&amp;esheet=53551962&amp;newsitemid=20230911657972&amp;lan=en-US&amp;anchor=www.freyrbattery.com&amp;index=2&amp;md5=02b13e29493c998094f1a7e9a4df2d83\">www.freyrbattery.com<\/a>.<\/p>\n<p><b>About FREYR Battery<\/b><\/p>\n<p>\nFREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR\u2019s mission is to produce clean 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. To learn more about FREYR, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.freyrbattery.com&amp;esheet=53551962&amp;newsitemid=20230911657972&amp;lan=en-US&amp;anchor=www.freyrbattery.com&amp;index=3&amp;md5=1fa91ceccbedbd86321710ee024ab16a\">www.freyrbattery.com<\/a><\/p>\n<p><b>Cautionary Statement Concerning Forward-Looking Statements<\/b><\/p>\n<p>\nAll statements, other than statements of present or historical fact included in this press release are forward looking statements.<\/p>\n<p>\nThese 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\u2019s control and are difficult to predict. Additional information about factors that could materially affect FREYR is set forth under the \u201cRisk Factors\u201d section in (i) FREYR\u2019s Registration Statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) on September 1, 2022 and (ii) FREYR&#8217;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\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53551962&amp;newsitemid=20230911657972&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=4&amp;md5=c220ec8ed4bf8b5791b484ba1353f832\">www.sec.gov<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230911657972r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230911657972\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230911657972\/en\/<\/a><\/span><\/p>\n<p><b>Investor contact:<br \/>\n<\/b><br \/>Jeffrey Spittel<br \/>\n<br \/>Vice President, Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jeffrey.spittel@freyrbattery.com\">jeffrey.spittel@freyrbattery.com<br \/>\n<\/a><br \/>Tel: (+1) 281-222-0161<\/p>\n<p><b>Media contact:<br \/>\n<\/b><br \/>Katrin Berntsen<br \/>\n<br \/>Vice President, Communication, FREYR<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:katrin.berntsen@freyrbattery.com\">katrin.berntsen@freyrbattery.com<br \/>\n<\/a><br \/>Tel: (+47) 920 54 570<\/p>\n<p><b>KEYWORDS:<\/b> North America United States Europe Norway Luxembourg New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Manufacturing Environment Technology Packaging Sustainability Alternative Energy Manufacturing Green Technology Energy Batteries<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230911657972\/en\/1886100\/3\/FREYR_Logo_Deep-Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S. NEW YORK &amp; OSLO, Norway &amp; LUXEMBOURG&#8211;(BUSINESS WIRE)&#8211; FREYR Battery (NYSE: FREY) (\u201cFREYR\u201d), a developer of clean, next-generation battery cell production capacity, announced that its wholly owned affiliate, FREYR Battery, Inc., a United States Delaware corporation, has filed an S-4 registration statement with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) as the next step of its previously announced process to redomicile to the U.S. On August 10, 2023, FREYR announced a plan to redomicile from Luxembourg to the U.S. effective year-end 2023. The filing of the registration statement on form S-4 is the next step in that process. The S-4 registration statement, which can be found on the SEC\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freyr-battery-files-form-s-4-for-redomicile-from-luxembourg-to-u-s\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-782959","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/freyr-battery-files-form-s-4-for-redomicile-from-luxembourg-to-u-s\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FREYR Battery Files Form S-4 for Redomicile from Luxembourg to U.S. NEW YORK &amp; OSLO, Norway &amp; LUXEMBOURG&#8211;(BUSINESS WIRE)&#8211; FREYR Battery (NYSE: FREY) (\u201cFREYR\u201d), a developer of clean, next-generation battery cell production capacity, announced that its wholly owned affiliate, FREYR Battery, Inc., a United States Delaware corporation, has filed an S-4 registration statement with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) as the next step of its previously announced process to redomicile to the U.S. On August 10, 2023, FREYR announced a plan to redomicile from Luxembourg to the U.S. effective year-end 2023. The filing of the registration statement on form S-4 is the next step in that process. 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The filing of the registration statement on form S-4 is the next step in that process. 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