News for Archimedes Tech SPAC Partners Co. (ATSPU)

CLAYMONT, Del., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Archimedes Tech SPAC Partners II Co. (the 'Company”) today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000, before deducting underwriting discounts and estimated offering expenses.

Archimedes Tech SPAC Partners II Co. announced that it has priced its initial public offering of 20 million units at an offering price of $10.00 per unit. Each unit consists of one ordinary share and one-half of one redeemable warrant.

CLAYMONT, Del., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Archimedes Tech SPAC Partners II Co. (the 'Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chairman Eric R. Ball and CEO Long Long, today announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one ordinary share and one-half of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one ordinary share at $11.50 per share. The units are expected to trade on The Nasdaq Global Market ('Nasdaq”) under the ticker symbol 'ATIIU” beginning February 11, 2025. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols 'ATII” and 'ATIIW,” respectively.

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Tech giants will be pushed into the spotlight with Apple (NASDAQ:AAPL), Amazon, Microsoft (MSFT), Alphabet (GOOG), Meta Platforms (META), and Intel (NASDAQ:INTC) all on the earnings stage.

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