Forge Nano, Inc. has announced the completion of its previously announced business combination with Archimedes Tech SPAC Partners II Co. (ATII). The combined company will operate under the name Forge Nano Holdings, Inc. The transaction was approved by ATII shareholders at an extraordinary general meeting held on October 16, 2026.
Following the consummation of the business combination, Forge Nano Holdings, Inc. has registered its common stock and warrants with the SEC. The company’s common stock and warrants are expected to commence trading on the Nasdaq Stock Market under the ticker symbols “NANO” and “NANOW,” respectively, on October 22, 2026.
In connection with the meeting, holders of ATII’s initial public offering shares exercised their right to redeem their shares. These holders redeemed approximately 22,219,068 shares for a total of approximately $238.4 million. The remaining balance in the trust account immediately prior to the closing of the business combination was approximately $8.4 million.
Forge Nano specializes in Atomic Layer Deposition (ALD) technology, specifically its proprietary Atomic Armor platform. The company focuses on commercializing this technology for semiconductor manufacturing equipment and advanced battery materials for commercial and defense applications. The company recently expanded its semiconductor manufacturing footprint in Taiwan, demonstrated 1,000:1 high-aspect-ratio coatings on customer wafers, expanded its relationship with Samsung SDI, announced a joint development agreement with Nanexa, and broke ground on a battery gigafactory in North Carolina.
BTIG, LLC served as the lead capital markets advisor and PIPE placement agent. Cohen & Company Capital Markets served as financial advisor, capital markets advisor, and PIPE placement agent. Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Forge Nano, while Loeb & Loeb LLP served as legal counsel to Archimedes II.
