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ATIIArchimedes Tech SPAC Partners II Co. Ordinary Shares
$10.85$321M
Overview & Verdict
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ATII logoArchimedes Tech SPAC Partners II Co. Ordinary Shares(ATII)Earnings, Financials & Key Ratios

ATII•NASDAQ
$10.85
36.2× P/E·Price updated Jul 6, 2026
SectorFinancial ServicesIndustrySPACs & Shell CompaniesSub-IndustryTechnology and software focused SPACs
AboutArchimedes Tech SPAC Partners II Co. is a blank check company, also known as a special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company intends to focus on businesses in the technology industry, particularly in the artificial intelligence, cloud services, and automotive technology sectors.Show more
  • EBITDA-$786K
  • Net Income$8M+10109894.9%
  • EPS (Diluted)0.30+1600.0%
  • ROE6.85%

ATII Price & Volume

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) stock price & volume — 10-year historical chart

Loading chart...

Persistent Administrative Burn Threatens Shell Viability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Imminent liquidation and dilution

Key Thesis Takeaways

  • Archimedes Tech SPAC Partners II Co.
  • faces significant existential risk as it continues to operate without a definitive business combination, resulting in a persistent erosion of shareholder equity which reached -$7.1M in 2026Q1.
  • The company's reliance on non-operating income to mask core operational losses suggests a lack of fundamental value creation, while the dwindling cash balance of $1.1M raises concerns regarding its ability to sustain operations.
  • Investors should monitor the proximity to the liquidation deadline, as the current trajectory indicates a high probability of either a dilutive financing event or a total loss of capital through forced liquidation.

Verdict Logic

the company's cash reserves have dwindled to $1.1M, which appears insufficient to cover ongoing administrative costs and suggests an imminent risk of liquidation or dilutive capital raises.

ATII Growth Metrics

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM636.11%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM491.46%

Return on Capital

10 Years-0.65%
5 Years-0.65%
3 Years-0.65%
Last Year-0.65%

Latest ATII News

Recent stock market news and headlines for Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII)

GlobeNewsWire·Jun 25, 2026
Forge Nano Forms Landmark Strategic Partnership with Samsung SDI to Enable U.S. Production of Advanced Battery Cells

DENVER and MORRISVILLE, N.C., June 25, 2026 (GLOBE NEWSWIRE) --   Forge Nano, Inc., a leading U.S. based semiconductor equipment and advanced materials company pioneering Atomic Layer Deposition (“ALD”) technology for artificial intelligence (“AI”)-era chip manufacturing and defense battery applications, which has signed an agreement to merge with Archimedes Tech SPAC Partners II Co. (“Archimedes II”) (NASDAQ: ATII), today announced a strategic partnership with Samsung SDI.

GlobeNewsWire·Jun 23, 2026
Archimedes Tech SPAC Partners II Co. Announces Filing of Amendment to Registration Statement on Form S-4 with the SEC

CLAYMONT, Del., June 23, 2026 (GLOBE NEWSWIRE) -- Archimedes Tech SPAC Partners II Co. (Nasdaq: ATII), a publicly traded special purpose acquisition company (“ ATII ” or “ Archimedes II ”), today announced the filing with the U.S. Securities and Exchange Commission (the “ SEC ”), on June 22, 2026, of an amendment to the registration statement on Form S-4 (File No.: 333-295563) (as may be amended from time to time, the “ Registration Statement ”) previously filed in connection with the previously announced proposed business combination with Forge Nano, Inc. (“ Forge Nano ”). The Registration Statement includes a preliminary proxy statement/prospectus and has not yet been declared effective. The Registration Statement was filed by ATII Holdings Inc. (CIK 0002101833), ATII's wholly-owned subsidiary (“ Pubco ”), and Forge Nano (CIK 0001719324) and is available free of charge at the SEC's web site at www.sec.gov.

Peers Comparison

Key metrics vs top competitors for Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ATII logoATIIArchimedes Tech SPAC Partners II Co. Ordinary SharesCurrent
$10.85$321.05M36.17——6.85%—
ACIC logoACICAmerican Coastal Insurance Corporation
$11.35$550.07M5.2813.07%31.34%33.02%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.79$194.47M3.9336.55%-19.55%-3.39%—
GS logoGSThe Goldman Sachs Group, Inc.
$1055.29$325.03B20.56-1.38%16.31%14.31%—
MS logoMSMorgan Stanley
$222.10$350.31B21.7711.48%15.13%16.22%—
EVR logoEVREvercore Inc.
$355.48$13.75B25.3029.49%16.3%35.52%—

Compare ATII vs Peers

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ACIC

Most directly comparable listed peer for ATII.

Scale Benchmark

vs MS

Larger-name benchmark to compare ATII against a more recognizable public peer.

Peer Set

Compare Top 5

vs ACIC, TPVG, GS, MS

ATII SEC Filings & Documents

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Apr 22, 2026·SEC

Material company update

Apr 20, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 4, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

4
FY 2026

May 14, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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ATII Frequently Asked Questions

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
Is ATII profitable?

Yes, Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) is profitable, generating $8.5M in net income for fiscal year 2025.

Dividend & Returns
What is ATII's return on equity?

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) has a return on equity (ROE) of 6.9%. This is below average, suggesting room for improvement.

What is Archimedes Tech SPAC Partners II Co. Ordinary Shares's free cash flow?

Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII) had negative free cash flow of $0.7M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ATII back in 2024?

Total return calculator · dividends reinvested · 2+ years of data

See returns →