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Athena Consumer Acquisition Corp. (NYSE: ACAQU) is a special purpose acquisition company (SPAC) that focuses on effecting mergers, stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. Founded by Isabelle Freidheim, this all-women SPAC boasts a board and executive team comprising highly experienced professionals in various fields.
Recently, Athena Consumer Acquisition Corp. has been heavily involved in the business combination with Next.e.GO Mobile SE (“e.GO”), a German electric vehicle manufacturer known for its innovative urban electric vehicles and disruptive production solutions called MicroFactories. This transaction is expected to result in e.GO becoming publicly listed on Nasdaq under the ticker symbol
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.
Next.e.GO Mobile SE, a key player in urban electric vehicle production, will exhibit at the Hannover Messe trade fair from April 17-21, 2023, in collaboration with Microsoft at Hall 17 Booth G06. The event, focused on Industrial Transformation, will showcase e.GO's innovative MicroFactory technology aimed at decentralizing and optimizing automotive production. Demonstrations will highlight the integration of artificial intelligence and technologies like HoloLens to enhance production processes. Chairman Ali Vezvaei expressed enthusiasm about contributing to sustainable manufacturing. e.GO is also involved in a business combination agreement with Athena Consumer Acquisition Corp (ACAQ,WS,ACAQU) for a public listing, expected in Q2 2023.
Athena Consumer Acquisition Corp. (NYSE: ACAQ) announced the filing of a registration statement on Form F-4 with the SEC for a business combination with Next.e.GO Mobile SE. This follows the signing of a definitive agreement on July 28, 2022, with the transaction expected to be executed through a wholly-owned subsidiary, TopCo, which will subsequently trade as 'EGOX' on NYSE. The completion is contingent upon standard closing conditions, including stockholder approval. e.GO focuses on affordable urban electric vehicles, leveraging proprietary technologies and MicroFactories to meet growing urban mobility needs.
Next.e.GO Mobile SE has signed a memorandum of understanding (MOU) with Trafigura Pte. Ltd. to establish a long-term supply chain management agreement, focusing on the supply of aluminum and battery metals including lithium, cobalt, and copper. Commencing in
Next.e.GO Mobile SE and Athena Consumer Acquisition Corp. have announced a definitive business combination, leading to e.GO's public listing on the New York Stock Exchange under the ticker EGOX. The transaction is expected to yield gross proceeds of approximately
Athena Consumer Acquisition Corp. (ACAQ.U) announced the appointment of Sarah Kauss and Jane Park to its Board of Directors, enhancing its leadership team. Founder Isabelle Freidheim expressed confidence that their entrepreneurial backgrounds and operational expertise will strengthen the company as it seeks opportunities in consumer technology. Kauss, founder of S'well, and Park, CEO of Athena Consumer, bring significant experience in launching and growing consumer brands. The company aims to focus on mergers and acquisitions within the consumer sector.
