Alussa Energy Announces Expected Closing of Business Combination with FREYR

NEW YORK & OSLO, Norway–(BUSINESS WIRE)–Alussa Energy Acquisition Corp. (“Alussa Energy”) (NYSE: ALUS) and FREYR AS (“FREYR”) announced today that they expect to close their proposed business combination on Friday, July 9, 2021, assuming Alussa Energy receives shareholder approval at the Extraordinary General Meeting of Alussa Energy shareholders (the “Special Meeting”) to be held on Wednesday, June 30, 2021. Following closing, the combined company’s stock and warrants are expected to trade under the ticker symbols “FREY” and “FREY.WS”, respectively, starting on Thursday, July 8, 2021.