For Q1 FY2026 ended March 31, 2026, Archimedes Tech SPAC Partners II Co. reported net income of $1.70 million, up 47.1% year-over-year. Operating income was a loss of $0.45 million, compared to a gain in the prior year. Cash stood at $1.08 million, while shareholders' equity was negative $7.14 million.
•Net income of $1.70 million, up 47.1% YoY.
•Operating loss of $0.45 million, down 185.0% YoY.
•Cash of $1.08 million; equity deficit of $7.14 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Archimedes Tech SPAC Partners II Co. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses in the technology industry. Archimedes Tech SPAC Partners II Co. was incorporated in 2024 and is based in Claymont, Delaware.
What does Archimedes Tech SPAC Partners II Co. (ATIIU) do?
Archimedes Tech SPAC Partners II Co. is a special purpose acquisition company (SPAC) that currently has no significant operations. Its sole purpose is to identify and complete a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company focuses on targets in the technology industry. As a SPAC, it raises capital through an initial public offering (IPO) and then searches for a private company to take public via a merger. Until such a business combination is completed, the company holds the IPO proceeds in trust and does not generate operating revenue.
Where is Archimedes Tech SPAC Partners II Co. (ATIIU) listed and in which currency?
Archimedes Tech SPAC Partners II Co. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol ATIIU. Its securities trade in U.S. dollars (USD). The company is incorporated in the United States, specifically in Claymont, Delaware, and its stock is available for trading on this major U.S. exchange. Investors can buy and sell ATIIU shares during regular market hours, and the pricing is denominated in USD, which is the standard currency for Nasdaq-listed equities.
What sector and industry does Archimedes Tech SPAC Partners II Co. (ATIIU) belong to?
Archimedes Tech SPAC Partners II Co. operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets. In the context of SPACs, they are formed specifically to raise capital through an IPO and then acquire or merge with an existing private company, thereby taking it public. This classification is common for blank-check companies that have not yet completed a business combination. Once a merger is finalized, the company's sector and industry may change to reflect the acquired business's operations.
Where is Archimedes Tech SPAC Partners II Co. (ATIIU) headquartered and what is its background?
Archimedes Tech SPAC Partners II Co. is headquartered in Claymont, Delaware, United States. The company was incorporated in 2024, making it a relatively new entity. As a SPAC, it was founded with the specific goal of merging with a technology-focused business. The company's address and incorporation details are typical for SPACs, many of which are incorporated in Delaware due to its favorable corporate laws. Until it completes a business combination, the company's primary activities involve identifying a suitable target and negotiating the terms of a merger or acquisition.
How does Archimedes Tech SPAC Partners II Co. (ATIIU) make money?
Archimedes Tech SPAC Partners II Co. does not currently have significant operations and therefore does not generate operating revenue. Its business model is based on raising capital from public investors through an IPO and then using those funds to acquire or merge with a private company in the technology industry. The SPAC's management team typically earns a promote (a percentage of the equity) upon completing a business combination. Until a deal is finalized, the company's cash is held in a trust account, earning interest. If no acquisition is completed within a specified timeframe, the SPAC is liquidated and the trust proceeds are returned to shareholders.