Archimedes Tech SPAC II Files 2024 10-K
Ticker: ATIIW · Form: 10-K · Filed: Mar 31, 2025 · CIK: 2028516
| Field | Detail |
|---|---|
| Company | Archimedes Tech Spac Partners II Co. (ATIIW) |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, 10-k, financials
TL;DR
Archimedes Tech SPAC II filed its 2024 10-K. All eyes on Note 5 for share details.
AI Summary
Archimedes Tech SPAC Partners II Co. filed its 10-K for the fiscal year ending December 31, 2024. The company, operating in the 'Blank Checks' sector, reported its financial status and business activities. Key financial figures include a total of 5,750,000 ordinary shares and a significant number of units, with details on share surrenders and forfeitures related to underwriter options noted in Note 5.
Why It Matters
This filing provides investors with a comprehensive overview of Archimedes Tech SPAC Partners II Co.'s financial health and operational status for the past fiscal year, crucial for investment decisions.
Risk Assessment
Risk Level: medium — As a SPAC, the company's primary risk is its ability to identify and complete a business combination within its specified timeframe.
Key Numbers
- 5,750,000 — Ordinary Shares (Total number of ordinary shares reported.)
- 400,000,000 — Units (Indicates the potential scale of the SPAC's offering.)
- 750,000 — Shares Subject to Surrender/Forfeiture (Specific number of shares contingent on underwriter option exercise, detailed in Note 5.)
Key Players & Entities
- Archimedes Tech SPAC Partners II Co. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 5,750,000 (dollar_amount) — Number of ordinary shares
- Note 5 (document_reference) — Details on share surrenders and forfeitures
FAQ
What is the primary business of Archimedes Tech SPAC Partners II Co.?
Archimedes Tech SPAC Partners II Co. is classified under 'BLANK CHECKS' with a Standard Industrial Classification of 6770, indicating its purpose is to facilitate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination.
What is the total number of ordinary shares reported by the company?
The company reported a total of 5,750,000 ordinary shares.
What is the significance of 'Note 5' mentioned in the filing?
Note 5 details an aggregate of up to 750,000 ordinary shares that were subject to surrender and forfeiture, depending on the extent to which the underwriters' over-allotment option was exercised.
What is the company's fiscal year end?
The company's fiscal year ends on December 31st.
What is the filing date of this 10-K report?
This 10-K report was filed on March 31, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Archimedes Tech SPAC Partners II Co. (ATIIW).