secwatch.observer — SEC 8-K summary
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Issuer:     Athena Technology Acquisition Corp. II (ATEK)
CIK:        0001882198
Form:       8-K
Filed at:   2026-03-25T23:59:59+00:00
Accession:  0001213900-26-034074
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Athena Technology and Ace Green amend BCA: extend outside date, add 25.5M earnout shares, adjust board
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- Outside date for merger completion extended to April 30, 2026 from December 3, 2025.
- New earnout structure: up to 25.5M earnout shares for equity holders based on stock price, revenue, and EBITDA targets.
- Sponsor to surrender 6,335,000 SPAC shares; portions allocated to sponsor, company, and financial advisor for PIPE.
- At closing, Ace Green nominates 5 directors, SPAC nominates 1 director on the board.
- Expense caps: Ace Expense Cap $1.5M, Athena Expense Cap $3M; capital raising fees excluded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1882198/000121390026034074/0001213900-26-034074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1882198/000121390026034074/ea0283424-8k425_athena2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-034074

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