FREYR Battery Has Received The Required Votes To Approve All Proposals At Its Extraordinary General Meeting And FREYR Expects To Complete The Previously Announced Process To Redomicile From Luxembourg To The U.S. By Year End 2023
Portfolio Pulse from Benzinga Newsdesk
FREYR Battery has successfully received the necessary votes to approve all proposals at its Extraordinary General Meeting. The company anticipates completing the process to change its domicile from Luxembourg to the U.S. by the end of 2023.
December 18, 2023 | 11:13 am
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FREYR Battery's successful vote at its Extraordinary General Meeting to approve all proposals may positively influence investor sentiment as the company prepares to redomicile to the U.S. by the end of 2023.
The approval of all proposals at FREYR Battery's Extraordinary General Meeting is a significant step towards the company's redomiciliation to the U.S. This move could potentially open up the company to a broader investor base and improve access to capital markets, which is likely to be viewed positively by investors. The anticipation of the completion of this process by the end of 2023 may lead to increased investor confidence and a potential short-term uplift in the stock price.
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