Company: ATIIU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010221
Chunk: 511

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 511
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 7, 2024 (inception)   —  $—  $—  $—  $— 
                     
 Issuance of Ordinary Shares to Sponsor(1)   5,750,000   575   24,425   —   25,000 
                     
 Net loss   —   —   —   (78,700)  (78,700)
                     
 Balance — December 31, 2024    5,750,000  $575  $24,425  $(78,700) $(53,700)

      (1) 
      Included an aggregate of up to 750,000 ordinary shares that were subject to surrender and forfeiture depending on the extent to which the underwriters’ over-allotment option was exercised (see Note 5). 

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

      F-5

ARCHIMEDES TECH SPAC PARTNERS II CO.

STATEMENT OF CASH FLOWS

FOR THE PERIOD FROM JUNE 7, 2024 (INCEPTION) THROUGH DECEMBER 31, 2024

    Cash Flows from operating activities:     
 Net loss  $(78,700)
 Adjustments to reconcile net loss to net cash used in operating activities:     
 General and administrative expenses paid by Sponsor in exchange for issuance of Founder shares   3,880 
 General and administrative expenses paid through promissory note - related party   51,820 
 Changes in operating assets and liabilities:     
 Accrued expenses   23,000 
 Net cash used in operating activities   — 
     
 Net Change in Cash   — 
 Cash – Beginning   — 
 Cash – Ending  $— 
     
 Non-cash investing and financing activities:     
 Offering costs included in accrued offering costs  $268,358 
 Deferred offering costs paid by Sponsor in exchange for the issuance of Founder shares  $21,120 
 Deferred offering costs paid through promissory note -related party  $140,213 

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

      F-6

   NOTE 1 — DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS
    
   Archimedes Tech SPAC Partners II Co. (the “Company”) is