Corporate ActionJun 12, 2026, 04:12 PM
Athena Technology II Extends Business Combination Deadline to March 2027
AI Summary
Athena Technology Acquisition Corp. II stockholders approved an amendment to its Certificate of Incorporation, extending the deadline to complete a business combination from June 14, 2026, to March 14, 2027. This extension can occur monthly, up to nine times, contingent on the sponsor depositing funds into the trust account. The company has already made the first deposit of $271.48, extending the deadline to July 14, 2026. Following the vote, 11,313 shares were redeemed for a total of $138,565.10, or approximately $12.25 per share.
Key Highlights
- Stockholders approved an amendment to extend the business combination deadline.
- Deadline extended from June 14, 2026, to March 14, 2027, via up to nine monthly extensions.
- Sponsor to deposit $25,000 or $0.02 per unredeemed share for each monthly extension.
- First monthly extension deposit of $271.48 made, extending deadline to July 14, 2026.
- 9,835,330 shares voted for the amendment, with 0 against and 0 abstained.
- 11,313 shares were redeemed for $138,565.10, approximately $12.25 per share.
Price Impact
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