Athena Technology Acquisition II Q2 net loss narrows to $409,427 from $699,206 in FY25 quarter
Reuters2026/08/13 20:39- Athena Technology Acquisition II posted a Q2 net loss of $409,427, narrowing from a $699,206 loss a year earlier.
- Operating expenses fell to $413,470 from $634,894, while interest income from the trust account dropped to $2,423 from $38,380.
- First-half net loss narrowed to $875,879 from $1.47 million, as operating expenses eased to $878,727 from $1.36 million.
- Trust account investments totaled $166,857 at June 30, 2026, alongside $23,999 of operating cash and an $8.91 million working-capital deficit.
- Business-combination talks with Ace Green Recycling continued, including a $32 million PIPE tied to closing and an outside date extended to April 30, 2026.
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