---
title: "ARCHIMEDES TECH SPAC PARTNERS II CO C/WTS 15/10/2029 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD 0.06"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240230884.md"
datetime: "2025-05-14T20:17:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240230884.md)
  - [en](https://longbridge.com/en/news/240230884.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240230884.md)
---

# ARCHIMEDES TECH SPAC PARTNERS II CO C/WTS 15/10/2029 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD 0.06

EPS: As of FY2025 Q1, the actual value is USD 0.06.

### Segment Revenue

-   The company has not commenced any operations and does not expect to generate operating revenues until after the completion of its initial Business Combination.

### Operational Metrics

-   For the three months ended March 31, 2025, the company reported a net income of $1,159,223, primarily due to interest income of $1,305,884 earned on cash held in the Trust Account, offset by general and administrative expenses of $146,661.

### Cash Flow

-   Net cash used in operating activities for the three months ended March 31, 2025, was - $254,007.
-   Cash flows from investing activities resulted in - $231,150,000 due to the investment of cash in the Trust Account.
-   Cash flows from financing activities provided $233,267,180, primarily from the proceeds of the Initial Public Offering and Private Placement Units.

### Unique Metrics

-   The company completed its Initial Public Offering on February 12, 2025, raising gross proceeds of $230,000,000 through the sale of 23,000,000 Units, including the full exercise of the underwriters’ over-allotment option.

### Future Outlook and Strategy

-   **Core Business Focus**: The company intends to focus on business combinations within the technology industry, specifically targeting sectors such as artificial intelligence, cloud services, and automotive technology.
-   **Non-Core Business**: The company has not selected any Business Combination target and is in the process of identifying and evaluating potential target businesses.
-   The company has until 21 months from the closing of the IPO to complete a Business Combination, failing which it will redeem public shares and liquidate.

### Related Stocks

- [ATIIW.US](https://longbridge.com/en/quote/ATIIW.US.md)

## Related News & Research

- [FACTBOX-IPO-bound SpaceX's board is stacked with Musk empire loyalists](https://longbridge.com/en/news/287206089.md)
- [IBM Stock Surges on $1B Quantum Boost as Dan Ives Sees "Massive Upside"](https://longbridge.com/en/news/287265274.md)
- [ANALYSIS-Why SpaceX's mega IPO may not signal a broader rebound in listings](https://longbridge.com/en/news/287215490.md)
- [Why Did IonQ Stock Pop Today?](https://longbridge.com/en/news/287244531.md)
- [GRAPHIC-Major takeaways from Magnificent Seven's AI-fueled earnings](https://longbridge.com/en/news/287224928.md)