Mergers & Acquisitions ·
Forge Nano completes SPAC merger with ATII, raising $238.4M in redemptions
NANOForge Nano Holdings, Inc.
Forge Nano Holdings has completed its business combination with Archimedes Tech SPAC Partners II Co., resulting in the company becoming a publicly traded entity on NASDAQ under the ticker symbol NANO. The transaction involved significant shareholder activity, with holders of 22,219,068 public shares exercising their redemption rights at approximately $10.73 per share, totaling roughly $238.4 million in cash outflows from the trust account. Following the merger, the combined entity operates as Forge Nano Holdings, Inc., and its securities are expected to begin trading on October 22, 2026. The company plans to ring the NASDAQ Opening Bell on October 28, 2026. Forge Nano is a U.S.-based semiconductor equipment and advanced materials firm specializing in Atomic Layer Deposition technology for AI-era chip manufacturing and battery applications.