Athena Technology Acquisition priced its IPO of 25 million units at $10 each.
Units start trading today on the NYSE under ATHN.U. Each consists of one share of Class A common stock and one-third of one warrant; whole warrants are exercvisable for a share at $11.50. Once the securities constituting the units begin separate trading, stock and warrants will list under ATHN and ATHN WS, respectively.
The SPAC intends to concentrate on businesses in technology, direct to consumer and fintech industries. Read more.