 Welcome to the channel in this video. We're going to go through a SPAC which I think could explode I think it's on the starting points of it exploding would go through the information in this video and the all the different information I've got for you. This is a clean energy EV battery sort of related SPAC We'll go into this information here. I'm gonna say I'm not a financial advisor I'm a business teacher in my day life, but I'm by no means an expert on the stock market And if you could leave the video like that be fantastic helps it get up into the YouTube set results and all that good stuff So thank you for all the support and welcome to the channel if you knew here We'll go through the information and if you find this useful by the end of the video then do consider Subscribing as well. So let's go through it So the stock we're going to be talking about today or the SPAC should I say is called Freya now What do they do they build? Clean high-density high-quality high-quality Battery cells. Okay, so they're an EV battery company in that sense. Let's go through further So what do they do so about Freya? So and I'll give you the ticket symbol in a moment Freya is an emerging Producer of clean energy battery solutions for a better planet. They're fueled by low-cost hydra and wind energy Freya designs and Factures high density and cost-competitive lithium-ion Batteries with a reduced carbon footprint for the rapidly growing global markets for electric mobility Stationery energy storage marine and aviation applications. So what's their business model? A good business has a great business model So the business plan leverages a phase development approach utilizing deep partnership Strategies included in licensing of next generation technologies and joint venture Partnerships of proven OEM platforms. This dual technology strategy enables responsive industrial scaling of battery cells Before we get into the information again, I've just got to say support the channel in any way you can We're trying to reach to 10,000 subscribers as fast as we can so any way you can do that if you're new to the channel Possibly subscribe and also like the video so that we can get it up into the YouTube search results. It's much appreciate. Thank you Okay, and what is the battery cell facility? So they're planning to develop over 40 gigawatt of battery cell production capacity by 2025 to position as one of Europe's largest cell suppliers now bear with me You're thinking probably think 2025 come on 2025, but look at quantum scape. Okay? Take a symbol QS That ran up massively ran up to like 800 something like that It's now pulled back massively to like 40 or 50 But you can see the potentially even with the sort of clean battery solution sort of stocks the That are far away from you know in terms of where it needs to be 2025, right? But they can still run up so so that you know to bear that in mind they can still run up Development is located in the Moirana industrial complex in northern Norway leveraging Norway's high skilled workforce and abundant low-cost renewable energy sources in a crisp clean and energized environment And that's really important actually in terms of the fact that you know, it's in Norway No way is very famous for its incredible. It's a beautiful country by the way I hope to visit Norway after this Situation is resolved, right? I do want to visit Norway But also in addition to that Norway has got some fantastic engineers They are very well well well renowned for their brilliant engineers Norway and And certainly when it comes to battery cell technology Engineers form a key part of that, right? So Freya is planning to go public via SPAC merger So it's called elusa energy acquisition and the ticker symbol for this is al us But bear with me. I'm going to go through some further information for you that could help inform Inform it what you decide here again. I'm not a financial advisor. It's up to you What you do decide, but I'll go through some information that I've got for you Now so what do we need to know? So first of all, it's a cleaner cleaning battery company with plans to expand includes The production in 2025 doing so would make it the largest battery cell supplier in Europe Okay, so this is it in Europe. It's trying to become the largest battery cell supplier Okay, and then you've got the why to invest. Okay, so there's key areas. What the investment highlights clean and low cost batteries high growth energy storage innovative and disruptive semi-solid technology Okay, very interesting because that could lead to competitive advantages for the business Advantage margins and development model experienced executive Execution team in terms of getting stuff done Clean energy battery solutions for a better planet And you can see the information there and what what do they say in terms of their mission here? So is it plans to produce clean cost competitive lithium-ion batteries to accelerate decarbonation Decarbonization of global energy and transport systems. So as we know, this is a growing industry So there is a lot of potential revenue to be earned from this area It seems that they've got their expertise in place seems that they're going to have a fantastic Engineers that are going to be developing what they've got here as well So it's looking good to me this particular SPAC with the potential to explode past potentially $20 let's look if ever into it So why Norway? So Norway is a unique competitive advantage for such battery cell Production and this is what kind of makes this battery kind of company unique compared to some of the others So they've got carbon-free energy. So 98% of electricity production in Norway comes from renewable sources So they've got an abundance of co2 free energy So they got that which is really good in terms of the resources World-class industrial project execution So we've got they've got a strong legacy of engineering planning and project development in terms within Norway highly skilled and efficient workforce as well And then there's low regulatory risk in terms of this area Which is really important so that they can really continue to develop what they're doing without having any Extra reams of regulation that is going to slow down the process of what they're trying to achieve, right? So they're going to have Regulation actually benefits them rather than rather than regulation that is going to impact their business And then fair but to the previous article you've got these extra points So it's located in Norway the company says it will create batteries to use in electric vehicles And again electric vehicles in an industry that's going to grow more and more electric vehicles are going to be on The roads and then what is needed is the batteries for that and then this is what this company is providing It's noted that the major value will be 1.4 billion It will provide 850 million dollars in proceeds And then you've got 600 million come from private investment in public equity pipe Once the major is complete Freya Shell has earned 30 percent of the combined company The new company will operate under the name Freya battery Okay, and then it will change the stock to go from al us to f r e y The major this is important the major is expected to close in the second quarter of 2021 So if you're into buying a SPAC where it's like buy, you know buy the room or sell the news You know, you've got a lot of time where you can get into this and then just wait for the run up before the major Then sell if you wanted to play it that way. I mean, it's up to you again We're a financial advisor. There's two ways you can play you can do it that or you could hold it long term Which because you believe in the company and you want to hold it long term So there's two options there with this one So the current price of this stock is at 13 95 as you can see here And what i'm looking to get down to is the low 13s is what I would say is a buying opportunity But also at this price because I think in the long term it's going to go to 20 and beyond Okay, so I think that's where it's going to go. So I do think that this stock's got a lot of potential here I think it's it's early stages of moving up. Okay. So thank you for watching the video Don't forget to subscribe to the channel if you knew like the video to help it get it up into the youtube search results That's always much appreciated on the channel to help it grow And we're trying to reach to that 10 000 subscribers. So thanks for all the support and I'll see everybody in the next one