- CEO
- Long Long
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2093 Philadelphia Pike #1968 Claymont DE United States of America 19703
- IPO Date
- Feb 11, 2025
- Business
- Archimedes Tech SPAC Partners II Co. (Nasdaq: ATII) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary purpose is to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses; the company focuses its search on targets in the technology industry, particularly artificial intelligence, cloud services, and automotive technology sectors. Incorporated in 2024, Archimedes Tech SPAC Partners II Co. maintains its headquarters at 2093 Philadelphia Pike #1968, Claymont, Delaware, United States, and conducts operations principally in North America while pursuing global opportunities through potential combinations. The company offers no current products or services beyond its SPAC structure, which provides public market access to private technology firms via trust-held proceeds from its initial public offering.
In recent developments, Archimedes Tech SPAC Partners II Co. completed a $230 million initial public offering on February 12, 2025, selling 23 million units at $10 each, including the full exercise of underwriters' over-allotment option, with BTIG, LLC serving as sole book-running manager. On March 31, 2025, the company announced the separate trading of its ordinary shares (ATII) and warrants (ATIIW) commencing April 3, 2025, enabling unit holders to elect separation. As of the latest reports through mid-2025, no business combination target has been identified or announced, with approximately $231.15 million held in trust post-IPO to fund future transactions.