Norway-based FREYR, a manufacturer of clean battery cells, is set to merge with Alussa Energy Acquisition, the companies announced today. Alussa Energy Acquisition Corp. is a blank check company incorporated on June 13, 2019 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The 1-year high price for the company’s stock is recorded $15.28 on 02/03/21, with the lowest value was $10.09 for the same time period, recorded on 01/04/21. Based on an […] Alussa Energy Acquisition Corp. Alussa is one of my top SPAC positions; here’s why. The company was founded in 2019 and is based in Grand Cayman, the Cayman Islands. Alussa Energy Acquisition Corp. operates as a blank check company. Under the terms of the agreement, ALUS will acquire FREYER through a reverse merger, with FREYER emerging as a publicly traded company. SHAREHOLDER ALERT: WeissLaw LLP Investigates Alussa Energy Acquisition Corp. Feb 08, 2021 11:48 AM ET. This represents an EV/’25e EBITDA of 0.8x. To receive more information regarding the investigation of Alussa Energy Acquisition Corp. please fill out the form below. Reminds Investors of Investigations of VIE, FFG, JWS, and RNET Mergers, INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates IAC/InterActiveCorp’s Directors and Officers for Breach of Fiduciary Duties – IAC, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. About Alussa Energy Acquisition Corp. Alussa Energy is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. We are focused on effecting business combination opportunities across the entire … Currency in USD, Trade prices are not sourced from all markets. If you own common stock in Alussa Energy Acquisition Corp. and wish to obtain additional information and protect your investments free of … your password Legal Newswire POWERED BY LAW.COM . FREYR, a developer of clean, Next-generation battery cells, to list on NYSE through a business combination with Alussa Energy Acquisition Corp. … Earnings and Valuation of Alussa Energy Acquisition (NYSE:ALUS SHAREHOLDER ALERT: Rigrodsky Law, P.A. Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Alussa Energy Acquisition Corp. ("ALUS" or the "Company") (ALUS) relating to its proposed merger with FRYER A/S. Alussa Energy Acquisition Corp. (NYSE:ALUS) has entered into a definitive agreement to combine with Norwegian battery producer, FREYR, at a pro forma enterprise value of $529 million and an equity value of $1.377 billion. The grant is provided in the "environmental technology" category and relates to Innovation Norway’s task of stimulating research and development projects, domestic value generation and creation of responsible businesses. $210 million Alussa Energy Acquisition Corp. has been publicly traded since … It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Log into your account. The grant is expected to be paid during 2021 and follows an evaluation process which started in the fall of 2020. Alussa Energy Acquisition, a blank check company targeting the energy sector, filed on Friday with the SEC to raise up to $225 million in an initial public offering. Alussa Energy Acquisition Corp. (NYSE:ALUS)’s stock price rose 7% during trading on Monday . In the past three months, Alussa Energy Acquisition insiders have not sold or bought any company stock. That rank is influenced by a … Alussa Energy Acquisition Corp. (NYSE:ALUS) was the target of a significant increase in short interest during the month of January. The stock traded as high as $15.06 and last traded at $14.92. The SPAC merger will … The company was founded in 2019 and is based in Grand Cayman, the Cayman Islands. Alussa will be led by James Musselman, as non-Executive Chairman of the Board of Directors, and Daniel Barcelo, Chief Executive Officer, President and Director. Subscribe to Premium to view Fair Value for ALUS. Alussa Energy Acquisition Corp. is a blank check company. Approximately 4,803,616 shares traded hands during mid-day trading, an increase of 138% from the average daily volume of 2,017,809 shares. Alussa Energy Acquisition Corp. is a blank check company incorporated on June 13, 2019 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. In addition to scoring higher t About Alussa Energy Acquisition Corp. Alussa Energy is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Welcome! The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. The business combination values the combined company at an implied $1.4 billion pro forma equity value. The Company focuses on business combination opportunities in energy supply chain and energy markets, as … Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Today’s news notes that the combined company from the Freyr and Alussa Energy SPAC merger would have a value of $1.4 billion. Alussa Energy