Athena Technology Acquisition Corp - Ordinary Shares - Class A

NYSE:ATHN   11:43:49 AM EDT
9.87
-0.03 (-0.30%)
Debt Financing / Related, Exchange Changes, Other Pre-Announcement

Athena Technology Acquisition Corp. Announces Business Combination With Heliogen, Inc., A Leading Provider Of Ai-Enabled Concentrated Solar Energy Combined Company Expected To Be Listed On New Y

Published: 07/07/2021 10:42 GMT
Athena Technology Acquisition Corp - Ordinary Shares - Class A (ATHN) - Athena Technology Acquisition Corp.
Announces Business Combination With Heliogen, Inc., a Leading Provider of Ai-enabled Concentrated Solar Energy; Combined Company Expected to Be Listed on New York Stock Exchange.
Athena Technology Acquisition Corp - Transaction Implies Pro Forma Enterprise Value of Combined Company of $2 Billion.
Athena Technology Acquisition Corp - Deal Estimated to Provide Gross Proceeds at Closing of Up to Approximately $415 Million to Combined Company.
Athena Technology Acquisition - Athena Expects to Be Renamed "heliogen, Inc." and Will Remain Listed on Nyse Under New Ticker Symbol "hlgn".
Athena Technology Acquisition Corp - Heliogen's Leadership Will Remain Intact Immediately After Closing.
Athena Technology Acquisition Corp - Bill Gross to Continue As Chief Executive Officer of Combined Company.
Athena Technology Acquisition Corp - Gross Proceeds From Deal Include$165 Million Fully-committed Class A Common Stock Pipe.
Athena Technology Acquisition Corp - Pipe Included Funds & Accounts Managed by Counterpoint Global (morgan Stanley), Salient Partners, Saba Capital.