As the clock was running out on 2021, L.A. County was poised to get another publicly traded company: Pasadena-based solar technology firm Heliogen Inc.
On Dec. 31, Heliogen was set to start trading on the New York Stock Exchange under the ticker symbol HLGN, the product of a special purpose acquisition company deal that valued the company at $2 billion. Three days earlier, on Dec. 28, the board of the SPAC, Kennesaw, Ga.-based Athena Technology Acquisition Corp., approved the merger with Heliogen. Read more...