ATEK Uses Final Monthly Extension with $497.74 Trust Deposit to Push Merger Deadline to June 2026

Athena Technology Acquisition Corp. II (ticker: ATEK) is a special‑purpose acquisition company that raised capital to acquire an operating business and take it public. SPACs typically place funds in a trust account; interest earned there can be used to extend the deadline for completing a merger. ATEK’s charter permits up to nine monthly extensions, each requiring a deposit into the trust.

On May 14, 2026 ATEK deposited $497.74 into its trust account, triggering a one‑month extension that shifts the merger deadline from May 14 to June 14, 2026. This deposit represents the ninth extension used, meaning no further monthly extensions are available under the amended certificate of incorporation. As of the latest trading session, ATEK shares were priced at $10.12, down 2.3% over the past week, giving the SPAC a market capitalization of roughly $210 million.

The deposit shows ATEK’s sponsors are still seeking a business combination but have exhausted the procedural tools built into the SPAC structure. Without additional extensions, the company must either complete a deal by June 14, 2026 or face liquidation and return of trust funds to investors. Investors will now monitor whether ATEK can identify a suitable target within the remaining window.