Shearman & Sterling advised the underwriters on the initial public offering of Athena Consumer Acquisition, a special purpose acquisition company, of 23.0 million units at an offering price of $10.00 per unit, each unit consisting of one share of Class A common stock and one-half of one redeemable warrant.
Athena Consumer Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the company may pursue an initial business combination target in any industry, it currently intends to concentrate its search for a target business operating in the technology and consumer sectors. The company was founded by Isabelle Freidheim, Founder and Chairman of the Board and is led by Jane Park, Chief Executive Officer, Jennifer Carr-Smith, Chief Operating Officer and Angelina Smith, Chief Financial Officer.
The Shearman & Sterling team below included associate Jordan Briggs (New York-Financial Institutions Advisory & Financial Regulatory).