Forge Nano to Merge With Archimedes Tech SPAC in $1.6 Billion De-SPAC Transaction

Paul, Weiss is advising Forge Nano, Inc., a leading U.S.-based semiconductor equipment and advanced materials company, in its approximately $1.6 billion business combination with publicly traded special purpose acquisition company Archimedes Tech SPAC Partners II Co. Forge Nano is the maker of proprietary nanocoating platform technology for AI-era chip manufacturing and defense battery applications. Under the terms of the deal, the combined company will be publicly listed and operate as Forge Nano, Inc. The transaction is expected to close in the second half of 2026, subject to customary closing conditions.

The Paul, Weiss team is led by corporate partners Benjamin Goodchild, Timothy Cruickshank and Christodoulos Kaoutzanis, and includes partner Caroline Epstein; executive compensation partner Christopher Gonnella; tax partner Brian Krause; intellectual property partner Brianna van Kan; and litigation counsel Audrey Paquet.