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Athena Consumer Acquisition Corp. - ACAQ STOCK NEWS

Welcome to our dedicated page for Athena Consumer Acquisition news (Ticker: ACAQ), a resource for investors and traders seeking the latest updates and insights on Athena Consumer Acquisition stock.

Athena Consumer Acquisition Corp. (NYSE: ACAQ) is a special purpose acquisition company (SPAC) incorporated in Delaware with the specific aim of facilitating mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. Founded by Isabelle Freidheim with Jane Park as CEO, Jennifer Carr-Smith as President, and Angy Smith as CFO, Athena is notable for its all-women leadership team, including founders, CEOs, board members, and executives across all their SPAC initiatives.

Recently, Athena has been in the spotlight for its proposed business combination with Next.e.GO Mobile SE (“e.GO”), a German manufacturer of battery electric vehicles focused on urban mobility. The collaboration aims to leverage e.GO's innovative MicroFactory production technology, which offers flexibility and reduced capital investment for vehicle manufacturing, to expand e.GO's footprint globally. More than 1,300 e.GO vehicles are already in operation, attesting to the company's growing influence in urban electric mobility.

The ongoing business combination is expected to result in a public listing on the Nasdaq Stock Market under the new ticker symbol

News

e.GO and Athena Consumer Acquisition Corp. Complete Business Combination

Rhea-AI Summary
e.GO and Athena announce completion of business combination, shares to trade on Nasdaq
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Athena Consumer Acquisition Corp. Announces Special Meeting Date to Extend the Date by Which Athena Has to Consummate a Business Combination

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Athena Consumer Acquisition Corp. has scheduled a special meeting on October 20, 2023 to approve a proposed amendment to extend the date for consummating a business combination.
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54.44%
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Athena Consumer Acquisition Corp. and Next.e.GO Mobile SE Announce Continuation of Business Combination Close Process

Rhea-AI Summary
Athena Consumer Acquisition Corp. announces that the business combination with Next.e.GO Mobile SE has not yet closed.
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13.27%
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Next.e.GO Mobile SE and Athena Consumer Acquisition Corp. Announce Athena’s Stockholders’ Approval of the Proposed Business Combination

Rhea-AI Summary
Next.e.GO Mobile SE and Athena Consumer Acquisition Corp. announced the approval of their business combination. The shares of TopCo are expected to begin trading on Nasdaq under the symbol 'EGOX'.
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Athena Consumer Acquisition Corp. to Adjourn Special Meeting of Stockholders and Special Meeting of Warrant Holders Until September 29, 2023

Rhea-AI Summary
Athena Consumer Acquisition Corp. plans to adjourn its special meetings without conducting any business. The meetings are being held to vote on the proposed business combination with Next.e.GO Mobile SE. The Business Combination is expected to close shortly after the meetings, subject to approval and other closing conditions. Stockholders and warrant holders are advised to read the definitive proxy statement/prospectus for important information.
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Athena Consumer Acquisition Corp. Announces Intention to Voluntarily Delist from NYSE American LLC and Planned Listing by Post-Combination Company on Nasdaq Upon Consummation of its Pending Business Combination with Next.e.GO Mobile SE

Rhea-AI Summary
Athena Consumer Acquisition Corp. plans to delist its Class A common stock, units, and public warrants from NYSE American upon the consummation of its business combination with Next.e.GO Mobile SE. The company will become a wholly owned subsidiary of Next.e.GO B.V., and its ordinary shares are expected to be traded on Nasdaq under the symbol 'EGOX'.
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e.GO’s Registration Statement on Form F-4 in Connection With Its Proposed Business Combination With Athena Declared Effective by the U.S. Securities and Exchange Commission

Rhea-AI Summary
The SEC has declared effective the registration statement on Form F-4 of e.GO and Athena, moving them closer to their proposed business combination. The special meetings to approve the combination and proposed warrant exchange are scheduled for September 28, 2023. e.GO aims to bring convenience, practicality, and affordability to urban e-mobility, with over 1,200 vehicles on the road. Athena believes e.GO is a disruptive company that can solve challenges in electric mobility.
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Athena Consumer Acquisition Corp. Announces Extension of Deadline to Complete Initial Business Combination

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Athena Consumer Acquisition Corp. extends the deadline for initial business combination by one month to October 22, 2023. Sponsor deposits $60,000 into trust account.
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Athena Consumer Acquisition Corp. to Adjourn Special Meeting of Stockholders and Special Meeting of Warrant Holders Until September 28, 2023

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Athena Consumer Acquisition Corp. announces adjournment of special meetings for business combination with Next.e.GO Mobile SE
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ATHENA CONSUMER ACQUISITION CORP. ANNOUNCES SPECIAL MEETINGS DATE TO APPROVE PROPOSED BUSINESS COMBINATION WITH NEXT.E.GO MOBILE SE

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Athena Consumer Acquisition Corp. schedules special meetings for September 21, 2023 to approve proposed business combination with Next.e.GO Mobile SE and warrant exchange.
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FAQ

What does Athena Consumer Acquisition Corp. do?

Athena is a special purpose acquisition company (SPAC) focused on facilitating mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with businesses or entities.

Who are the key leaders at Athena?

Athena’s key leaders include Isabelle Freidheim (Founder), Jane Park (CEO), Jennifer Carr-Smith (President), and Angy Smith (CFO).

What is the significance of Athena's all-women leadership team?

Athena is notable for having an all-women leadership team, which includes founders, CEOs, board members, and other executives, reflecting their commitment to diversity and inclusion in leadership roles.

What is the latest major development for Athena?

Athena has recently been involved in a business combination with Next.e.GO Mobile SE, a German electric vehicle manufacturer, aiming to enhance urban mobility through innovative production technology.

What is Next.e.GO Mobile SE known for?

Next.e.GO Mobile SE is known for designing and manufacturing battery electric vehicles for urban environments, utilizing disruptive MicroFactory production technology.

What are MicroFactories?

MicroFactories are innovative production facilities developed by e.GO that enable rapid and flexible manufacturing of electric vehicles with reduced capital investment.

When is the business combination between Athena and e.GO expected to complete?

The business combination is expected to be completed soon, following regulatory approvals and other closing conditions. The combined company is expected to trade on Nasdaq under the ticker symbol 'EGOX'.

How will the business combination benefit e.GO?

The business combination will provide e.GO with access to capital markets, further supporting its mission to advance urban e-mobility and global expansion.

Where will the combined company’s shares be listed?

The shares of the combined company, Next.e.GO B.V. (to be converted into an N.V. at closing), are expected to be listed on the Nasdaq Stock Market under the ticker symbol 'EGOX'.

How can I learn more about Athena and e.GO?

For more information about Athena, visit their SEC filings or contact Libbie Wilcox at Bevel PR. To learn more about e.GO and their vehicles, visit their website at www.e-go-mobile.com.

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Athena Consumer Acquisition Corp.

NYSE:ACAQ

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ACAQ Stock Data

25.69M
2.03M
52.31%
103.63%
0.24%
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