FTAC Athena Acquisition Corp. (FTAAU) Prices $220M IPO

SPAC pricing

FTAC Athena Acquisition Corp. (FTAAU) Prices $220M IPO

Feb 22, 2021 IPOs by Kristi Marvin

FTAC Athena Acquisition Corp. announced the pricing of its $220 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “FTAAU,” Tuesday, February 23.

FTAC Athena Acquisition Corp. intends to focus on technology and financial services technology, or fintech, companies that power transformation and innovation. The company is led by Chairman of the Board Betsy Z. Cohen and President and Chief Executive Officer Amanda J. Abrams.

Total SPAC deal count for 2021 year-to-date is now 162. This offering is expected to close on Thursday, February 25.

Cantor Fitzgerald & Co. is serving as the sole book-running manager for the offering.  Ledgewood is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.