Company: ATIIU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001437749-25-025722
Chunk: 7

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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ARCHIMEDES TECH SPAC PARTNERS II CO.

CONDENSED BALANCE SHEETS

      June 30, 2025    December 31, 2024  
   (Unaudited)      
 ASSETS         
 Current assets         
 Cash  $1,764,859  $— 
 Prepaid expenses   134,375   — 
 Total current assets   1,899,234   — 
 Deferred offering costs   —   429,691 
 Prepaid insurance   53,646   — 
 Cash held in Trust Account   234,944,821   — 
 TOTAL ASSETS  $236,897,701  $429,691 
         
 LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS’ DEFICIT         
 Current liabilities         
 Accrued expenses  $72,960  $23,000 
 Accrued offering costs   75,000   268,358 
 Due to related party   11,160   — 
 Promissory note – related party   —   192,033 
 Total current liabilities   159,120   483,391 
 Deferred underwriting fee payable   8,050,000   — 
 TOTAL LIABILITIES   8,209,120   483,391 
         
 Commitments and Contingencies (Note 6)           
         
 Ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.21 per share as of June 30, 2025 and none at December 31, 2024   234,944,821   — 
         
 SHAREHOLDERS’ DEFICIT         
 Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding   —   — 
 Ordinary shares, $0.0001 par value; 400,000,000 shares authorized; 6,590,000 and 5,750,000 shares issued and outstanding (excluding 23,000,000 and 0 shares subject to possible redemption) as of June 30, 2025 and December 31, 2024, respectively(1)   659   575 
 Additional paid-in capital   —   24,425