Athena Technology Acquisition Corp. II

Athena Technology Acquisition Corp. II

ATEK
Athena Technology Acquisition Corp. IIUS flagOther OTC
9.50
USD
- -
- -
93.67MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
0.04
0.06
-0.24
-0.13
-0.1
Free Cash Flow per Basic Share
- -
-0.03
-0.04
-0.26
-0.08
-0.09
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
7.11
0.43
-1.3
-1.69
-1.75
Tangible Book Value per Share
- -
7.11
0.44
-1.3
-1.66
-1.71
Basic Weighted Avg Shares
- -
35
22
11
10
10
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
1
1
-3
-1
-1
Effective Tax Rate (%)
- -
33.55
37.99
- -
- -
0.29
Profit Margin (%)
- -
- -
- -
- -
- -
- -
Working Capital
1
-1
-6
-9
-8
-8
LT Debt
- -
- -
- -
- -
- -
- -
Total Equity
249
250
10
-15
-17
-17
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
0.58
1.12
- -
- -
24.86
Return on Common Equity (%)
- -
0.58
1.03
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
91
91
90

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
1
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
9
9
9
Payables & Accruals
7
7
7
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
14.33%
Free Cash Flow
- -
- -
-71.55%
Net Income, GAAP
- -
- -
-52.01%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-0.02
-0.03
- -
-0.24
2025
-0.08
-0.07
0.05
- -
-0.13
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Isabelle D. Freidheim
Full Time Employees
3
Sector
Financial Services
Industry
Shell Companies
Address
442 5th Avenue New York City NY United States of America 10018
IPO Date
Jan 28, 2022
Business
Athena Technology Acquisition Corp. II (ATEK) is a blank check company with no significant current operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in the fintech, enterprise, deep tech, and health-tech industries; it offers no products or services beyond this acquisition mandate. Incorporated in 2021 and headquartered in New York, New York, the company operates in the United States and pursues targets with technology-enabled business models, including artificial intelligence, machine learning, cloud computing, cybersecurity, and sustainability sectors. Led by Founder, Chief Executive Officer and Chairman Isabelle D. Freidheim, President Kirthiga Reddy, and Chief Financial Officer Jennifer Rosario Calabrese, Athena Technology Acquisition Corp. II raised $250 million in its initial public offering of 25 million units in December 2021, which began trading on the NYSE under ticker ATEK.U. In December 2024, the company entered into a definitive business combination agreement with Ace Green Recycling, Inc., a sustainable battery recycling technology provider specializing in zero-emission processes for lead-acid and lithium-ion batteries, valuing Ace at $250 million with an expected closing in the first half of 2025; Ace has secured a 15-year offtake agreement with Glencore and operates commercial facilities. Earlier, in August 2023, Athena announced a business combination with Air Water Ventures Ltd., a direct air-to-water technology developer, to form The Air Water Company, though updates indicate no completion as of late 2025. In December 2024, the company received a NYSE American delisting notice for failing to complete a business combination within the 36-month post-IPO period, suspending trading of its Class A common stock, units, and warrants, while planning a potential Nasdaq listing and continuing pursuit of the Ace Green transaction; it filed a notification of late Form 10-Q for the quarter ended September 30, 2025.

Company News

APIChat
  • Athena Technology Acquisition Corp. II Receives Commencement of Delisting Notice from NYSE American

  • Ace Green Recycling, a Global Leader in Battery Recycling Technology, to Become a Public Company

  • Athena Technology Acquisition Corp. II Announces Receipt of Notice of Non-Compliance with NYSE American Continued Listing Requirements

  • Athena Technology Acquisition Corp. II Announces Receipt of Audit Opinion with Going Concern Explanation

  • Athena Technology Acquisition Corp. II Announces Receipt of Notice of Non-Compliance with NYSE American Continued Listing Requirements

  • Athena Technology Acquisition Corp. II Announces Transfer of Listed Securities to the NYSE American