Acquisition Corp. had a pretty favorable run when it comes to the market performance. © 2021 Verizon Media. Alussa Energy Acquisition Corp. (Name of Issuer) Class A ordinary shares, par value $0.0001 per share (Title of Class of Securities) G0232J127 (CUSIP Number) February 9, 2021 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Alussa Energy Acquisition does not have significant operations. Friday evening, Alussa Energy Acquisition Corp. (ALUS.U), filed their $225 million SPAC for IPO, focusing on the energy sector, and more specifically, oil and gas exploration and production (“E&P”) or midstream businesses. Under the terms of the agreement, ALUS will acquire FREYER through a reverse merger, with FREYER emerging as a publicly traded company. On 29 January FREYR announced that it will become a publicly listed company through a business combination with Alussa Energy Acquisition Corp., … Alussa Energy Acquisition Corp. is estimated to report earnings on 02/12/2021. Alussa Energy Acquisition Corp. (NYSE:ALUS) scored a price-to-earnings ratio above its average ratio, recording 175.93 x from its present earnings ratio. Today’s news notes that the combined company from the Freyr and Alussa Energy SPAC merger would have a value of $1.4 billion. About ALUS Alussa Energy Acquisition does not have significant operations. We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Alussa Energy Acquisition Corp. (“ALUS” or the “Company”) (NYSE: ALUS) in connection with the Company’s proposed merger with FREYR A/S (“FREYR”), a privately-held developer of clean battery cell production capacity. InvestorsObserver’s proprietary ranking system, gives ALUS stock a score of 19 out of a possible 100. By analyzing existing cross correlation between The Andersons and Alussa Energy Acquisition, you can compare the effects of market volatilities on Andersons and Alussa Energy and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. We are focused on effecting business combination opportunities across the entire global energy supply chain. Alussa Energy Acquisition Corp. operates as a blank check company. Alussa Energy Acquisition Corp stock is higher by 0.31% since Friday, January 10, 2020 when Alussa Energy Acquisition Corp began trading. The 52 rating InvestorsObserver gives to Alussa Energy Acquisition Corp (ALUS) stock puts it near the top of the Shell Companies industry. Our background positions us well to evaluate a broad range of opportunities across traditional energy markets as well as the accelerating energy transition movement towards renewables and decarbonization across transportation and industrial systems. The stock had previously closed at $13.95. While we may pursue an acquisition opportunity in any industry or sector, we intend to focus on businesses that complement our management team’s expertise in the production, operation and development of crude oil and natural gas wells and related infrastructure, and to capitalize on the ability of our management team to source, screen, evaluate, negotiate, structure, close and … Click here now. About Alussa Energy Acquisition Corp. Alussa Energy is a blank check company formed for the purpose of effecting a merger, share exchange, … High institutional ownership can be a signal of strong market trust in this company. The Alussa Energy team consolidates over 100 years of combined engineering, operational and investment experience, with many members of our board of directors and management team having started and operated public companies around the world. If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Innovation Norway, the Norwegian Government’s key instrument for supporting innovation and development of Norwegian enterprises and industry has granted FREYR NOK 39 million in development support. The transaction will provide an estimated $850 million of net proceeds to the Company, assuming no redemptions by Alussa… A look at today’s price movement shows that the … Approximately 0.0% of the company’s shares are short sold. Alussa Energy Acquisition Corp. (ALUS) full year performance was 32.29%. Alussa Energy Acquisition. The company’s […] Alussa Energy Acquisition Corp. (ALUS) full year performance was 41.45% As of January 29th, there was short interest totalling 10,300 shares, an increase of 157.5% from the January 14th total of 4,000 shares. Alussa Energy Acquisition Corp. Get the hottest stocks to trade every day before the market opens 100% free. 65.98% of the stock of Alussa Energy Acquisition is held by institutions. Alussa Energy Acquisition Corp. (NYSE:ALUS) price is hovering lower on Wednesday, Feb 17, sinking -0.63% below its previous close. WeissLaw LLP is … your username. All rights reserved.
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