M&A
confidence high
sentiment positive
materiality 0.75
Forge Nano secures additional $23M PIPE at $10/share; total PIPE $123M with Samsung SDI investment
Archimedes Tech SPAC Partners II Co.
- Additional $23M PIPE at $10.00/share brings total PIPE commitments to $123M for Forge Nano's SPAC merger with ATII.
- Samsung SDI commits $20M ($10M in PIPE, $10M in Series D); Horizons Ventures also participates.
- Forge Nano closes Series D at $97M, rounding out pre-IPO capital formation.
- Pro forma cash of ~$367M (assuming no redemptions) from $123M PIPE and $244M trust.
- Business combination with Archimedes II (ATII) expected to close in H2 2026.