Athena Technology Acquisition Corp. II
ATEK-WT
New York Stock Exchange0.04
USD
-0.01
- -
CIK
0001882198
Return %
Stock
S&P500
1Y
63.70
18.21
3Y
63.70
64.38
5Y
63.70
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Isabelle D. Freidheim
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001882198
- Similar Companies
- Business
- Athena Technology Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting the technology sector. The company offers units consisting of Class A common stock and redeemable warrants. Athena Technology Acquisition Corp. II focuses its acquisition strategy on industries such as fintech, enterprise technology, deep tech, and health-tech. It aims to leverage the operational expertise and network of its management team and advisors to identify and build value through an initial business combination. The company was founded in 2021 and is headquartered in Delaware, United States. It represents the third SPAC initiative led by Isabelle Freidheim, targeting tech-enabled efficient business models with a strong focus on scalable and technologically advanced companies. Athena Technology Acquisition Corp. II completed an initial public offering raising $250 million and has a history of focusing on strategic business combinations within its target sectors. Recent major changes include the announcement of a business combination with Ace Green Recycling, Inc., a company specializing in environmental technology, although the company received a delisting notice from NYSE American in late 2024 and plans to seek a Nasdaq listing upon the consummation of its business combination. This move represents a key strategic shift as the company transitions from a SPAC shell towards operational status through the merger. The company has also seen the cancellation of a prior acquisition attempt by Air Water Ventures Ltd, which reflects evolving strategic directions and partnerships within its acquisition pursuits. Athena Technology Acquisition Corp. II operates with a high degree of focus on identifying target companies that benefit from its management’s expertise in customer-centric, technology-driven industries, both domestically in the United States and potentially international markets. The firm delivers investor access to rapidly growing technology-enabled businesses through its merger activities and post-combination growth initiatives. In summary, Athena Technology Acquisition Corp. II is a Delaware-based SPAC targeting technology sector acquisitions in fintech, enterprise, deep tech, and health-tech, led by an experienced all-women leadership team, with recent strategic activity including a business combination with Ace Green Recycling and forthcoming listing migration to Nasdaq following NYSE delisting actions.