Todd J. Kantor - Apr 18, 2024 Form 3 Insider Report for FREYR Battery, Inc. /DE/ (FREY)

Role
Director
Signature
/s/ Todd J. Kantor
Stock symbol
FREY
Transactions as of
Apr 18, 2024
Transactions value $
$0
Form type
3
Date filed
4/29/2024, 06:31 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FREY Shares of Common Stock 13.5M Apr 18, 2024 See footnote F1

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 Apr 18, 2024 Shares of Common Stock 355K $11.50 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock and shares of Common Stock subject to exercisable warrants held by Encompass Capital Advisors LLC. By virtue of its position as a subadvisor and as an investment manager, Encompass Capital Advisors LLC, and Todd Kantor, as the managing member of Encompass Capital Advisors LLC, may be deemed to have beneficial ownership of the securities identified above. Mr. Kantor disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all the reported securities for purposes of Section 16 or for any other purpose.
F2 Consists of warrants exercisable for shares of Common Stock. Each outstanding warrant became exercisable for one share of Common Stock within 60 days of July 9, 2021.

Remarks:

Exhibit List Exhibit 24.1 - Power of Attorney