• Archimedes Tech SPAC Partners II (NASDAQ: ATII) published a Forge Nano business combination presentation outlining plans to take Forge Nano public, with expected close in Q3 2026.
• Transaction terms call for about $317 million net cash to Forge Nano at closing on a $1.2 billion pre-money valuation, implying about $1.6 billion enterprise value subject to redemptions and final PIPE.
• Deal structure includes up to $900 million performance earnout tied to $15, $20, $25 share-price tiers or $400 million, $600 million, $800 million in 12-month trailing revenue within five years of closing.
• Presentation sets Phase 1 targets of $14.5 million revenue in 2025, rising to $76 million by 2027, including semiconductor equipment revenue growth from $5.7 million to $45 million over the period.
• Scale plan centers on a 3 GWh Morrisville, North Carolina battery facility backed by a $100 million DOE grant, with Phase 2 annual revenue potential of about $460 million base case and over $1 billion high case.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Archimedes Tech SPAC Partners II Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-013968), on April 30, 2026, and is solely responsible for the information contained therein.