Athena Technology Acquisition Corp. to Combine with Heliogen

Zeo Energy Corp Acquires Heliogen, Inc.

August 12, 2025

Renewable Energy

Zeo Energy Corp (Nasdaq: ZEO) completed its acquisition of Heliogen, Inc., combining Zeo’s residential solar and storage footprint with Heliogen’s concentrated solar and long-duration energy storage technology to create an integrated clean energy platform across residential, commercial, and utility markets. The merger closed on August 8, 2025; Pickering Energy Partners served as financial advisor to Heliogen during the strategic process.

Sunlight Financial Completes Business Combination with Spartan Acquisition Corp. II

July 9, 2021

Payments & Fintech

Sunlight Financial closed its previously announced business combination with Spartan Acquisition Corp. II, creating Sunlight Financial Holdings Inc., which will begin trading on the NYSE under the ticker SUNL. The transaction was supported by Spartan's cash-in-trust and a $250 million PIPE from institutional and accredited investors; Spartan is sponsored by funds managed by an affiliate of Apollo Global Management.

e.GO Mobile SE to Combine with Athena Consumer Acquisition Corp. in $285M Business Combination

July 28, 2022

Automotive

Next.e.GO Mobile SE (e.GO) announced a definitive business combination with Athena Consumer Acquisition Corp. (Athena), expected to result in e.GO becoming a publicly listed company on the New York Stock Exchange. The transaction is expected to raise gross proceeds of up to approximately $285 million (including SPAC trust and intended debt financing), with proceeds intended to fund production ramp-up and MicroFactory expansion.

Ace Green Recycling to Become a Public Company via Business Combination with Athena Technology Acquisition Corp. II

December 4, 2024

Industrial Services

Ace Green Recycling entered into a definitive business combination agreement with Athena Technology Acquisition Corp. II (ATAC II), a special purpose acquisition company (SPAC), for Ace to merge into a wholly-owned subsidiary of ATAC II. The combined entity is expected to become a public company, with the transaction expected to close in the first half of 2025 subject to customary approvals.

HiberCell Acquires Genuity Science, Inc.

August 16, 2021

Biotechnology

HiberCell, a clinical-stage oncology company, acquired Genuity Science, a genomics and multi‑omic analytics company with an advanced AI/ML platform, to integrate next‑generation computational capabilities into its translational oncology efforts. The stock acquisition brings Genuity and its subsidiaries into HiberCell, provides approximately $100 million in cash and existing partnership earnouts, and is intended to accelerate HiberCell's clinical programs and expand its preclinical pipeline.

Hale Capital Partners Acquires Majority Stake in Athenium

November 6, 2024

Software

Hale Capital Partners, a New York-based growth private equity firm, led a cooperative recapitalization to acquire a majority stake in Athenium, a Dover, New Hampshire provider of risk and quality management software. The investment brings in Jim Greenwell as CEO and will support product development, AI/analytics capabilities and expansion into new verticals including insurance, financial services and government.