Company: ATIIU
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001437749-25-016848
Chunk: 23

Company: Archimedes Tech SPAC Partners II Co.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 23
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. NOTES TO CONDENSED FINANCIAL STATEMENTS  MARCH 31, 2025 (UNAUDITED)

       For the Three Months  Ended March 31, 2025  
   Redeemable    Non- Redeemable  
 Diluted net income per share:         
 Numerator:         
 Allocation of net income  $767,735  $391,488 
 Denominator:         
 Diluted weighted-average shares outstanding   12,146,067   6,193,596 
 Diluted net income per ordinary share  $0.06  $0.06 

   Fair Value of Financial Instruments
    
   The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurement,” approximates the carrying amounts represented in the balance sheets, primarily due to their short-term nature.
    
   Fair Value Measurement
    
   The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:
    
     Level 1:  Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. 
     
  Level 2:  Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. 
     
  Level 3:  Unobservable inputs based on assessment of the assumptions that market participants would use in pricing the asset or liability.

   Warrant Instruments
    
   The Company accounted for the Public and Private Placement Warrants issued in connection with the Initial Public Offering and the private placement in accordance with the