Archimedes Tech SPAC Partners II Co. (Nasdaq: ATII) announced on October 16, 2026, that its shareholders have approved the previously announced business combination with Forge Nano, Inc. The approval was secured during an Extraordinary General Meeting held on that date.
According to the filing, the merger agreement outlines a multi-step transaction structure. Following the merger, the combined company, to be named Forge Nano Holdings, Inc., will operate as a Delaware corporation. The transaction involves the merger of Archimedes Tech SPAC Partners II Co. into a newly formed subsidiary, followed by mergers involving Forge Nano and additional subsidiaries.
Shareholder voting results show strong support for the deal. Of the 29,590,000 ordinary shares issued and outstanding as of the record date on September 1, 2026, approximately 55.9% were represented at the meeting. The proposals received the following votes:
- Proposal 1 (Business Combination): 15,416,866 votes in favor.
- Proposal 2 (Domestication Merger): 15,416,837 votes in favor.
- Proposal 3 (Director Election): All seven proposed directors received over 15.4 million votes in favor.
- Proposal 4 (Stock Issuance): 15,416,637 votes in favor.
- Proposal 5 (Organizational Documents): 15,416,637 votes in favor.
The combined company is expected to trade on Nasdaq under the ticker symbols "NANO" for common stock and "NANOW" for warrants. The transaction is anticipated to close in the coming days, subject to the satisfaction of remaining closing conditions.
Forge Nano is described as a U.S.-based semiconductor equipment and advanced materials company specializing in Atomic Layer Deposition technology. Its platform, Atomic Armor, is used for coating in AI-era chip manufacturing and defense battery applications.
