Archimedes Tech SPAC II to Merge with Forge Nano

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2026.04.22 10:42
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Archimedes Tech SPAC Partners II Corporation (ATII) has announced a merger with Forge Nano, a U.S. advanced manufacturing company specializing in semiconductor tools and lithium-ion batteries. The merger, valued at approximately $1.2 billion, aims to leverage $342 million in gross proceeds to enhance U.S. production capacity and technology. The deal, expected to close in the second half of 2026, positions Forge Nano to tap into a $359 billion market by 2034, supported by strategic investors and a U.S. Department of Energy grant.