Athena Technology Acquisition Corp. II (ATEKW) Warrant
Each ATEKW warrant gives the holder the right to buy 1 share of Athena Technology Acquisition Corp. II at $11.50 per share, for five years after the company completes its merger. Athena Technology Acquisition Corp. II is a SPAC (shareholder vote scheduled with Ace Green Recycling, Inc.). It must complete a deal by October 14, 2026 or the warrants expire worthless. There are 12.69M listed warrants; exercising all of them would add 128.8% to the 9.85M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- —
From the issuer's S-4/A (2025-10-27).
Company and stock
- Company
- Athena Technology Acquisition Corp. II
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 9.85M
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether ATEKW is cheap or rich against our model.
Dilution
- Shares outstanding
- 9.85M
- Listed warrants
- 12.69M
- Dilution if all exercised
- 128.8%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- shareholder vote scheduled
- Target
- Ace Green Recycling, Inc.
- Deal announced
- 2024-12-04
- Deadline
- 2026-10-14
- Latest possible deadline
- 2027-03-14
- Trust per share
- $14.67
- Sponsor
- Athena Technology Sponsor II LLC
- Sponsor's earlier SPACs
- 2 (1 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about ATEKW
When does the ATEKW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of ATEKW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many ATEKW warrants are outstanding?
12.69M listed warrants, equal to 128.8% dilution if all are exercised.