Archimedes Tech SPAC Partners II Co.ATII
What Archimedes Tech SPAC Partners II Co. does.
We are a blank check company incorporated in the Cayman Islands as an exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses. We have neither engaged in any operations nor generated any revenue to date. Based on our business activities, the Company is a “shell company” as defined under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) because we have no operations and nominal assets consisting almost entirely of cash.
In June 2024, we issued to the sponsor an aggregate of 5,750,000 ordinary shares (the “founder shares”) for an aggregate purchase price of $25,000, or approximately $0.004 per share. Prior to our sponsor’s initial investment of $25,000, the Company had no assets, tangible or intangible.
On February 12, 2025, we consummated our initial public offering (the “IPO” or “Initial Public Offering”) of 23,000,000 units (the “Units”), including the exercise in full by the underwriters of an option to purchase up to 3,000,000 Units to cover over-allotments. Each Unit consists of one ordinary share, $0.0001 par value (“ordinary share”) and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one ordinary share for $11.50 per share (subject to adjustment). The Units were sold at an offering price of $10.00 per unit, generating gross proceeds of $230,000,000.
Revenue and profit, by fiscal year.
| Fiscal year | 2024 | 2025 |
|---|---|---|
| Net income | — | $8.0M |
More on ATII.
- Archimedes Tech SPAC Partners II Co. summary
- Archimedes Tech SPAC Partners II Co. financial statements
- Archimedes Tech SPAC Partners II Co. key metrics
- Archimedes Tech SPAC Partners II Co. health scores and style box
- Archimedes Tech SPAC Partners II Co. earnings
- Archimedes Tech SPAC Partners II Co. dividends
- Archimedes Tech SPAC Partners II Co. valuation
- Archimedes Tech SPAC Partners II Co. ownership and insiders
- Archimedes Tech SPAC Partners II Co. peers
Figures from Archimedes Tech SPAC Partners II Co.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.