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

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.

Athena Technology Acquisition Corp. to Combine with Heliogen

December 9, 2021

Energy

Athena Technology Acquisition Corp. (a women-led SPAC) entered into a definitive agreement to merge with Heliogen, a provider of AI-enabled concentrated solar power technology. The combined company is expected to be renamed Heliogen, Inc. and remain listed on the New York Stock Exchange under the new ticker symbol HLGN.

Allego N.V. Goes Public via Business Combination with Spartan Acquisition Corp. III

March 17, 2022

Energy

Allego N.V., a pan‑European electric vehicle charging network, completed a business combination with Spartan Acquisition Corp. III and began trading on the NYSE under the ticker ALLG following a transaction that provided approximately $161 million of gross proceeds (including a PIPE). Strategic partners including Fisker and Landis+Gyr and institutional investors (including funds managed by Apollo affiliates and ECP) participated in the PIPE; Meridiam rolled 100% of its equity and will remain the majority owner to support Allego's continued European expansion.

Ginkgo Bioworks to Become Public Company via Business Combination with Soaring Eagle Acquisition Corp

May 11, 2021

AI & Machine Learning

Ginkgo Bioworks agreed to a business combination with special purpose acquisition company Soaring Eagle Acquisition Corp., which would result in Ginkgo becoming a publicly listed company. The transaction is expected to close in the third quarter of 2021 and is expected to provide up to $2.5 billion of gross cash proceeds, including $775 million from a PIPE.

Veritas Capital and Evergreen Coast Capital Acquire athenahealth

February 11, 2019

Healthcare Services

An affiliate of Veritas Capital and Evergreen Coast Capital (Elliott affiliate) completed the acquisition of athenahealth, Inc. for approximately $5.7 billion in cash. The deal combines athenahealth with Veritas-owned Virence Health under the athenahealth brand, creating a larger healthcare IT provider headquartered in Watertown, Massachusetts, led by Bob Segert.

Air Water Ventures Ltd. to Go Public via Business Combination with Athena Technology Acquisition Corp. II

April 20, 2023

Infrastructure

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.