Archimedes Tech SPAC Partners II amends $100 million PIPE to issue 7,031,175 pre-funded warrants
ATII•Archimedes Tech SPAC Partners II amended a $100 million private placement tied to its planned deal with Forge Nano, converting 7,031,175 subscribed shares into pre-funded warrants exercisable at $0.0001 per share with no expiration.
1. PIPE amendment
The investor commitment remains 10,000,000 Pubco shares at $10 each, with PIPE Warrants for 15,000,000 shares at $10. The amendment recasts 7,031,175 subscribed shares as pre-funded warrants exercisable upon issuance at $0.0001 per share, with no expiration. Holders may elect a beneficial ownership cap of 4.9%, 9.9% or 19.9%.
