FTAC Athena Acquisition Cancels Extension Vote, Faces Feb. 25 Deal Deadline 

FTAC Athena Acquisition announced the cancellation of its Feb. 15 shareholders meeting, when the main business was to vote on a merger deadline extension until Aug. 25.

The SPAC’s current deadline is Feb. 25. The press release did not indicate whether the SPAC might reschedule a shareholders meeting before the looming deadline.

Almost a year ago the SPAC led by Betsy Z. Cohen terminated a planned merger with Pico, a provider of technology, data and analytic services for financial markets, due to the target’s “failure to deliver financial information as required by the Business Combination Agreement.”

FTAC Athena raised $220 million in an IPO two years ago. Read more.


Source: FTAC Athena Acquisition Cancels Extension Vote, Faces Feb. 25 Deal Deadline