Paul Lichty, Chief Executive Officer and director of Forge Nano Holdings, Inc., filed a Schedule 13D with the SEC on October 29, 2026, reporting beneficial ownership of 16,532,751 shares of Common Stock following the company's October 22, 2026 Business Combination closing.

Key Highlights

  • Beneficial ownership reported: Paul Lichty disclosed sole voting and dispositive power over 16,532,751 shares of Common Stock, representing 7.5% of the class.
  • Shares received in Business Combination: Lichty received 15,644,258 shares of Common Stock and options to acquire 1,380,471 shares, of which 888,493 are exercisable within 60 days.
  • Total shares outstanding: 218,655,585 shares of Common Stock were outstanding as of October 22, 2026, according to the filing.
  • Earn-Out Shares excluded: Lichty has the right to receive 11,773,192 Earn-Out Shares and 1,035,356 performance stock units, neither of which is included in the reported beneficial ownership figure.
  • Business Combination closed October 22, 2026: Forge Nano, Inc. merged with Archimedes Tech SPAC Partners II Co. through a multi-step merger structure, resulting in the surviving public entity being renamed Forge Nano Holdings, Inc.
  • Source of shares: The filing states the source of funds code is "OO," indicating the shares were acquired through the Business Combination, not a cash purchase.

Paul Lichty's Ownership Position Following Forge Nano's SPAC Merger Close

According to the Schedule 13D, Paul Lichty co-founded Forge Nano, Inc., a Delaware corporation, in 2011 and currently serves as Chief Executive Officer and a member of the board of directors of Forge Nano Holdings, Inc. The filing describes Forge Nano Holdings as the surviving public entity formed when Archimedes Tech SPAC Partners II Co. ("ATII"), a Cayman Islands exempted company, completed a multi-step Business Combination with Forge Nano, Inc. on October 22, 2026. The company's principal executive offices are located at 12300 Grant Street, Suite 100, Thornton, Colorado 80241.

The filing details that in connection with the Business Combination, Forge Nano Holdings issued an aggregate of 218,655,585 shares of Common Stock. That total consisted of 7,370,932 shares issued to holders of ATII ordinary shares in a domestication merger, 116,015,828 shares issued to former Forge Nano stockholders, 5,268,825 shares issued to PIPE financing investors, and 90,000,000 Earn-Out Shares issued to an escrow agent and pending release upon achievement of certain milestones. Lichty's reported beneficial ownership of 16,532,751 shares includes his 15,644,258 directly received shares plus 888,493 shares underlying options exercisable within 60 days, as the filing explains in its footnote to Row 13 of the cover page.

The filing states that Lichty acquired the reported shares "for investment purposes." The Schedule 13D further notes that, beyond his current holdings, Lichty may in the future consider plans or proposals related to extraordinary transactions, composition of the board, acquisition of additional securities, or other matters described in Item 4 of Schedule 13D, though no specific plans of that nature are disclosed at this time. The filing states Lichty "may change his intentions with respect to any and all matters referred to in this Item 4 at any time and without prior notice."

What Was Disclosed

Paul Lichty, CEO of Forge Nano Holdings, Inc., filed a Schedule 13D reporting beneficial ownership of 16,532,751 shares, or 7.5%, of the company's Common Stock, acquired through the October 22, 2026 closing of a SPAC Business Combination involving Archimedes Tech SPAC Partners II Co. and Forge Nano, Inc.