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Athena Consumer Acquisition Corp. (NYSE American: ACAQ.U, ACAQ, ACAQ WS) is a special purpose acquisition company (SPAC) incorporated in Delaware. The company is focused on executing mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with various businesses or entities. Established by Isabelle Freidheim, Athena is managed by Jane Park as CEO, Jennifer Carr-Smith as President, and Angy Smith as CFO. Notably, all three Athena SPACs have been founded and led solely by women, including the board members and other executives.
Recently, Athena has been engaged in extending the deadline for consummating its initial business combination. The company has moved the Deadline Date several times, with the latest extension pushing it to July 22, 2023. These extensions were supported by consistent contributions from its sponsor, Athena Consumer Acquisition Sponsor LLC, to the trust account to ensure liquidity and security for investors. During this period, Athena has continued to invest assets held in its trust account in U.S. government securities and money market funds.
In its most significant development, Athena announced a proposed business combination with Next.e.GO Mobile SE, an electric vehicle manufacturer based in Germany, focused on urban mobility. Known for its proprietary MicroFactories and eco-friendly solutions, e.GO continues to revolutionize transportation. This merger aims to make a substantial impact on urban mobility by promoting clean and convenient solutions. Athena's stockholders are set to vote on this business combination at a special meeting, the date of which will be confirmed once the SEC declares the registration statement effective.
Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQ WS) announced an extension of its initial business combination deadline to May 22, 2023. This marks the fourth extension, with the sponsor contributing $112,691.48 to the trust account to support the decision. Athena's Charter allows for a total of six one-month extensions, with prior extensions granted in January, February, and March 2023. The purpose of this extension is to provide more time for Athena to complete its merger or business combination.
Athena, founded by Isabelle Freidheim, is a special purpose acquisition company (SPAC) aimed at various business combination opportunities, led by a diverse executive team.
Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQ WS) announced an extension of its initial business combination deadline from March 22, 2023, to April 22, 2023. The extension is the third of six possible one-month extensions available to Athena under its charter. The sponsor, Athena Consumer Acquisition Sponsor LLC, contributed $112,691.48 to the trust account to facilitate this extension. This move aims to provide additional time for Athena to complete a merger or similar business combination, as previously extended deadlines were set in January and February.
Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQ WS) has announced an extension for its initial business combination deadline from February 22, 2023, to March 22, 2023. This decision was made by the Board of Directors, with the sponsor, Athena Consumer Acquisition Sponsor LLC, depositing $112,691.48 into Athena’s trust account to facilitate this extension. Athena's charter allows for up to six one-month extensions, with this being the second. The extension aims to provide additional time for Athena to finalize its planned acquisition, following a previous extension implemented in January 2023.
Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQWS) announced its transfer from the NYSE to NYSE American, effective February 14, 2023. This decision follows recent redemptions of its Class A common stock related to extending the deadline for its initial business combination. Athena has received clearance for its listing application and will continue to file periodic reports with the SEC. The company, a special purpose acquisition corporation founded by women leaders, aims to engage in various business combinations.
Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQ WS) announced the deposit of $112,691.48 into its trust account to extend its initial business combination deadline to February 22, 2023. This extension, approved by the board on January 17, allows for one of six potential one-month extensions. Athena, a special purpose acquisition company, aims to merge with or acquire other businesses. Founded by women executives, Athena is the second SPAC established by Isabelle Freidheim, with Jane Park as CEO.
Athena Consumer Acquisition Corp. (NYSE: ACAQ.U, ACAQ, ACAQ WS) has announced an extension of its deadline for consummating an initial business combination from January 22, 2023, to February 22, 2023. This decision follows stockholder approval for extending the deadline up to six times for a month each. The sponsor, Athena Consumer Acquisition Sponsor LLC, will contribute $112,691.48 to the trust account as part of the extension, as detailed in a promissory note of $676,148.88 issued to the sponsor. This extension aims to facilitate the completion of a business combination, allowing more time for strategic planning.
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