Archimedes Tech SPAC Partners II Co. reports developments as a blank-check company with ordinary shares and warrants traded under ATII and ATIIW. Recurring news categories include shareholder voting matters, material agreements, capital-structure disclosure, and SPAC security mechanics such as units, warrants, redemption items, and extension-related votes.
Company updates also cover operating and financial results within its pre-combination issuer structure, along with governance matters tied to its status as a special purpose acquisition company.
Archimedes Tech SPAC Partners II Co. has announced the pricing of its $200 million initial public offering, consisting of 20,000,000 units at $10.00 per unit. Each unit includes one ordinary share and one-half redeemable warrant, with whole warrants exercisable at $11.50 per share.
The units will trade on Nasdaq under 'ATIIU' starting February 11, 2025, while the ordinary shares and warrants will later trade separately under 'ATII' and 'ATIIW' respectively. BTIG, is the sole book-running manager and has a 45-day option to purchase up to 3,000,000 additional units for over-allotments. The offering is expected to close on February 12, 2025.