Air Water Ventures Ltd. to Go Public via Business Combination with Athena Technology Acquisition Corp. II
April 20, 2023
Air Water Ventures Ltd. entered a definitive agreement to combine with publicly listed SPAC Athena Technology Acquisition Corp. II, creating The Air Water Company. The business combination values Air Water Ventures at a $300 million pre-money equity value and is expected to close in the first quarter of 2024, pending Athena Technology II stockholder approval and regulatory approvals.
- Buyers
- Athena Technology Acquisition Corp. II
- Targets
- Air Water Ventures Ltd.
- Industry
- Infrastructure
- Location
- Abu Dhabi, United Arab Emirates
- Transaction Type
- Buyout
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