FREYR Battery Files Additional Proxy Materials

TL;DR

FREYR Battery just dropped more proxy docs, shareholders need to pay attention.

AI Summary

FREYR Battery, Inc. filed definitive additional materials on June 10, 2024, related to its proxy statement. This filing is an amendment to materials previously submitted to the SEC, indicating ongoing corporate actions or disclosures requiring shareholder attention. The specific details of the additional materials are not elaborated upon in this header information.

Why It Matters

This filing indicates that FREYR Battery is providing further information to shareholders, which could be crucial for upcoming shareholder votes or decisions impacting the company's future operations and strategy.

Risk Assessment

Risk Level: low — This filing is procedural and provides additional information for shareholders, not a direct financial event or risk disclosure.

Key Numbers

• 001-41903 — SEC File Number (Identifies the specific SEC filing for FREYR Battery.)

Key Players & Entities

• FREYR Battery, Inc. (company) — Registrant
• 0001213900-24-050970 (dollar_amount) — Accession Number
• 20240610 (dollar_amount) — Filing Date

FAQ

Filing Documents

• ea0204709-03.htm (DEFA14A) — 46KB
• 0001213900-24-050970.txt ( ) — 47KB

From the Filing

ADDITIONAL MATERIALS    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________ SCHEDULE (RULE 14a-101) ________________ SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.      ) Filed by the Registrant   Filed by a party other than the Registrant   Check the appropriate box:   Preliminary Proxy Statement   Confidential, for Use of the Commission Only (as permitted by Rule 14a -6 (e)(2))   Definitive Proxy Statement   Definitive Additional Materials   Soliciting Material under § 240. 14a -12 FREYR Battery, Inc. _____________________________________________________________________ (Name of Registrant as Specified in Its Charter) _____________________________________________________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply):   No fee required   Fee paid previously with preliminary materials   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a -6 (i)(1) and 0 -11   SUPPLEMENT TO THE PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS OF FREYR BATTERY, INC. TO BE HELD ON JUNE 13, 2024 On April 29, 2024, FREYR Battery, Inc. (the “Company” or “FREYR”) first mailed or made available to its stockholders a definitive proxy statement (the “Proxy Statement”) for the Company’s Annual Meeting of Stockholders to be held on Thursday, June 13, 2024 (the “Annual Meeting”). This Supplement to the Proxy Statement, which describes recent changes in the proposed nominees for election to the Company’s Board of Directors (the “Board”) and the Company’s leadership, should be read in conjunction with the Proxy Statement. Except as described in this Supplement, the information provided in the Proxy Statement continues to apply and should be considered in voting your shares. Chief Executive Officer and Board Chair Transition and Withdrawal of Director Nominee On June 6, 2024, the Company announced that Birger K. Steen, Chief Executive Officer (“CEO”), would be leaving the Company, effective as of June 6, 2024 (the “Transition Date”). In connection with his departure, Mr. Steen is no longer standing for re -election to the Board at the Annual Meeting, and the size of the Board has been reduced from nine to eight directors. The Company’s proxy materials are hereby deemed amended to remove Mr. Steen as a nominee for the Annual Meeting and to reflect the change in the Board’s size. The Company’s slate of nominees otherwise remains unchanged. Previously voted proxies remain valid, other than with respect to Mr. Steen, as he is no longer standing for re -election , and the Company’s stockholders eligible to vote at the Annual Meeting may continue to use their proxy cards to vote their shares as to the Board’s remaining nominees and the other matters being voted on at the Annual Meeting. In connection with Mr. Steen’s departure, FREYR Battery Norway AS, a wholly -owned subsidiary of the Company, has entered into a Separation and Release Agreement (the “CEO Separation Agreement”) with Mr. Steen. For additional information regarding the CEO Separation Agreement, see the Company’s Current Report on Form 8 -K , filed with the U.S. Securities and Exchange Commission on June 6, 2024 (the “Form 8 -K ”). On June 6, 2024, the Company also announced that the Board appointed Tom Einar Jensen as CEO of the Company, effective as of the Transition Date. Additionally, Mr. Jensen resigned from his current position as Executive Chair of the Board, and the Board has appointed Daniel Barcelo as Non -Executive Chair of the Board, each effective as of the Transition Date. Mr. Jensen will continue to serve on the Board following the Transition Date. The Company and Mr. Jensen are still finalizing the terms of his compensation for his new role as CEO of the Company and such arrangements will be separately announced when finalized. For additional information regarding Mr. Jensen’s compensation, see the Form 8 -K . Chief Financial Officer Transition On May 31, 2024, Oscar K. Brown notified the Board of his intention to leave his role as the Company’s Chief Financial Officer (“CFO”), effective June 13

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View this DEFA14A filing on SEC EDGAR