Company: ATIIU
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001437749-25-010221
Chunk: 304

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 16
Chunk 304
---
 $11.50 per share, subject to adjustment.
    
   On  February 12, 2025, the Company repaid the Sponsor for the outstanding borrowings under the promissory note amounting to $290,000. Borrowings under the promissory note is no longer available.
    
   Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of 840,000 Private Placement Units at a price of $10.00 per Private Placement Unit in a private placement to the Sponsor and BTIG, generating gross proceeds of $8,400,000.

      F-17