W. Richard Anderson - 04 Nov 2024 Form 3 Insider Report for FREYR Battery, Inc. /DE/ (TE)

Role
Director
Signature
/s/ W. Richard Anderson
Issuer symbol
TE
Transactions as of
04 Nov 2024
Net transactions value
$0
Form type
3
Filing time
14 Nov 2024, 16:06:05 UTC
Next filing
12 Nov 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FREY Warrants 04 Nov 2024 Shares of Common Stock 475,000 $11.50 Direct F1
holding FREY Warrants 04 Nov 2024 Shares of Common Stock 42,000 $11.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 9, 2021 (the "Closing Date"), Alussa Energy Acquisition Corp. ("Alussa"), Alussa Energy Sponsor LLC (the "Sponsor"), the issuer's predecessor registrant (the "Predecessor Registrant") and certain other parties consummated a merger pursuant to that certain business combination agreement dated January 29, 2021 (the "Business Combination"). Following the Closing Date, the Sponsor transferred 475,000 warrants (such warrants were originally issued by Alussa in a private placement at the time of Alussa's initial public offering and subsequently exchanged for an equivalent number of warrants of the Predecessor Registrant during the Business Combination) to the reporting person. After the Business Combination, each of these warrants was exercisable for one share of the issuer's Common Stock 60 days following the Closing Date.
F2 Consists of warrants purchased in open market transactions. Each of these warrants was exercisable for one share of the issuer's Common Stock 60 days following the Closing Date.

Remarks:

Exhibit List Exhibit 24.1 - Power of Attorney