Archimedes Tech SPAC Partners III, a blank check company targeting AI, cloud services, and automotive tech, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering.
The company plans to raise $200 million by offering 20 million units at $10.00. Each unit consists of one share of common stock and one-quarter of one warrant, exercisable at $11.50.
Archimedes Tech SPAC Partners III is led by Chairman Eric Ball, a Founding General Partner at Impact Venture Capital. He is joined by CEO and Director Long Long, who spent a decade at IBM, most recently serving as Finance Controller for IBM China's Consulting Business Unit and Sales Channels.
Management's previous SPACs include Archimedes Tech SPAC Partners II (ATIIU; 5% from $10 offer price), which raised $200 million in March, and Archimedes Tech SPAC Partners, which completed its business combination with voice AI company SoundHound AI (Nasdaq: SOUN; +10%) in April 2022.
The Claymont, DE-based company was founded in 2025 and plans to list on the Nasdaq under the symbol ARCIU. Archimedes Tech SPAC Partners III filed confidentially on October 8, 2025. BTIG is the sole bookrunner on the deal.
