Next.e.GO Mobile SE, an Innovative Producer of Urban Electric Vehicles, Announces Virtual Analyst & Investor Day to Be Held April 27, 2023
Next.e.GO Mobile SE, an urban electric vehicle manufacturer, announced a Virtual Analyst & Investor Day on April 27, 2023 at 9:00 a.m. ET. This event aims to share the company's strategy and operations with investors and analysts. Key presentations will be made by senior management, including Chairman Ali Vezvaei and CFO Eelco van der Leij. The event follows e.GO's agreement to merge with Athena Consumer Acquisition Corp. (ACAQ), which will lead to e.GO’s public listing under the new ticker symbol “EGOX”. e.GO focuses on affordable electric vehicles using innovative production technology. The completion of the merger is anticipated in early 2023, contingent on customary closing conditions.
- Upcoming Virtual Analyst & Investor Day on April 27, 2023, providing insights into strategy and operations.
- Merger agreement with Athena Consumer Acquisition Corp. expected to facilitate public listing and increase visibility.
- Innovative production technology using low-cost MicroFactories.
- Focus on affordability in electric urban mobility, addressing growing market demand.
- Completion of the merger is subject to customary closing conditions, introducing uncertainty.
- Potential risks related to market adoption of electric vehicles and competition in the automotive sector.
- Dependence on proceeds from the business combination for operational sustainability.
The event will provide investors and analysts with an opportunity to hear from e.GO’s senior management and business leaders about its strategy and operations. The live broadcast of the Virtual Analyst & Investor Day will be available via e-go-mobile.com/en/investors and a recording will be available at that URL shortly after the live presentation.
The Virtual Analyst & Investor Day will include presentations from a number of e.GO’s senior management team, including:
- Ali Vezvaei, Chairman of the Board of e.GO
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Eelco van der Leij , Chief Financial Officer of e.GO -
Stefan Rudolf , Chief Technology Officer of e.GO -
Isabelle Freidheim , Chairman ofAthena Consumer Acquisition Corp.
e.GO previously announced an agreement for a business combination with
About e.GO
Headquartered in
As announced on
About
Athena is a special purpose acquisition company (“SPAC”). Athena is the second SPAC founded by
Forward Looking Statements
This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Athena, e.GO, and TopCo’s expectations with respect to future performance and anticipated financial impacts of the Business Combination, the satisfaction of the closing conditions to the Business Combination, the level of redemptions by Athena’s public stockholders, the timing of the completion of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified herein, and on the current expectations of Athena, e.GO, and TopCo’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Athena, e.GO, and TopCo.
These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the inability of the parties to successfully or timely consummate the proposed Business Combination, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed Business Combination or that the approval of the stockholders of Athena or e.GO is not obtained; (iii) failure to realize the anticipated benefits of the proposed Business Combination; (iv) risks relating to the uncertainty of the projected financial information with respect to e.GO; (v) the outcome of any legal proceedings that may be instituted against Athena and/or e.GO following the announcement of the Business Combination; (vi) future global, regional or local economic and market conditions; (vii) the development, effects and enforcement of laws and regulations; (viii) e.GO’s ability to grow and achieve its business objectives; (ix) the effects of competition on e.GO’s future business; (x) the amount of redemption requests made by Athena’s public stockholders; (xi) the ability of Athena or the combined company to issue equity or equity-linked securities in the future; (xii) the ability of e.GO and Athena to raise interim financing in connection with the Business Combination, including to secure an e.GO IP-backed note; (xiii) the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; (xiv) the risk that the proposed Business Combination disrupts current plans and operations as a result of the announcement and consummation, (xv) costs related to the Business Combination, (xvi) the impact of the global COVID-19 pandemic and (xvi) those factors discussed below under the heading “Risk Factors” and in the documents filed, or to be filed, by Athena and Topco with the
There may be additional risks that neither e.GO nor Athena presently know or that e.GO and Athena currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect e.GO’s and Athena’s expectations, plans or forecasts of future events and views as of the date of this communication. e.GO and Athena anticipate that subsequent events and developments will cause e.GO’s and Athena’s assessments to change. However, while e.GO and Athena may elect to update these forward-looking statements at some point in the future, e.GO and Athena specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing e.GO’s and Athena’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
No Offer or Solicitation
This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an applicable exemption from the registration requirements thereof.
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Next.e.GO Mobile SE
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For Investors:
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Source: Next.e.GO Mobile SE
FAQ
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