Highest-materiality recent filing
Athena II and Ace Green Recycling secure $32M PIPE financing for proposed business combination
PIPE investors to purchase 3.33M shares of 12% Series A Cumulative Convertible Preferred Stock at $12/share conversion, plus 5M warrants at $12 exercise, for $32M.
Outside date for merger completion extended to April 30, 2026 from December 3, 2025.
NYSE American commences delisting of Athena Technology for missing business combination deadline
NYSE American initiated delisting proceedings against Athena Technology (ATEK) for failing to consummate a business combination within 36 months of IPO effectiveness.
Athena Tech SPAC extends deadline to Sep 2025; ~978K shares redeemed for $11.5M
Stockholders approved charter amendment extending business combination deadline from Dec 14, 2024 to up to Sep 14, 2025.
SPAC Athena to merge with Ace Green Recycling via Merger Sub; Ace survives as wholly owned subsidiary.
Athena Technology receives NYSE American delisting notice over late Q3 2024 10-Q filing
Notice received Nov. 20, 2024; Q3 2024 10-Q due Nov. 19 was not filed.
Athena Tech Acquisition Corp. II deposits $25,756 to extend trust deadline for 9th monthly extension
Deposited $25,755.62 into trust account to extend business combination deadline by one month.
Athena Tech SPAC restates Q3 2023 financials over $1.5M trust error; extends deadline to Oct 14
Non-reliance on Q3 2023 unaudited financials due to $1.5M trust withdrawal incorrectly recorded as investments instead of restricted cash.
Director Randi Zuckerberg resigns; CFO Anna Apostolova replaced by Jennifer Calabrese
Randi Zuckerberg resigned from Board and all committees effective July 24, 2024; no disagreement with Company.
Athena Tech Acquisition Corp. II receives NYSE American noncompliance notice for late 10-K
Received NYSE American notice on April 17, 2024 for failure to timely file 2023 Form 10-K by April 16, 2024.
Athena Tech SPAC II extends deadline to Dec 2024; 910k shares redeemed in trust vote
Shareholders approved charter amendment extending business combination deadline to December 14, 2024 via up to nine monthly extensions.
Athena Technology Acquisition Corp. II terminates business combination with Air Water Ventures Ltd.
Terminated Business Combination Agreement with Air Water Ventures Ltd., effective Dec 13, 2023, through Mutual Release Agreement.
Athena Tech Acquisition II deposits $60k to extend business combination deadline to Jan 14, 2024
Deposited $60,000 into trust account for the seventh of up to nine monthly extensions.
Athena Tech SPAC II amends business combination agreement; can terminate if $30M PIPE not secured
Fourth Amendment to Business Combination Agreement with Air Water Ventures signed Sept 30, 2023.
On July 18, 2024, Randi Zuckerberg gave notice of her resignation as a member of the Board of Directors (the “Board”) of Athena Technology Acquisition Corp. II (the “Company”), and all other positions she held as a member of any committee of the Board.
The Company appointed a new Chief Financial Officer, Jennifer Calabrese, effective as of July 24, 2024, after serving as the Company’s outside consultant providing accounting and financial reporting services to the Company since September 2022.
As of the same date, Anna Apostolova stepped down as Chief Financial Officer to pursue other opportunities.
On December 8, 2022, the board of directors (the “Board”) of Athena Technology Acquisition Corp. II (the “Company”) appointed Trier Bryant to the Board.
Max materiality 0.90 · Median 0.40 · Most common event other_material