Updated:
Archimedes Tech SPAC Partners II Co.
Eric Ball's Archimedes Tech SPAC Partners II Co. filed a $200M IPO to target enterprise technology businesses in the US and Southeast Asia.
Archimedes Tech SPAC Partners II Co.
Archimedes Tech SPAC Partners II Co. filed its initial public offering in 2021, registering to raise $200 million to pursue a technology-focused business combination. The firm is led by CEO Eric Ball, whose tenure as Vice President and Treasurer at Oracle included oversight of a multi-billion-dollar corporate venture book. CFO Long Long provides the quantitative architecture for the vehicle, having previously served in senior financial roles at technology-focused enterprises. The second Archimedes vehicle targets late-stage enterprise technology companies, specifically those with established revenue trajectories in sectors including enterprise software, artificial intelligence, cybersecurity, and industrial technology. The sponsor team has publicly indicated a dual-geography mandate, screening targets across the United States and Southeast Asia. Prior SPAC experience from the Archimedes sponsor group includes the successful closing of the original Archimedes Tech SPAC Partners Co., which completed a business combination to take a technology company public. The issuer was structured as a Cayman Islands exempted company with units listed on the Nasdaq. Standard SPAC architecture provides for a two-year deployment window, with proceeds held in trust pending a definitive agreement. The sponsor entity, Archimedes Tech Sponsor II LLC, committed to purchasing warrants in a private placement concurrent with the IPO — a typical alignment mechanism that places sponsor capital at risk alongside public shareholders. The franchise represents a pattern of serial SPAC sponsorship built from an operating executive base rather than a buy-side financial pedigree. Most SPAC sponsors originate from private equity or hedge fund platforms. Archimedes is organized around a former corporate development executive who spent years deploying strategic capital inside a public technology enterprise, giving the sponsor group a distinct lens on valuation and post-merger integration that differs materially from peer blank-check sponsors.
General information
Firm type
Asset Manager
Year founded
2021
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Eric R. Ball
Chief Executive Officer
Long Long
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Archimedes Tech SPAC Partners II Co.?
CEO Eric Ball leads the sponsor team, bringing corporate venture and treasury experience from Oracle, where he managed a $400 million portfolio. CFO Long Long handles financial structuring. The small, operator-led group makes consensus decisions on target selection and business combination negotiations.
How is Archimedes Tech SPAC Partners II different from the first Archimedes SPAC?
The second vehicle raised $200 million compared to the first Archimedes Tech SPAC Partners Co., which raised $130 million in 2020 and completed its business combination. The sequel benefits from a demonstrated track record of closing a de-SPAC transaction and the sponsor's enhanced reputation with target company management teams.
What types of companies does Archimedes Tech SPAC Partners II target?
The SPAC targets late-stage enterprise technology companies in sectors including enterprise software, artificial intelligence, cybersecurity, and industrial technology. Geographic focus spans the United States and Southeast Asia, with a preference for companies that have established revenue and are seeking a public listing via the de-SPAC route.
What is Eric Ball's background before Archimedes?
Eric Ball served as Vice President and Treasurer at Oracle, where he oversaw global cash management and a $400 million corporate venture capital portfolio. Before Oracle, Ball served as General Counsel at C3.ai, an enterprise AI software company, and practiced law at Wilson Sonsini Goodrich & Rosati, giving him a blend of legal, financial, and operating expertise.
Where is the capital held before a deal is announced?
As with all US-listed SPACs, the $200 million in IPO proceeds is held in a trust account until shareholders approve a business combination. If no deal is completed within the specified timeframe — typically 24 months — the trust is liquidated and returned to public shareholders.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: