ATSPU News

Archimedes Tech SPAC Partners, a blank check company targeting AI, cloud services, and auto-tech, raised $120 million by offering 12 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one subunit and one-fourth of a warrant, exercisable at $11.50. Each subunit consists of one share of common stock and one-fourth of a warrant,...read more

Archimedes Tech SPAC Partners, a blank check company targeting AI, cloud services, and auto-tech, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Claymont, DE-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one subunit and one-third of a warrant, exercisable at $11.50. Each subunit...read more