Company: ATIIU
Filing Date: 2025-02-14
Form Type: 8-K
Source: 0001437749-25-004012
Chunk: 2

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-02-14
Form: 8-K
Item: Item 3.02
Chunk 2
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Item 3.02. Unregistered Sales of Equity Securities.

Simultaneously with the closing of the IPO, the Company consummated a private placement (the “ Private Placement”) of an aggregate of 840,000 units (the “ Private Units”) to the Sponsor and BTIG, at a price of $10.00 per Private Unit, generating total proceeds of $8,400,000. Each Private Unit consists of one Ordinary Share and one-half of one redeemable Warrant, with each whole Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50 per share (subject to adjustment). Of those 840,000 Private Units, the Sponsor purchased 530,000 Private Units and BTIG purchased 310,000 Private Units.

The Private Units are identical to the Units sold in the IPO except with respect to certain registration rights and transfer restrictions, as described in the Registration Statement. Additionally, such holders agreed not to transfer, assign or sell any of the Private Units or underlying securities (except in limited circumstances, as described in the Registration Statement) until after the completion of the Company’s initial business combination. The holders were granted certain demand and piggyback registration rights in connection with the purchase of the Private Units and the underlying securities.

The Private Units were issued pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, as the transaction did not involve a public offering.

Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year.

On February 10, 2025, and in connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association. The Amended and Restated Memorandum and Articles of Association is filed herewith as Exhibit 3.1 and is incorporated by reference herein.

Item 8.01. Other Events.