STOCK TITAN

Athena Technology II (ATEKW) wins shareholder approval to extend deal deadline

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Athena Technology Acquisition Corp. II obtained stockholder approval to amend its charter and extend the deadline to complete a business combination from September 14, 2025 to as late as June 14, 2026 through up to nine one-month extensions. Each extension requires the sponsor or its designees to deposit the lesser of $25,000 or $0.02 per redeemable Class A share into the SPAC trust account.

At the extension meeting, holders of 10,081,190 Class A shares, or 99.36% of those entitled to vote, were present, and the charter amendment passed with 10,081,170 votes in favor. Stockholders redeemed 285,269 Class A shares for a total of $3,335,294.38, or about $11.69 per share, reducing the cash in the trust. On September 12, 2025, the company deposited $497.74 into the trust to fund the first one-month extension to October 14, 2025.

Positive

  • None.

Negative

  • None.

Insights

Charter change extends Athena Technology II’s SPAC life with modest redemptions.

The company’s charter now permits up to nine one-month extensions of its business combination deadline, moving the potential outside date from September 14, 2025 to as late as June 14, 2026. Each monthly extension requires a sponsor-funded deposit tied to either a flat $25,000 or $0.02 per remaining redeemable Class A share, aligning extension flexibility with sponsor support.

Shareholder participation was very high, with 10,081,190 Class A shares, or 99.36% of those entitled to vote, represented and overwhelmingly supporting the amendment. Redemptions of 285,269 Class A shares for $3,335,294.38 reduce trust cash but appear limited relative to the 10,145,156 Class A shares outstanding as of the record date. On September 12, 2025, the sponsor funded the first extension via a $497.74 deposit, starting the new monthly-extension framework in practice.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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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 10, 2025

 

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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

As approved by the stockholders of Athena Technology Acquisition Corp. II, a Delaware corporation (the “Company”), at its special meeting of stockholders held on September 10, 2025 (the “Extension Special Meeting”), the Company filed an amendment to its Amended and Restated Certificate of Incorporation, as amended (the “Charter”), with the Secretary of State of the State of Delaware (the “Amendment”). The Amendment extends the date by which the Company must consummate a business combination on a monthly basis for up to nine times by an additional one month each time for a total of up to nine months from September 14, 2025 to June 14, 2026 provided that Athena Technology Sponsor II, LLC or its affiliates or permitted designees will deposit into the trust account established by the Company in connection with the Company’s initial public offering of units of Class A common stock, par value $0.0001 per share (“Class A Common Stock”) and warrants to purchase shares of Class A Common Stock the lesser of (a) $25,000 and (b) $0.02 for each share of Class A Common Stock issued and outstanding that is subject to redemption and that has not been redeemed in accordance with the terms of the Charter upon the election of each such one-month extension unless the closing of the Company’s initial business combination shall have occurred.

 

The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, a copy of which is attached as Exhibit 3.1 hereto and is incorporated herein by reference.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On September 10, 2025, the Company held the Extension Special Meeting virtually via live webcast. As of the close of business on August 21, 2025, the record date for the Extension Special Meeting, there were 10,145,156 shares of Class A Common Stock outstanding, each of which was entitled to one vote per share with respect to the proposals brought before the Extension Special Meeting. A total of 10,081,190 shares of Class A Common Stock, representing 99.36% of the outstanding shares of Class A Common Stock entitled to vote at the Extension Special Meeting, were present in person or by proxy, constituting a quorum. The following are the voting results for the proposals considered and voted upon at the Extension Special Meeting, each of which is more fully described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on August 28, 2025.

 

Proposal 1 — Approval to amend the Charter to extend the date by which the Company must consummate a business combination from September 14, 2025 to up to June 14, 2026, subject to certain requirements.

 

Votes For   Votes Against   Votes Abstained   Broker Non-Votes
10,081,170   20   0   0

 

Based on the foregoing votes, the stockholders approved the Amendment to the Charter.

 

Stockholders holding 285,269 shares of Class A Common Stock exercised their right to redeem such shares for a pro rata portion of the funds in the trust account. As a result, $3,335,294.38 (approximately $11.69 per share) will be withdrawn from the trust account to pay such redeeming holders.

 

Item 8.01. Other Events.

 

On September 12, 2025, the Company caused to be deposited $497.74 into the trust account allowing the Company to extend the period of time it has to consummate its initial business combination by one month from September 14, 2025 to October 14, 2025 (the “Monthly Extension”). The Monthly Extension is the first of up to nine potential monthly extensions permitted under the Company’s Charter, as amended by the Amendment described under Item 5.03 above.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description of Exhibits
3.1   Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company, as amended.
104   Cover Page Interactive Data File (embedded within Inline XBRL document).

 

1

 

SIGNATURE

 

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

 

Dated: September 12, 2025 ATHENA TECHNOLOGY ACQUISITION CORP. II
     
  By: /s/ Isabelle Freidheim
  Name:   Isabelle Freidheim
  Title: Chief Executive Officer

 

 

2

 

FAQ

What did Athena Technology Acquisition Corp. II (ATEKW) change in its charter?

The charter was amended to allow the company to extend the deadline to complete a business combination on a monthly basis up to nine times, moving the potential final date from September 14, 2025 to as late as June 14, 2026, subject to sponsor-funded deposits into the trust account for each extension.

How much must the Athena Technology II sponsor deposit for each monthly extension?

For each one-month extension, Athena Technology Sponsor II, LLC or its affiliates or designees must deposit into the trust account the lesser of $25,000 and $0.02 for each outstanding Class A Common Stock share that is subject to redemption and not redeemed.

What were the shareholder voting results on the Athena Technology II extension proposal?

For the proposal to extend the business combination deadline, 10,081,170 votes were cast in favor, 20 votes were cast against, and there were no abstentions or broker non-votes. This approved the charter amendment supporting the extension framework.

How many Athena Technology II shares were redeemed and for how much cash?

Stockholders redeemed 285,269 shares of Class A Common Stock. A total of $3,335,294.38, or approximately $11.69 per redeemed share, will be withdrawn from the trust account to pay these redeeming stockholders.

What immediate extension action did Athena Technology II take after the vote?

On September 12, 2025, the company deposited $497.74 into its trust account, enabling a one-month extension of the business combination deadline from September 14, 2025 to October 14, 2025. This is the first of up to nine possible monthly extensions allowed under the amended charter.

How many Athena Technology II Class A shares were outstanding for the extension vote?

As of the record date of August 21, 2025, there were 10,145,156 shares of Class A Common Stock outstanding, each entitled to one vote on the proposals at the Extension Special Meeting.