NEW YORK–(BUSINESS WIRE)–Athena Expertise Acquisition Corp. (the “Firm”) introduced the pricing of its preliminary public providing of 25,000,000 items at $10.00 per unit. The items might be listed on the New York Inventory Alternate (the “NYSE”) beneath the image “ATHN.U” commencing on March 17, 2021. Every unit consists of 1 share of the Firm’s Class A standard inventory and one-third of 1 warrant, every entire warrant entitling the holder thereof to buy one share of the Firm’s Class A standard inventory at an train value of $11.50 per share. As soon as the securities constituting the items start separate buying and selling, we count on that the Class A standard inventory and warrants might be listed on the NYSE beneath the symbols “ATHN” and “ATHN WS,” respectively.
The Firm is a clean verify firm whose enterprise objective is to impact a merger, capital inventory alternate, asset acquisition, inventory buy, reorganization or comparable enterprise mixture with a number of companies, which we confer with as our preliminary enterprise mixture. Whereas the Firm could pursue an preliminary enterprise mixture goal in any business, it presently intends to focus its efforts figuring out companies in know-how, direct to client and fintech industries.
Citigroup World Markets Inc. (“Citigroup”) is appearing as sole bookrunner and consultant of the underwriters and CastleOak Securities, L.P. and Siebert Williams Shank & Co., LLC are appearing as co-managers of the providing. The Firm has granted the underwriters a 45-day choice to buy as much as 3,750,000 further items on the preliminary public providing value to cowl over-allotments, if any.
This providing will solely be made by way of a prospectus. Copies of the preliminary prospectus regarding the providing and ultimate prospectus, when out there, could also be obtained from Citigroup, c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, New York 11717 or by phone at (800) 831-9146.
A registration assertion relating to those securities has been declared efficient by the U.S. Securities and Alternate Fee (the “SEC”). This press launch shall not represent a proposal to promote or the solicitation of a proposal to purchase, nor shall there be any sale of those securities in any State or jurisdiction during which such a proposal, solicitation or sale can be illegal previous to registration or qualification beneath the securities legal guidelines of any such State or jurisdiction.
This press launch comprises statements that represent “forward-looking statements,” together with with respect to the proposed preliminary public providing and the anticipated use of the online proceeds. No assurance might be provided that the providing mentioned above might be accomplished on the phrases described, or in any respect, or that the online proceeds of the providing might be used as indicated. Ahead-looking statements are topic to quite a few situations, lots of that are past the management of the Firm, together with these set forth within the Threat Elements part of the Firm’s registration assertion and preliminary prospectus for the Firm’s providing filed with the SEC. Copies can be found on the SEC’s web site, www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by regulation.