FREYR Battery (NYSE:FREY) is focused on the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. On December 1, FREYR Battery (NYSE:FREY) announced the pricing of its upsized underwritten public offering of 20 million ordinary shares, without nominal value. Each share is being offered at $11.50 per share and the gross proceeds to FREYR from the offering are expected to be $230 million.