Archimedes Tech SPAC Partners II Co. Announces Closing of $230 Million Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option

CLAYMONT, Del., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Archimedes Tech SPAC Partners II Co. (the “Company”) today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $230,000,000, before deducting underwriting discounts and estimated offering expenses.

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