Freyr Battery Stock Ownership - Who Owns Freyr Battery in 2024? (2024)

FAQs

Who are the shareholders of Freyr batteries? ›

Hiddentao Ventures, C3 Ventures (VC), Cathexis Ventures, Duro Ventures, and K Street Capital are 5 of 16 investors who have invested in Frey.

Freyr Battery Stock Ownership FAQ

Freyr Battery (NYSE: FREY) is owned by 35.25% institutional shareholders, 10.37% Freyr Battery insiders, and 54.38% retail investors. Paul A. Brooke is the largest individual Freyr Battery shareholder, owning 2.70M shares representing 1.93% of the company. Paul A.

FREY Stock 12 Month Forecast

Based on 2 Wall Street analysts offering 12 month price targets for FREYR Battery in the last 3 months. The average price target is $3.00 with a high forecast of $3.00 and a low forecast of $3.00. The average price target represents a 61.29% change from the last price of $1.86.

Form Energy Inc., an energy-storage company backed by Bill Gates's Breakthrough Energy Ventures, is planning a $760 million factory in West Virginia, the latest plant announced in the aftermath of President Joe Biden's landmark climate law.

Valuation metrics show that Freyr Battery Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of FREY, demonstrate its potential to underperform the market.

Key Investors means holder(s) of Company Preferred Shares that holds at least 30% of the voting power of the total issued and outstanding Company Ordinary Shares on a fully-diluted and as-converted basis.

Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930) is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world.

IG is owned by IGM Financial, a leading wealth and asset management company that is committed to improving Canadians' lives through better financial management.

Birger Steen, currently Board Chair of Nordic Semiconductor ASA and Pagero AB, has been appointed FREYR's Chief Executive Officer effective as of August 21^st and to the Board of Directors, effective August 9^th.

How many shares are in FREYR Battery? ›

Number of shares outstanding as of April 2024 : 139,705,000

According to FREYR Battery's latest financial reports and stock price the company's current number of shares outstanding is 139,705,000. At the end of 2023 the company had 139,705,000 shares outstanding.

This all occurred in Birger Steen's first few months as Freyr's CEO. The company board appointed him to the role in August, and said the previous CEO, co-founder Tom Einar Jensen, would become executive chairman.

FREYR Battery stock prediction for 1 year from now: $ 3.53 (119.42%) FREYR Battery stock forecast for 2025: $ 1.337378 (-16.93%) FREYR Battery stock prediction for 2030: $ 0.528926 (-67.15%)

On average, Wall Street analysts predict that Freyr Battery's share price could reach $1.95 by Nov 14, 2024. The average Freyr Battery stock price prediction forecasts a potential upside of 4.84% from the current FREY share price of $1.86.

FREYR Battery (NYSE:FREY) went public in 2021 during the golden age of blank check companies.

Gates and Bezos aren't individual investors in the business that aims to bridge the $12 trillion supply gap in mineral deposits. Instead they are backers of Breakthrough Energy Ventures, one of the investment vehicles behind KoBold, with Gates serving as Breakthrough's chairman of the board—and founder.

Going public via a reverse special purpose acquisition company (SPAC) merger in July 2021, FREY stock has fallen from its SPAC price of $10 per share to about $1.50 per share at the time of writing.