Athena Technology Acquisition Corp. II

AI-generated fair value estimate for this company.

Method: Trust account NAV per public share: $166,857 trust balance as of June 30, 2026 (per the company's Q2 2026 10-Q), divided by 9,835,000 public Class A shares outstanding = $0.017 per share, rounded to $0.02.

Reasoning: ATEK is a pre-combination blank-check SPAC (proposed merger with Ace Green Recycling) with no operating business of its own; extensive shareholder redemptions and trust withdrawals have left the trust account almost fully depleted, and the company has disclosed substantial doubt about its ability to continue as a going concern, so intrinsic value is anchored to the residual trust NAV per share rather than any operating-business DCF.