Archimedes Tech SPAC Partners III Co (ARCI) is a blank-check special purpose acquisition company that raised capital through an initial public offering to identify and complete a merger or acquisition with an unspecified target business. The company generates income from interest earned on funds held in a Trust Account, not from operating revenues. ARCI completed its IPO on January 26, 2026, selling 27,600,000 units at $10.00 per unit and generating gross proceeds of $276,000,000, with the full amount placed into a Trust Account. Simultaneously, 762,000 Private Placement Units were sold at $10.00 per unit to the sponsor and BTIG, LLC, generating an additional $7,620,000 in gross proceeds. As of March 31, 2026, the Trust Account held $277,775,000 in demand deposits. ARCI has no operating business, no customers, and no product revenues. Its sole objective is to complete an initial Business Combination. Total transaction costs incurred at IPO were $15,722,207, including a $9,660,000 deferred underwriting fee.
Blank-check SPAC vehicle. Units consisting of ordinary shares and warrants, sold at $10.00 per unit in the January 26, 2026 IPO. Private Placement Units sold to sponsor and BTIG, LLC at $10.00 per unit.
Interest income earned on the Trust Account demand deposit. No operating revenues as of March 31, 2026. For the three months ended March 31, 2026, interest earned on the Trust Account was $1,775,824.
No operating customers. Capital providers are public IPO investors and private placement purchasers (sponsor and BTIG, LLC). End market is acquisition targets in an unspecified industry.
Incorporated in a non-U.S. jurisdiction (state of incorporation not specified in excerpts). Listed on The Stock Market LLC. No operating geographic footprint disclosed.
Source: SEC 10-Q, filed 2026-05-14
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