Archimedes Tech SPAC Partners II Co. (ATIIU) Prices $200M IPO

Archimedes Tech SPAC Partners II Co. (NASDAQ:ATIIU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ATIIU”, Tuesday, February 11, 2025.

The new SPAC intends to search for a target company in the technology industry, with a particular focus on artificial intelligence, cloud services and the automotive technology sectors.

Archimedes Tech SPAC II’s management team is led by Dr. Eric R. Ball, as Chairman of the Board, and Long Long, as Chief Executive Officer and Director. Daniel L. Sheehan will be Chief Financial Officer and Stephen N. Cannon, Jack Crawford, and Vishwesh Pai, will serve as Directors.

Total SPAC deal count for 2025 year-to-date is now 10. This offering is expected to close on Wednesday, February 12, 2025.

BTIG, LLC is acting as sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with White & Case LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Odyssey Transfer and Trust Company is acting as trustee.