T1 Energy Changes Stock Ticker Symbol to ‘TE’ from ‘FREY’ as Part of Global Rebranding
03 March 2025 - 10:01PM
Business Wire
T1 Energy (NYSE: TE) (or the “Company”) confirmed today that as
of the open of business, the Company’s common stock and warrants,
which trade on the New York Stock Exchange, will cease trading
under the ticker symbols “FREY” and “FREY WS”, respectively, and
commence trading under the ticker symbols “TE” and “TE WS”. The
change in ticker symbol is part of a comprehensive global rebrand
which reflects T1’s commitment to becoming a vertically integrated
U.S. solar + battery storage leader from its corporate headquarters
in Austin, Texas.
About T1 Energy
T1 Energy Inc. (NYSE: FREY) is an energy solutions provider
building an integrated U.S. supply chain for solar and batteries.
In December 2024, T1 completed a transformative transaction,
positioning the Company as one of the leading solar manufacturing
companies in the U.S., with a complementary solar and battery
storage strategy. Based in the U.S. with plans to expand its
operations in America, the Company is also exploring value
optimization opportunities across its portfolio of assets in
Europe.
To learn more about T1, please visit www.T1energy.com and follow
on social media.
Cautionary Statement Concerning Forward-Looking
Statements:
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements, including without limitation with
respect to the Company’s operational performance and profitability
(including its strategic objective to become a vertically
integrated U.S. solar + storage leader), the delivery of clean,
reliable energy at scale, creation of American jobs and bettering
the U.S. communities in which we work, the timing of production
ramp of solar modules, progress on site selection and anticipated
construction for G2 and the change of the ticker symbols. These
forward-looking statements are based on management’s current
expectations. These statements are neither promises nor guarantees,
but involve known and unknown risks, uncertainties and other
important factors that may cause actual future events, results, or
achievements to be materially different from the Company’s
expectations and projections expressed or implied by the
forward-looking statements. Important factors include, but are not
limited to, those discussed under the caption “Risk Factors” in (i)
FREYR Battery, Inc.’s post-effective amendment no. 1 to the
Registration Statement on Form S-3 filed with the Securities and
Exchange Commission (the “SEC”) on January 4, 2024, (ii) FREYR
Battery, Inc.’s Registration Statement on Form S-4 filed with the
SEC on September 8, 2023 and subsequent amendments thereto filed on
October 13, 2023, October 19, 2023 and October 31, 2023, and (iii)
FREYR Battery, Inc.’s annual report on Form 10-K filed with the SEC
on February 29, 2024, and FREYR Battery, Inc.’s quarterly reports
on Form 10-Q filed with the SEC on May 8, August 9 and November 12,
2024, and available on the SEC’s website at www.sec.gov.
Forward-looking statements speak only as of the date of this press
release and are based on information available to the Company as of
the date of this press release, and the Company assumes no
obligation to update such forward-looking statements, all of which
are expressly qualified by the statements in this section, whether
as a result of new information, future events or otherwise, except
as required by law.
T1 intends to use its website as a channel of distribution to
disclose information which may be of interest or material to
investors and to communicate with investors and the public. Such
disclosures will be included on T1’s website in the ‘Investor
Relations’ sections. T1 also intends to use certain social media
channels, including, but not limited to, X and LinkedIn, as means
of communicating with the public and investors about T1, its
progress, products, and other matters. While not all the
information that T1 posts to its digital platforms may be deemed to
be of a material nature, some information may be. As a result, T1
encourages investors and others interested to review the
information that it posts and to monitor such portions of T1’s
website and social media channels on a regular basis, in addition
to following T1’s press releases, SEC filings, and public
conference calls and webcasts. The contents of T1’s website and
other social media channels shall not be deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended.
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version on businesswire.com: https://www.businesswire.com/news/home/20250303961855/en/
Investor contact: Jeffrey Spittel EVP, Investor Relations
and Corporate Development jeffrey.spittel@T1energy.com Tel: +1 409
599-5706
Media contact: Amy Jaick SVP, Communications
amy.jaick@T1energy.com Tel: +1 973 713-5585
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