Archimedes Tech SPAC Partners II Co. is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands and headquartered in Claymont, Delaware. The company was established to pursue a business combination, such as a merger, capital stock exchange, or asset acquisition, with a primary focus on the technology sector, specifically targeting artificial intelligence, cloud services, and automotive technology. The SPAC completed its $230 million initial public offering in February 2025.
In April 2026, Archimedes Tech SPAC Partners II announced a definitive business combination agreement with Forge Nano, Inc., valuing the target at approximately $1.2 billion. Forge Nano is a U.S.-based semiconductor equipment and advanced materials company that pioneers Atomic Layer Deposition (ALD) technology. Its proprietary Atomic Armor platform provides nano-scale surface coatings designed to enhance the performance of AI-era semiconductor chips and defense battery applications. Until the merger is finalized, Archimedes Tech SPAC Partners II generates no operating revenue and holds its IPO proceeds in an interest-bearing trust account. Upon the expected closing in the second half of 2026, the combined entity will operate as Forge Nano, Inc.
