Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On April 21, 2022, Archimedes Tech SPAC Partners Co. (the "Company") issued an unsecured promissory note in the aggregate principal amount of $167,954.68 (the "Note") to SPAC Partners LLC, an affiliate of Stephen N. Cannon, the Company's Chief Executive Officer. The Note does not bear interest and matures upon closing of the Company's initial business combination. In the event that the Company does not consummate a business combination, no payment shall be due and the principal balance of the Note will be forgiven. The proceeds of the Note will be used for working capital purposes, including payment of taxes.

The foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits:



Exhibit   Description
10.1        Promissory Note, dated April 21, 2022.
104       Cover Page Interactive Data File - the cover page XBRL tags are embedded
          within the Inline XBRL document.




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