--- title: "Archimedes Tech SPAC Partners II 10-K: $0 Revenue, $7.99M Net Income" type: "News" locale: "en" url: "https://longbridge.com/en/news/277767849.md" description: "Archimedes Tech SPAC Partners II reported no operating revenue for the year, with a net income of $7.99 million primarily from interest income on its IPO trust holdings. The company incurred operating losses due to general and administrative expenses while maintaining substantial trust assets for future acquisitions. The filing indicates readiness to pursue technology-focused business combinations, particularly in artificial intelligence and cloud services, supported by formed subsidiaries and trust investments. Trust proceeds are invested in short-term U.S. government instruments, with cash allocated for transaction diligence." datetime: "2026-03-04T11:05:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277767849.md) - [en](https://longbridge.com/en/news/277767849.md) - [zh-HK](https://longbridge.com/zh-HK/news/277767849.md) --- # Archimedes Tech SPAC Partners II 10-K: $0 Revenue, $7.99M Net Income Archimedes Tech SPAC Partners II reported no operating revenue for the year and an omitted EPS figure per the filing's presentation rules; net income was $7.99 million driven primarily by interest income on its IPO trust holdings offset by public-company costs. The company recorded operating losses reflecting general and administrative expenses while maintaining substantial trust assets established at IPO to fund future acquisitions. The filing outlines the company's readiness to pursue technology-focused business combinations supported by formed subsidiaries and trust investments. **Financial Highlights** - **Revenue:** $0 — the company has not generated any operating revenues to date. - **Gross Profit:** $0 — no operations or sales reported during the period. - **Operating Income:** $(785,975) — reflecting general and administrative expenses for the year. - **Net Income:** $7.99 million — primarily interest earned on the trust account of $8.71 million less G&A expenses. - **Net Income Per Share:** Not presented in report — metric omitted per instructions. **Business Highlights** - **IPO & Capital Formation:** Completed an initial public offering and private placement, establishing a $231.15 million trust to fund target acquisitions and related operations. - **Business Focus & Strategy:** Targets acquisitions in the technology sector with emphasis on artificial intelligence, cloud services, and automotive technology to drive growth post-business combination. - **Operational Readiness:** Formed three Delaware subsidiaries and incurred public-company infrastructure and diligence costs to pursue business combinations. - **Liquidity & Use of Funds:** Trust-held proceeds are invested in short-term U.S. government instruments; cash outside the trust is allocated for transaction diligence and deal sourcing activities. Original SEC Filing: Archimedes Tech SPAC Partners II Co. \[ ATII \] - 10-K - Mar. 03, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [ATII.US](https://longbridge.com/en/quote/ATII.US.md) - [ATIIU.US](https://longbridge.com/en/quote/ATIIU.US.md) ## Related News & Research - [Cerebras IPO Euphoria Sends CBRS Stock Into Rare Air](https://longbridge.com/en/news/286763495.md) - [Is AI a bubble? It’s starting to get soapy](https://longbridge.com/en/news/286937439.md) - [Aperture AC Announces the Pricing of $90,000,000 Initial Public Offering | APUR Stock News](https://longbridge.com/en/news/287124227.md) - [Google's latest AI flex came with Silicon Valley's new favorite word](https://longbridge.com/en/news/286951990.md) - [02:31 ETDatamaran mejora su plataforma central basada en IA](https://longbridge.com/en/news/287168453.md)