other material
confidence high
sentiment neutral
materiality 0.65
Archimedes Tech SPAC Partners II closes $230M IPO, including full over-allotment
Archimedes Tech SPAC Partners II Co.
- Offered 23M units at $10.00 each; gross proceeds $230M from IPO plus $8.4M private placement.
- Each unit consists of one ordinary share plus half a warrant exercisable at $11.50 per share.
- Trust account holds $231.15M, including $8.05M deferred underwriting commissions.
- Sponsor purchased 530k Private Units; BTIG purchased 310k Private Units at $10.00 each.
- Units trade on Nasdaq under ATIIU; ordinary shares and warrants will separately trade as ATII and ATIIW.