Archimedes Tech SPAC Partners III (Ticker: ARCIU US) is a Cayman Islands-incorporated blank check company formed to effect a merger, share exchange, asset acquisition, or similar business combination. The company intends to focus its search on targets involved in artificial intelligence, cloud services, and automotive technology.

The company plans to list on the NASDAQ on January 23, 2026. According to pricing reports, Archimedes Tech SPAC Partners III raised $240 million by offering 24 million units at $10.00 per unit, upsizing from an initial target of $200 million. Each unit comprises one share of common stock and one-quarter of a warrant. The company reportedly holds a market capitalization of approximately $255.8 million.

Led by Chairman Eric Ball and CEO Long Long, the company represents the third SPAC vehicle from this management team; a previous entity merged with SoundHound AI in 2022. As a Special Purpose Acquisition Company (SPAC), the IPO proceeds are intended to fund the search for and completion of a business combination. BTIG acted as the sole bookrunner for the transaction.