Forge Nano completes SPAC merger and begins Nasdaq trading under NANO
Forge Nano Holdings finished its business combination with Archimedes Tech SPAC Partners II after a shareholder vote on October 16, 2026. The combined company started trading its common stock and warrants on Nasdaq on October 22, 2026 under the symbols NANO and NANOW. The firm will ring the Nasdaq opening bell on October 28, 2026 and has secured a $100 million U.S. Department of Energy grant and a $20 million strategic investment from Samsung SDI to fund its battery‑manufacturing project.
Why it matters
The listing gives Forge Nano access to public‑market capital, which can finance its expansion of semiconductor equipment and defense‑grade battery production. The federal grant and Samsung SDI funding provide non‑dilutive resources to accelerate the North Carolina gigafactory, potentially enhancing domestic supply for AI chips and defense batteries.
Key facts
- 1Shareholders approved the merger on October 16, 2026. investing.com
- 2Common stock and warrants began trading on Nasdaq on October 22, 2026 under the ticker symbols NANO and NANOW. scanx.trade
- 3Forge Nano will ring the Nasdaq opening bell on October 28, 2026. stocktitan.net
- 4The U.S. Department of Energy awarded a $100 million grant to support domestic battery manufacturing. stocktitan.net
- 5Samsung SDI committed a $20 million strategic investment, split evenly between Series D and PIPE financing. scanx.trade
- 6BTIG served as lead capital‑markets advisor and PIPE placement agent; Cohen & Company Capital Markets acted as financial advisor and co‑placement agent. investing.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.