February 12, 2025 · Form 4 insider transaction
Archimedes Tech SPAC Sponsors II LLC bought 265,000 shares of Archimedes Tech SPAC Partners II Co., a transaction worth N/A. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 0 days after the transaction.
Reflects the 530,000 private units owned by Archimedes Tech SPAC Sponsors II LLC, the Issuer's sponsor. Each private unit consists of one ordinary share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one ordinary share for $11.50 per share, subject to adjustment. The private units were purchased at $10.00 per unit for an aggregate purchase price of $5,300,000.; The warrants included in the private units will become exercisable at the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of its initial business combination and will expire five years after the completion of the initial business combination or earlier upon redemption or liquidation.