Welcome to our dedicated page for ATHN.U news (Ticker: ATHN.U), a resource for investors and traders seeking the latest updates and insights on ATHN.U stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ATHN.U's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ATHN.U's position in the market.
Athena Technology Acquisition Corp. has successfully closed its initial public offering (IPO), raising $250 million through the sale of 25,000,000 units at $10.00 each. The units are listed on the NYSE under the symbol ATHN.U. Each unit comprises one share of Class A common stock and one-third of a warrant, exercisable at $11.50 per share. The Company aims to pursue mergers or acquisitions primarily in the technology, direct-to-consumer, and fintech sectors. Citigroup acted as the sole bookrunner for the offering, which includes a 45-day option for underwriters to purchase additional units.
Athena Technology Acquisition Corp. has priced its initial public offering of 25,000,000 units at $10.00 per unit, set to list on the NYSE under the symbol ATHN.U from March 17, 2021. Each unit includes one share of Class A common stock and one-third of a warrant, with a full warrant allowing purchase of one share at an exercise price of $11.50. The Company, a blank check firm, aims to engage in business combinations within the technology, direct-to-consumer, and fintech sectors. Citigroup leads the underwriting, with the option for over-allotments.
