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.
Source: Read Full Article
Lates News:
-
Myers Industries Shares Tanks In Spite Of Improved Quarterly Results
-
Extreme Networks Climbs 6%; Launches Outdoor Wi-Fi 6E Access Point
-
$BTC: Five Reasons Why Bitcoin Could Be a Better Store of Value Than Gold
-
Mysterious Bitcoin Whales Move 510 $BTC After Being Dormant for a Decade
-
$291 Billion Asset Manager Predicts Bitcoin's Rise To $150,000 Post-Halving