Athena Technology Acquisition Corp. II Receives Audit Opinion With Going Concern Explanation

MT Newswires Live

Oct 15, 2024

Athena Technology Acquisition Corp. II (ATEK) said late Monday that it recently received an opinion from its accounting firm that included an explanatory paragraph related to the company's ability to continue as a going concern.

In its Form 10-K for the year ended Dec. 31, 2023, filed last month, Athena's accounting firm said that if the blank-check company is unable to complete a business combination by Dec. 14, it will cease all operations except for the purpose of liquidating.

"The date for mandatory liquidation and subsequent dissolution raise substantial doubt about the company's ability to continue as a going concern," according to the paragraph contained in the Form 10-K.

Price: 11.75, Change: +0.06, Percent Change: +0.51

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II Receives Audit Opinion With Going Concern Explanation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-10-15 05:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/ATEK\">Athena Technology Acquisition Corp. II</a> (ATEK) said late Monday that it recently received an opinion from its accounting firm that included an explanatory paragraph related to the company's ability to continue as a going concern.</p><p>In its Form 10-K for the year ended Dec. 31, 2023, filed last month, Athena's accounting firm said that if the blank-check company is unable to complete a business combination by Dec. 14, it will cease all operations except for the purpose of liquidating.</p><p>\"The date for mandatory liquidation and subsequent dissolution raise substantial doubt about the company's ability to continue as a going concern,\" according to the paragraph contained in the Form 10-K.</p><p>Price: 11.75, Change: +0.06, Percent Change: +0.51</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ATHN.U","symbol_name":"Athena Technology Acquisition Corp.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2475344315","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2475344315","pubTimestamp":1728943149,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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