Company: ATIIU
Filing Date: 2025-02-19
Form Type: 8-K
Source: 0001437749-25-004417
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Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-02-19
Form: 8-K
Item: Item 8.01
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Item 8.01. Other Events.

As previously disclosed on a Current Report on Form 8-K dated February 10, 2025, Archimedes Tech SPAC Partners II Co. (the “ Company”) consummated its initial public offering (the “ IPO”) of 23,000,000 units (the “ Units”), including the exercise in full by the underwriters of an option to purchase up to 3,000,000 Units to cover over-allotments. Each Unit consists of one ordinary share, par value $0.0001 per share (“ Ordinary Share”) and one-half of one redeemable warrant (each, a “ Warrant”) of the Company, with each whole Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50 per share (subject to adjustment). The Units were sold at a price of $10.00 per Unit, generating aggregate gross proceeds to the Company of $230,000,000.

Simultaneously with the closing of the IPO, the Company consummated a private placement (the “ Private Placement”) in which Archimedes Tech SPAC Sponsors II LLC, the Company’s sponsor, and BTIG, LLC, the representative of the underwriters in the initial public offering, purchased an aggregate of 840,000 private units at a price of $10.00 per unit, generating gross proceeds of $8,400,000.

As of February 12, 2025, a total of $231,150,000 of the net proceeds from the IPO and the Private Placement were deposited in a trust account established for the benefit of the Company’s public shareholders.

Item 9.01. Financial Statements and Exhibits.