Athena Consumer Acquisition Corp.

Athena Consumer Acquisition Corp. is a blank-check company (SPAC) that raised $200M in its initial public offering on Oct 21, 2021, listing on New York Stock Exchange. It completed its business combination with Next.e.GO Mobile SE on Oct 19, 2023; the combined company is Next.e.GO B.V. (TopCo). Reed Smith advised the SPAC and A&O Shearman advised the underwriters on the IPO.

Next.e.GO Mobile SE is a German electric vehicle producer making urban vehicles aimed at affordability and practicality. It builds them in a low-capex MicroFactory in Germany, has put over 1,000 vehicles on the road, and planned a second MicroFactory.

Status

Merger completed

IPO date

Oct 21, 2021

IPO size

$200M

IPO exchange

New York Stock Exchange

Target

Next.e.GO Mobile SE (e.GO)

Announced

Jul 28, 2022

Closed

Oct 19, 2023

Combined company

Next.e.GO B.V. (TopCo)

SPAC counsel (IPO)

Reed Smith

Underwriters' counsel (IPO)

A&O Shearman