Archimedes Tech SPAC III closes $276M IPO, deposits $276M in trust account

Archimedes Tech SPAC Partners III Co.

IPO of 27.6M units at $10.00/unit, including full over-allotment; gross proceeds $276M.
Private placement of 762K units at $10.00/unit to sponsor and BTIG; gross proceeds $7.62M.
$276M held in trust account for public shareholders; $10.00 per public share.
Working capital of $1.32M as of Jan 26, 2026; cash $1.27M outside trust.
Company has 24 months from IPO to complete a business combination.

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