Company: ATIIU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025722
Chunk: 12

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 Activities:         
 Proceeds from sale of Units, net of underwriting discounts paid   225,400,000   — 
 Proceeds from sale of Private Placement Units   8,400,000   — 
 Repayment of due to related party   (2,926)  — 
 Proceeds from promissory note - related party   40,927   — 
 Repayment of promissory note – related party   (290,000)  — 
 Payment of offering costs   (283,747)  — 
 Net cash provided by financing activities   233,264,254   — 
         
 Net Change in Cash   1,764,859   — 
 Cash – Beginning of period   —   — 
 Cash – End of period  $1,764,859  $— 
         
 Non-Cash investing and financing activities:         
 Offering costs included in accrued offering costs  $75,000  $2,595 
 Deferred offering costs paid by Sponsor in exchange for issuance of Founder Shares  $—  $21,120 
 Deferred offering costs paid through promissory note – related party  $5,440  $25,000 
 Deferred underwriting fee payable  $8,050,000  $— 

The accompanying notes are an integral part of the unaudited condensed financial statements. 

       4

ARCHIMEDES TECH SPAC PARTNERS II CO.

NOTES TO CONDENSED FINANCIAL STATEMENTS

JUNE 30, 2025

(UNAUDITED) 

   NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS
    
   Archimedes Tech SPAC Partners II Co. (the “Company”) is a blank check company newly incorporated in the Cayman Islands on  June 7, 2024. The Company was formed 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 (the “Business Combination”). The Company has not selected any Business Combination target.
    
   Although the Company  may acquire a business in any industry, it intends to focus on companies engaged in the technology industry. The Company is an early stage and emerging growth company, and, as such, the Company is