Archimedes Tech SPAC Partners III Co. (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chairman Eric R. Ball and CEO Long Long, today announced the upsized pricing of its initial public offering of 24,000,000 units at an offering price of $10.00 per unit, for total gross proceeds of $240 million. Each unit consists of one ordinary share and one-fourth of one redeemable warrant, with each whole warran

Archimedes Tech SPAC Partners III Co. (Nasdaq: ARCIU) (the “Company”) today announced the closing of its upsized initial public offering of 27,600,000 units, which includes 3,600,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $276,000,000, before deducting underwriting discounts and estimated offering expenses. The Company’s units began trading on The