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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.
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.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.