Form 8-K - Current report
14 September 2024 - 6:37AM
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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): September 10, 2024
ATHENA
TECHNOLOGY ACQUISITION CORP. II
(Exact name of registrant as specified in its charter)
Delaware |
|
001-41144 |
|
87-2447308 |
(State or other jurisdiction
of |
|
(Commission File Number) |
|
(IRS Employer |
incorporation or
organization) |
|
|
|
Identification No.) |
442 5th Avenue
New York, NY 10018
(Address of principal executive offices, including zip code)
(970) 925-1572
(Registrant’s telephone number, including
area code)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
Title of
each class |
|
Trading Symbols |
|
Name of each
exchange on which registered |
Units, each consisting of one share of Class A Common Stock, par value $0.0001 per share, and one-half of one Redeemable Warrant |
|
ATEK.U |
|
NYSE American |
Shares of Class A Common Stock, par value $0.0001 per share, included as part of the units |
|
ATEK |
|
NYSE American |
Redeemable Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share |
|
ATEK WS |
|
NYSE American |
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if
the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.
Item
4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On
September 10, 2024, the Audit Committee of the Board of Directors of Athena Technology Acquisition
Corp. II, a Delaware corporation (the “Company”), in consultation with management, determined that the Company’s previously
issued unaudited condensed financial statements contained in its Quarterly Report on Form 10-Q for the three months ended September 30,
2023 should no longer be relied upon because of errors. The errors primarily related to the incorrect recording and presentation of approximately
$1.5 million of funds withdrawn from the Company’s trust account established in connection with the Company’s initial public
offering (the “Trust Account”), which was restricted for payment of tax liabilities under the Company’s Amended and
Restated Certificate of Incorporation and the terms of the Company’s Investment Management Trust Agreement. The Company incorrectly
recorded the withdrawal as a component of investments held in the Trust Account when such funds should have been recorded and presented
as a component of restricted cash.
The Company
intends to present the restatement of certain affected line items of the unaudited condensed
financial statements for the three months ended September 30, 2023 to correct these errors and will include the related revised financial
statements in the Company’s forthcoming Annual Report on Form 10-K for the year ended December 31, 2023.
In
addition, the Company has evaluated the impact of the identified errors on its internal control over financial reporting and disclosure
controls and procedures. The Company will report material weaknesses in internal control over financial reporting related to this
matter and will report that its disclosure controls and procedures were ineffective. The Company has already commenced efforts to
remediate such material weaknesses. The Company will report those material weaknesses and its remediation efforts in its forthcoming Annual
Report on Form 10-K for the year ended December 31, 2023.
The Audit Committee and Company’s
management discussed the matters disclosed in this Current Report on Form 8-K pursuant to this Item 4.02 with the Company’s independent
registered public accounting firm, WithumSmith+Brown, PC.
Item 8.01 Other Events.
On
September 12, 2024, the Company caused to be deposited $25,755.62 into
the Company’s trust account allowing it to extend the period of time it has to consummate its initial business combination by one
month from September 14, 2024 to October 14, 2024 (the “Monthly Extension”). The Monthly Extension is the seventh of up to
nine potential monthly extensions permitted under the Company’s Amended and Restated Certificate of Incorporation, as amended.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
Dated: September 13, 2024
|
ATHENA TECHNOLOGY ACQUISITION CORP. II |
|
|
|
By: |
/s/ Isabelle Freidheim |
|
Name: |
Isabelle Freidheim |
|
Title: |
Chief Executive Officer |
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Document Period End Date |
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|
Entity File Number |
001-41144
|
Entity Registrant Name |
ATHENA
TECHNOLOGY ACQUISITION CORP. II
|
Entity Central Index Key |
0001882198
|
Entity Tax Identification Number |
87-2447308
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
442 5th Avenue
|
Entity Address, City or Town |
New York
|
Entity Address, State or Province |
NY
|
Entity Address, Postal Zip Code |
10018
|
City Area Code |
(970)
|
Local Phone Number |
925-1572
|
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Pre-commencement Tender Offer |
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Units, each consisting of one share of Class A Common Stock, par value $0.0001 per share, and one-half of one Redeemable Warrant |
|
Title of 12(b) Security |
Units, each consisting of one share of Class A Common Stock, par value $0.0001 per share, and one-half of one Redeemable Warrant
|
Trading Symbol |
ATEK.U
|
Security Exchange Name |
NYSEAMER
|
Shares of Class A Common Stock, par value $0.0001 per share, included as part of the units |
|
Title of 12(b) Security |
Shares of Class A Common Stock, par value $0.0001 per share, included as part of the units
|
Trading Symbol |
ATEK
|
Security Exchange Name |
NYSEAMER
|
Redeemable Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share |
|
Title of 12(b) Security |
Redeemable Warrants, each exercisable for one share of Class A Common Stock for $11.50 per share
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Trading Symbol |
ATEK WS
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Security Exchange Name |
NYSEAMER
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