secwatch.observer — SEC 8-K summary
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Issuer:     ATII Holdings Inc. (NANO)
CIK:        0002101833
Form:       8-K
Filed at:   2026-10-27T20:30:38+00:00
Accession:  0001104659-26-119178
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 5.03, 1.01, 2.01, 3.02, 3.03, 9.01, 3.01, 5.01, 5.02, 5.05, 5.06
LLM model:  deepseek-v4.1-flash:cloud@v2

Forge Nano completes SPAC merger with Archimedes Tech II; $123M PIPE, 22.2M shares redeemed
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- Closed Oct. 22, 2026: Forge Nano merged into Archimedes Tech SPAC; former Forge Nano holders received 116,015,828 Pubco shares at ~28.5-to-1 exchange ratio.
- PIPE totaled $123M: $100M initial ($10/share; 2,968,825 shares, 7,031,175 pre-funded warrants, 15M warrants) plus $23M from other investors for 2.3M shares.
- 22,219,068 ATII public shares redeemed at ~$10.73, about $238.4M, leaving ~$8.4M in trust; total Pubco shares issued 128,655,585.
- 90M Earn-Out Shares escrowed, vesting at $15/$20/$25 VWAP or revenue $400M/$600M/$800M; 8,744,864 PSUs use same thresholds.
- Lock-ups: Forge Nano holders restricted six months or until stock trades at $12 for 20 of 30 days; Sponsor transferred 3.3M shares to PIPE investors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2101833/000110465926119178/0001104659-26-119178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2101833/000110465926119178/tm2628316d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-119178

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer