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Athena, Ace Green waive Nasdaq warrant listing term

The waiver removes certain Business Combination Agreement requirements to seek Nasdaq listing approval for the SPAC Warrants.

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Form Type
8-K

Rhea-AI Filing Summary

Athena Technology Acquisition Corp. II and Ace Green Recycling, Inc. entered into a waiver on September 24, 2026, to their Business Combination Agreement. They waived certain provisions requiring each party to cause the SPAC Warrants to be approved for listing on Nasdaq. The warrants will not meet Nasdaq’s minimum initial-listing requirement of at least 100 round lot holders who are also public holders.

Insights

Analyzing...

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Minimum holders for initial listing At least 100 round lot holders Nasdaq requirement for SPAC Warrants; holders must also be public holders
SPAC Warrants financial
"the SPAC Warrants to be approved for listing"
Business Combination Agreement technical
"waiver to the Business Combination Agreement"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
round lot holders regulatory
"at least 100 round lot holders that are also public holders"
minimum holder requirements for initial listing regulatory
"will not satisfy the minimum holder requirements for initial listing"

FAQ

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Why did ATEK and Ace Green waive the Nasdaq listing requirement for the SPAC Warrants?

The SPAC Warrants will not meet Nasdaq’s minimum holder requirements for initial listing, which require at least 100 round lot holders who are also public holders. Athena Technology Acquisition Corp. II and Ace Green Recycling, Inc. waived certain agreement provisions requiring them to cause the warrants to be approved for listing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0001882198 0001882198 2026-09-24 2026-09-24 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or Section 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 24, 2026

 

ATHENA TECHNOLOGY ACQUISITION CORP. II

(Exact name of registrant as specified in its charter)

 

Delaware   001-41144   87-2447308
(State or other jurisdiction of
incorporation or organization)
  (Commission  File Number)   (IRS Employer
Identification No.)

 

442 5th Avenue

New York, NY 10018

(Address of registrant’s principal executive offices, including zip code)

 

(970) 925-1572

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None

  

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

BCA Waiver

On September 24, 2026, Athena Technology Acquisition Corp. II, a Delaware corporation (“Athena”), and Ace Green Recycling, Inc., a Delaware corporation (“Ace Green”), entered into a waiver (the “BCA Waiver”) to the Business Combination Agreement, dated as of December 4, 2024, as amended by the First Amendment thereto, dated as of March 19, 2026, and the Second Amendment thereto, dated as of April 18, 2026 (the “BCA”). Pursuant to the BCA Waiver, Athena and Ace Green agreed to waive certain provisions of the BCA requiring each of them to cause the SPAC Warrants (as defined in the BCA) to be approved for listing on The Nasdaq Stock Market LLC (“Nasdaq”). The SPAC Warrants will not satisfy the minimum holder requirements for initial listing under Nasdaq Listing Rule 5515(a)(4), which requires warrants to have at least 100 round lot holders that are also public holders.

 

The foregoing summary of the BCA Waiver is qualified in its entirety by reference to the full text of the BCA Waiver, which is filed as Exhibit 2.1 hereto.

 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

 

This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "project," "will" and similar expressions. These forward-looking statements are based on management's current expectations and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied, including, but not limited to: (i) the risk that the business combination may not be completed in a timely manner or at all; (ii) the risk that conditions to the closing of the business combination may not be satisfied or waived; (iii) the risk that Nasdaq may not list the common stock of the surviving company following the business combination; and (iv) other risks and uncertainties described in Athena's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q and the registration statement on Form S-4.

 

Forward-looking statements speak only as of the date of this report. Except as required by law, Athena undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.   Description of Exhibits
2.1   Business Combination Agreement Waiver, dated September 24, 2026, between Athena Technology Acquisition Corp. II and Ace Green Recycling, Inc.
104   Cover Page Interactive Data File (embedded within Inline XBRL document).

 

1

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: September 29, 2026 ATHENA TECHNOLOGY ACQUISITION CORP. II
     
  By: /s/ Isabelle Freidheim
  Name:  Isabelle Freidheim
  Title: Chief Executive Officer

 

2

 

 

Filing Exhibits & Attachments

4 documents

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