markets · · seekingalpha.com
Forge Nano - Powering Ahead With The SPAC Merger
Shareholders recently approved the merger between Archimedes Tech SPAC Partners II Co. and semi equipment and battery materials company Forge Nano, which is expected to trade on the NASDAQ under the ticker NANO once the closing conditions are satisfied. Forge Nano is backed by prominent shareholders such as General Motors, Volkswagen, Samsung SDI, LG Technology Ventures, Mitsui, and Sumitomo. The resultant company boasts a $100 million DoE grant, $84 million in binding off-take agreements, and a total forward pipeline in excess of $2 billion.
Shareholders recently approved the merger between Archimedes Tech SPAC Partners II Co. and semi equipment and battery materials company Forge Nano, which is expected to trade on the NASDAQ under the ticker NANO once the closing conditions are satisfied. Forge Nano is backed by prominent shareholders such as General Motors, Volkswagen, Samsung SDI, LG Technology Ventures, Mitsui, and Sumitomo. The resultant company boasts a $100 million DoE grant, $84 million in binding off-take agreements, and a total forward pipeline in excess of $2 billion.
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