Athena Technology Acquisition Corp. II Announces Receipt of Notice of Non-Compliance with NYSE American Continued Listing Requirements
25 Novembro 2024 - 6:05PM
Business Wire
Athena Technology Acquisition Corp. II (NYSE American: ATEK.U,
ATEK, ATEK WS) (“ATEK” or the “Company”) received an official
notice of noncompliance (the “NYSE American Notice”) from NYSE
Regulation (“NYSE”) stating that the Company is not in compliance
with NYSE American continued listing standards due to the failure
to timely file the Company’s Form 10-Q for the quarter ended
September 30, 2024 (the “Delinquent Report”) by the filing due date
of November 19, 2024 (the “Filing Delinquency”).
The Company intends to file the Delinquent Report in the near
future, however, there is currently no anticipated date for when
such Filing Delinquency will be cured via the filing of the
Delinquent Report. The Company expects, however, to regain
compliance with the NYSE American continued listing standards once
the Delinquent Report has been filed. In the interim, the NYSE
American Notice has no immediate effect on the listing or trading
of the Company’s Class A common stock listed on NYSE American.
There can be no assurance that the Company will ultimately regain
and remain in compliance with all applicable NYSE American listing
standards.
About Athena Technology Acquisition Corp. II
Athena Technology Acquisition Corp. II (NYSE American: ATEK.U,
ATEK, ATEK WS), incorporated in Delaware, is a special purpose
acquisition company incorporated for the purpose of effecting a
merger, capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses or entities. ATEK is the third SPAC founded by Isabelle
Freidheim, who also serves as its Chief Executive Officer, with
Kirthiga Reddy as President and Jennifer Calabrese as Chief
Financial Officer.
Forward-Looking Statements
Certain statements made in this press release are not historical
facts but may be considered “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933, as amended
(the “Securities Act”), Section 21E of the Securities Exchange Act
of 1934, as amended, and the “safe harbor” provisions under the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as “believe,”
“may,” “will,” “estimate,” “continue,” “anticipate,” “intend,”
“expect,” “should,” “would,” “plan,” “predict,” “potential,”
“seem,” “seek,” “future,” “outlook,” “intend,” or continue or the
negatives of these terms or variations of them or similar
terminology or expressions that predict or indicate future events
or trends or that are not statements of historical matters.
These statements are based on the current expectations of the
Company’s management and are not predictions of actual performance.
Such statements may include, but are not limited to, statements
regarding the Company’s plan to file the Delinquent Report within
the provided cure period to regain compliance with the NYSE
American continued listing standards. These forward-looking
statements are provided for illustrative purposes only and are not
intended to serve as, and must not be relied on, by any investor as
a guarantee, an assurance, a prediction or a definitive statement
of fact or probability. Actual events and circumstances are
difficult or impossible to predict and will differ from
assumptions. Many actual events and circumstances are beyond the
control of the Company. These statements are subject to a number of
risks and uncertainties, and actual results may differ materially.
These risks and uncertainties include, but are not limited to: the
Company’s ability to file the Delinquent Report within the Initial
Cure Period to regain compliance with the NYSE American continued
listing standards; general economic, political and business
conditions; the number of redemption requests made by the Company’s
stockholders in connection with a potential business combination;
the outcome of any legal proceedings that may be instituted against
the Company; the risk that the approval of the Company’s
stockholders for a potential transaction is not obtained;
expectations related to the terms and timing of a potential
business combination; failure to realize the anticipated benefits
of a business combination; the risk that a business combination may
not be completed by the Company’s business combination deadline and
the potential failure to obtain an extension of its business
combination deadline in the Company’s upcoming Annual Meeting of
Stockholders; costs related to a business combination; and other
risks that will be detailed from time to time in filings with the
SEC, including those risks discussed under the heading “Risk
Factors” in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2023 filed with the SEC on September 27, 2024
and in subsequently filed Quarterly Reports on Form 10-Q. The
foregoing list of risk factors is not exhaustive. There may be
additional risks that could also cause actual results to differ
from those contained in these forward-looking statements. In
addition, forward-looking statements provide the Company’s
expectations, plans or forecasts of future events and views as of
the date of this press release. And while the Company may elect to
update these forward-looking statements in the future, the Company
specifically disclaims any obligation to do so, except as required
by law. These forward-looking statements should not be relied upon
as representing the Company’s assessments as of any date subsequent
to the date of this press release. Accordingly, undue reliance
should not be placed upon the forward-looking statements. Nothing
herein should be regarded as a representation by any person that
the forward-looking statements set forth herein will be achieved or
that the results of such forward-looking statements will be
achieved.
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