Athena Technology Acquisition Corp. II (NYSE: ATEK.U, ATEK, ATEK WS), incorporated in Delaware, is a special purpose acquisition company (“SPAC”) 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. The Company is the third SPAC founded by Isabelle Freidheim, who also serves as its Chief Executive Officer, with Kirthiga Reddy as President and Anna Apostolova as Chief Financial Officer. All three Athena SPACs have been comprised entirely of women founders, CEOs, board members and other executives.
Company profile
Ticker
ATEK, ATEK.UN
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
872447308
ATEK stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
30 Mar 23
DEFA14A
Additional proxy soliciting materials
20 Dec 22
8-K
Other Events
20 Dec 22
DEFA14A
Additional proxy soliciting materials
15 Dec 22
8-K
Athena Technology Acquisition Corp. II Announces Intent to Adjourn Special Meeting to Approve Extension Amendment Proposal
15 Dec 22
8-K
Departure of Directors or Certain Officers
9 Dec 22
DEF 14A
Definitive proxy
23 Nov 22
PRE 14A
Preliminary proxy
16 Nov 22
10-Q
2022 Q3
Quarterly report
14 Nov 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
Latest ownership filings
SC 13G/A
AQR CAPITAL MANAGEMENT LLC
14 Feb 23
SC 13G
P SCHOENFELD ASSET MANAGEMENT LP
14 Feb 23
SC 13G/A
Saba Capital Management, L.P.
14 Feb 23
SC 13G/A
ARISTEIA CAPITAL LLC
13 Feb 23
3
Trier Bryant
9 Dec 22
SC 13D/A
Athena Technology Sponsor II, LLC
18 Mar 22
SC 13G
Antara Capital LP
3 Mar 22
SC 13G/A
Vellar Opportunities Fund Master, Ltd.
14 Feb 22
SC 13G
AQR CAPITAL MANAGEMENT LLC
14 Feb 22
SC 13G
ARISTEIA CAPITAL LLC
14 Feb 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | |
|---|---|---|---|
| Revenue | |||
| Cost of revenue | |||
| Operating income | |||
| Operating margin | |||
| Net income | |||
| Net profit margin | |||
| Cash on hand | |||
| Change in cash | |||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 418.89 k | 418.89 k | 418.89 k | 418.89 k | 418.89 k | |
| Cash burn (monthly) | 32.51 k | 92.30 k | (no burn) | (no burn) | 59.45 k | |
| Cash used (since last report) | 98.78 k | 280.46 k | n/a | n/a | 180.63 k | |
| Cash remaining | 320.11 k | 138.42 k | n/a | n/a | 238.25 k | |
| Runway (months of cash) | 9.8 | 1.5 | n/a | n/a | 4.0 | |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 71 |
| Opened positions | 26 |
| Closed positions | 5 |
| Increased positions | 12 |
| Reduced positions | 12 |
| 13F shares | Current |
|---|---|
| Total value | 195.50 bn |
| Total shares | 46.52 mm |
| Total puts | 0.00 |
| Total calls | 1.05 mm |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Athena Technology Sponsor II | 9.84 mm | $0.00 |
| Saba Capital Management | 3.25 mm | $22.43 bn |
| Aristeia Capital | 2.35 mm | $16.13 bn |
| Shaolin Capital Management | 1.89 mm | $12.29 mm |
| Periscope Capital | 1.84 mm | $5.28 bn |
| P Schoenfeld Asset Management | 1.76 mm | $12.73 bn |
| CNH Partners | 1.76 mm | $8.91 bn |
| Context Capital Management | 1.38 mm | $6.06 mm |
| Magnetar Financial | 1.21 mm | $12.18 mm |
| Millennium Management | 1.16 mm | $11.77 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Dec 21 | Athena Technology Sponsor II | Class A Common Stock, par value $0.001 | Buy | Acquire P | No | No | 10 | 3,750 | 37.50 k | 953,750 |
| 28 Dec 21 | Athena Technology Sponsor II | Class B common stock Class A common stock | Other | Dispose J | No | No | 0 | 1,181,250 | 0.00 | 8,881,250 |
| 28 Dec 21 | Isabelle D. Freidheim | Class A Common Stock, par value $0.001 | Buy | Acquire P | Yes | No | 10 | 3,750 | 37.50 k | 953,750 |
| 28 Dec 21 | Isabelle D. Freidheim | Class B common stock Class A common stock | Other | Dispose J | Yes | No | 0 | 1,181,250 | 0.00 | 8,881,250 |