E.Go, a producer of urban electric vehicles, has merged with Athena Consumer Acquisition Corp.

E.Go develops, designs, manufactures and markets electric vehicles, focusing on practicality and cost.

“The partnership we announced with Athena today is a remarkable milestone in E.Go’s journey,” said Ali Vezvaei, chairman of the board of E.Go. “This transaction will allow us to accelerate our growth, expand our global reach, and continue our track record of disruptive innovation. By producing vehicles with a focus on convenience, practicality and smart services, E.Go is making the electric transformation of urban mobility easier and less costly.”

Cohen & Company Capital Markets, a division of J.V.B. Financial Group, served as financial and capital markets advisors to Athena. Morgan, Lewis & Bockius LLP served as legal counsel to CCM. Sullivan & Cromwell LLP served as legal counsel to E.Go. White & Case LLP served as legal counsel to Athena.