0001840856 false 0001840856 2021-08-26 2021-08-26 0001840856 ATSPU:UnitsEachConsistingOfOneSubunitAndOnequarterOfOneWarrantMember 2021-08-26 2021-08-26 0001840856 ATSPU:SubunitsIncludedAsPartOfUnitsEachConsistingOfOneShareOfCommonStock0.0001ParValueAndOnequarterOfOneWarrantMember 2021-08-26 2021-08-26 0001840856 ATSPU:CommonStockParValue0.0001PerShareMember 2021-08-26 2021-08-26 0001840856 ATSPU:RedeemableWarrantsMember 2021-08-26 2021-08-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 26, 2021

 

Archimedes Tech SPAC Partners Co.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-40193   86-1286799
(State or other jurisdiction
of  incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

2093 Philadelphia Pike #1968
Claymont, DE 19703

 

(Address of Principal Executive Offices and Zip Code)

 

Registrant’s telephone number, including area code: (650) 560-4753

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
         
Units, each consisting of one subunit and one-quarter of one warrant   ATSPU   The Nasdaq Stock Market LLC
         
Subunits included as part of the units, each consisting of one share of common stock, $0.0001 par value, and one-quarter of one warrant   ATSPT   The Nasdaq Stock Market LLC
         
Common stock, par value $0.0001 per share   ATSP   The Nasdaq Stock Market LLC
         
Redeemable warrants   ATSPW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 

  

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On August 26, 2021, Archimedes Tech SPAC Partners Co. (the “Company”) received a notice (the “Notice”) from the Nasdaq Stock Market LLC (the “Nasdaq”) indicating that the Company is not in compliance with Nasdaq Marketplace 5250(c)(1) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 with the U.S. Securities and Exchange Commission (the “SEC”).

 

 The Notice has no immediate impact on the listing of the Company’s securities, which will continue to trade on Nasdaq, subject to the Company’s compliance with the continued listing requirements of Nasdaq. Subsequently, on August 27, 2021, the Company filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 with the SEC, which the Company believes brings it back into compliance with the Nasdaq Listing Rules.

  

On August 30, 2021, the Company issued a press release announcing its receipt of the Notice. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)       Exhibits.

 

Exhibit No.   Description
99.1   Press Release, dated August 30, 2021.

 

 

 

1

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: August 30, 2021

 

Archimedes Tech SPAC Partners Co.  
     
By: /s/ Stephen N. Cannon  
Name:  Stephen N. Cannon  
Title: Chief Executive Officer  

 

 

 

2