Archimedes Tech SPAC Partners II FY26 Q2 net loss turns to $136.75 million

Reuters2026/08/13 20:46

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Archimedes Tech SPAC Partners II posted a net loss of USD 136.75 million for the quarter ended June 30, 2026, swinging from net income of USD 2.36 million.
Loss reflected a USD 100 million PIPE subscription expense, plus a USD 37.94 million change in fair value of the PIPE subscription derivative liability.
Interest income from the Trust Account slipped to USD 2.16 million from USD 2.49 million a year earlier.
Demand deposit held in the Trust Account rose to USD 244.16 million as of June 30, 2026, compared with USD 231.15 million placed at IPO closing.
Forge Nano deal advanced with an April 20, 2026 merger agreement, including a USD 100 million subscription for 10,000,000 shares plus warrants for 15,000,000 shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Archimedes Tech SPAC Partners II Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-027710), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Archimedes Tech SPAC Partners II FY26 Q2 net loss turns to $136.75 million

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