Archimedes Tech SPAC Partners II Co (NASDAQ: ATII) is a blank-check special purpose acquisition company incorporated on June 7, 2024, that exists to identify and consummate a merger or acquisition with a technology-focused target business. The company raises capital through an IPO, holds proceeds in a trust account, and distributes those proceeds either upon completion of an initial business combination or, if no deal closes by November 12, 2026, through liquidation and redemption of public shares at approximately $10.05 per share. As of March 2, 2026, the company had 29,590,000 ordinary shares outstanding held by three holders of record. Units, ordinary shares, and warrants trade on Nasdaq under the symbols ATIIU, ATII, and ATIIW, respectively. The company is headquartered at 2093 Philadelphia Pike, Claymont, DE 19703, and pays its sponsor $10,000 per month for office space and administrative services. The predecessor vehicle, Archimedes Tech SPAC Partners Co., completed a business combination with SoundHound AI in April 2022.
- Revenue model
- The company generates no operating revenue. Income is limited to interest earned on funds held in the trust account pending completion of an initial business combination. The sponsor and affiliates receive $10,000 per month for office space and administrative services.
- Products and services
- The company offers no commercial products or services. Its sole activity is searching for, evaluating, and completing an initial business combination with a target business, with a focus on the technology sector based on the background of its management team and advisors.
- Customers and end markets
- The company has no customers or commercial end markets. Its stakeholders are public shareholders who hold redeemable ordinary shares and warrants, and a sponsor that holds founder shares.
- Value-chain role
- Archimedes Tech SPAC Partners II Co functions as a capital aggregation and acquisition vehicle. It pools IPO proceeds into a trust account and deploys that capital through a single transformative transaction, a merger or acquisition with a private technology company seeking a public listing.
- Geographic exposure
- The company is incorporated in the Cayman Islands and maintains its principal executive offices in Claymont, Delaware. No geographic operating footprint is disclosed beyond this.
Source: SEC 10-K, filed 2026-03-04
Industry:
Blank Checks