Archimedes Tech SPAC Partners Co.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Stephen N. Cannon
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2093 Philadelphia Pike Claymont DE United States of America 19703
- IPO Date
- Apr 14, 2021
- CIK
- 0001840856
- Website
- archimedesspac.com
- Similar Companies
- Business
- Archimedes Tech SPAC Partners Co. (ATSPT) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations prior to completing a business combination; it focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar transaction with one or more businesses, particularly targeting the artificial intelligence, cloud services, and automotive technology sectors. The company offers no core products or services beyond its SPAC structure, which facilitates public market access for private targets through unit offerings comprising ordinary shares and warrants. Incorporated in 2020 and headquartered in Claymont, Delaware, it conducts operations globally with an emphasis on technology opportunities worldwide. In a major development, Archimedes Tech SPAC Partners Co. completed a definitive business combination with SoundHound, Inc. via reverse merger, which became effective on April 27, 2022, resulting in the suspension of its units (ATSPU) and subunits (ATSPT) from trading on Nasdaq and the transition to SoundHound AI, Inc. (NASDAQ: SOUN). Post-merger, the entity's original ticker ATSPT persists in select trading platforms amid residual subunit activity, though primary operations shifted to SoundHound AI's voice and conversational AI solutions. No further mergers, acquisitions, funding rounds, or strategic shifts have been announced for the standalone entity in the last 1-2 years, distinguishing it from Archimedes Tech SPAC Partners II Co., a separate SPAC that raised $230 million in February 2025.
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