Athena Consumer Acquisition Corp. Announces Special Meetings Date To Approve Proposed Business Combination With Next.e.GO Mobile SE; Special Meetings Scheduled For September 21, 2023
Portfolio Pulse from Happy Mohamed
Athena Consumer Acquisition Corp. (ACAQ) has announced special meetings for its stockholders and warrant holders on September 21, 2023, to approve the proposed business combination with Next.e.GO Mobile SE and the proposed warrant exchange. The closing of the business combination is subject to approval by ACAQ's stockholders and other customary closing conditions.

September 01, 2023 | 8:33 pm
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NEUTRAL IMPACT
Athena Consumer Acquisition Corp. (ACAQ) is planning a business combination with Next.e.GO Mobile SE, which is subject to approval by ACAQ's stockholders and warrant holders. The decision will be made in special meetings scheduled for September 21, 2023.
The news directly pertains to ACAQ as it is planning a business combination with Next.e.GO Mobile SE. The impact on the stock price will depend on the outcome of the special meetings and the reaction of the market to the proposed business combination. As the meetings are yet to take place, the short-term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100