Archimedes Tech SPAC Partners II Co. (ATIIW) Warrant
Each ATIIW warrant gives the holder the right to buy 1 share of Archimedes Tech SPAC Partners II Co. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.68, below the strike, so the warrant is out of the money. Archimedes Tech SPAC Partners II Co. has a market value of about $316.02M. Archimedes Tech SPAC Partners II Co. is a SPAC (shareholder vote scheduled with Forge Nano, Inc.). It must complete a deal by November 12, 2026 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 38.9% to the 29.59M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.65
From the issuer's S-1/A (2025-02-05).
Company and stock
- Company
- Archimedes Tech SPAC Partners II Co.
- Underlying stock
- ATII
- Share price
- $10.68
- Market cap
- $316.02M
- Shares outstanding
- 29.59M
- 12-month range
- $10.21 – $11.38
- 12-month change
- +5%
- Value of all listed warrants
- $13.22M (4.2% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Claymont, DE
Market cap is the last share price times shares outstanding (as of 2026-08-13). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $1.15
- Price / model
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Dilution
- Shares outstanding
- 29.59M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 38.9%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- shareholder vote scheduled
- Target
- Forge Nano, Inc.
- Deal announced
- 2026-04-19
- Deadline
- 2026-11-12
- Latest possible deadline
- 2026-11-12
- Trust per share
- $10.62
- Sponsor
- Archimedes Tech SPAC Sponsors II LLC
- Sponsor's earlier SPACs
- 1 (1 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about ATIIW
When does the ATIIW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of ATIIW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many ATIIW warrants are outstanding?
11.50M listed warrants, equal to 38.9% dilution if all are exercised.
Related warrants
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