NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Athena Consumer
Acquisition Corp. (NYSE: ACAQ.U) (the "Company") announced today
that, commencing December 10, 2021,
holders of the 23,000,000 units sold in the Company's initial
public offering may elect to separately trade the Company's Class A
common stock and warrants included in the units. Shares of Class A
common stock and warrants that are separated will trade on the New
York Stock Exchange under the symbols "ACAQ" and "ACAQWS,"
respectively. No fractional warrants will be issued upon separation
of the units and only whole warrants will trade. Those units not
separated will continue to trade under the New York Stock Exchange
symbol "ACAQ.U." Holders of units will need to have their brokers
contact Continental Stock Transfer & Trust Company, the
Company's transfer agent, in order to separate the units into
shares of Class A common stock and warrants.
Athena Consumer is the second all-women Athena SPAC founded by
Freidheim following Athena Technology Acquisition Corp., which was
the first all-women SPAC to announce a business combination.
The Company was formed for the purpose of effecting a merger,
capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses. While the Company may pursue an initial business
combination target in any industry, it currently intends to
concentrate its search for a target business operating in the
technology and consumer sectors. The Company has not selected any
specific business combination target.
Citigroup Global Markets Inc. ("Citigroup") served as sole
bookrunner and representative of the underwriters, and
Ladenburg Thalmann & Co. Inc. acted as co-manager of the
offering.
The offering was made only by means of a prospectus, copies
of which may be obtained by contacting Citigroup, Attention
Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY, 11717, or by phone
at 800-831-9146.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission
("SEC") on October 19, 2021. This
press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or
jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering, the anticipated use of the net proceeds and search
for an initial business combination. No assurance can be given that
the offering discussed above will be completed on the terms
described, or at all, or that the net proceeds of the offering will
be used as indicated. Forward-looking statements are subject to
numerous conditions, many of which are beyond the control of the
Company, including those set forth in the "Risk Factors" section of
the Company's registration statement for the Company's initial
public offering filed with the SEC. Copies are available on the
SEC's website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Contacts
Isabelle Freidheim
Chairman of the Board
Jane Park
Chief Executive Officer
c/o Athena Consumer Acquisition Corp.
442 5th Avenue
New York, NY 10018
Telephone: (970) 925-1572
Media Contact
Jacalyn Lawton
Lambert & Co.
Mobile: (918) 916-1905
Email: athena@lambert.com
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SOURCE Athena Consumer Acquisition Corp.