Athena Technology Acquisition Corporation from Heliogen, Inc. Announces approval of trade alliance with

Kenneso, Ga. And Pasadena, California – (Business Wire– Athens Technology Acquisition Corporation (NYSE: ATHN) (“ATHN”) is a publicly traded special purpose acquisition company whose shareholders have previously acquired Heliogen, Inc. (“Heliogen”) voted to approve the announced business partnership. ) At the ATHN Special Shareholders’ Meeting (“Special Meeting”) held today, December 28, 2021.

At the special meeting, more than 91% of the votes were in favor of the merger. ATHN shareholders voted in favor of all proposals at the special meeting. ATHN plans to present the results of the special meeting to the Security and Exchange Commission tomorrow in 8-K format, according to the Independent Electoral and Boundaries Commission.

The merger is expected to close on December 30, 2021, despite the satisfaction of some other closing conditions. Following the closure, the joint venture will be called Heliogen, Inc. And the joint stock and securities are expected to be traded on December 31, 2021 under the New York Stock Exchange under the HLGN and HLGNW signs.

About Athena Technology Acquisition Corporation

Athena Technology Acquisition Corporation is a privately owned, privately held acquisition company that specializes in mergers, acquisitions, acquisitions, reorganization or similar businesses directly from one or more businesses in the technology – consumer and fintech industries.

About Heliogen

Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in the heavy industry and creating a sustainable future. The company’s AI-enabled, modular concentrated solar technology aims to deliver 24/7 carbon-free energy in heat, energy or green hydrogen fuel scales – for the first time in history. Heliogen was invented in 1996 by Bill Gross, a technology invention called Idealab. For more information about Heliogen, please visit

Future Statements

This press release The 1995 United States Privacy Disclosure Amendment Act contains some promising statements in the meaning of the “Safe Harbor” provisions. Non-historical expressions in nature, including the words “wait” and “wait.” “Suggestions,” “Plans,” “Believe,” “Thoughts,” “Predictions,” “Targets,” “Projects,” “Must,” “Can,” “Can,” “Can,” “Can,” “Can,” And other similar expressions are intended to identify future statements. Predictions for the future are predictions, predictions, and other predictions for future events based on current expectations and assumptions that may result in risks and uncertainties. Many factors may differ materially from the forthcoming statements in this press release, but not limited to these (i) any event, change or other event that may result in termination of business. Joint agreement; (1) The result of a legal dispute arising out of Athens, Heliogen or others after the merger. (1) Failure to complete transactions intended in a joint venture agreement; (iv) the ability to acquire or maintain a helium joint stock on the NYSE following the merger; (v) a threat to the current plans and operations due to the announcement and completion of the planned transaction; (vi) The ability to know the expected benefits of a business partnership can, among other things, enable and manage the growth of helium profitably, maintain customer relationships, compete in the industry, and retain key employees. ; (vii) expenses related to the proposed business partnership; (viii) changes in applicable laws or regulations; (ix) The impact of the CVD-19 outbreak on the Heliogen trade; (x) the ability to implement the helicopter business model, to market the planned products and services, and to obtain adequate quantities of product at acceptable quality and price, (x) the ability to increase helium capital; (xii) the potential for negative impact on helium by other economic, commercial, and / or competitive conditions, and (xiii) future exchange rates and interest rates. The list of reasons above does not end there. By November 19, 2021, you should carefully review the other hazards and uncertainties described in the “Risk Factors” section of Form S-4, as amended, and in the December 3, prospectus. , 2021 and other documents in Athens from time to time with the SEC. These records identify other important concerns and uncertainties that may differ materially from the forthcoming statements on actual events and outcomes. Future statements only speak from the date they were made. Readers are warned not to become overly dependent on future statements, and Athena and Helio will not take any responsibility and will not seek to improve or enhance those future statements, with new information, future events, or anything else. Neither Athena nor Heliogen Athena or Heliogen, nor any other company, can guarantee that it will meet expectations.

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