Archimedes Tech SPAC Partners III Co. Announces the Upsized Pricing of $240 Million Initial Public Offering
- spacpartners
- Jan 23
- 1 min read
Updated: Jan 26
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 warrant entitling the holder thereof to purchase one ordinary share at $11.50 per share. The units are expected to trade on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “ARCIU” beginning January 23, 2026. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the ordinary shares and the warrants are expected to be traded on Nasdaq under the symbols “ARCI” and “ARCIW,” respectively.
See full press release here.
