Forge Nano Holdings, Inc. · NASDAQ:NANO
Forge Nano — SPAC Merger (September 2026)
44 slides from Forge Nano's SPAC merger presentation, Sep 22, 2026
Slide 1: The Future of Manufacturing Innovation
CONFIDENTIAL © FORGE NANO 2026. ALL RIGHTS RESERVED September 22, 2026 The Future of Manufacturing Innovation Forge Nano Pre-Listing Analyst & Investor Update
Slide 2: Disclaimer
Disclaimer This document may include certain “forward-looking statements”, estimates, projections and/or information of a general economic or general industry nature provided by the management of the Company (as defined herein) with respect to management’s subjective views of the anticipated future
Slide 3: Today's Presenters
Today’s Presenters Paul Lichty, Ph.D. CEO, Forge Nano Co-founder and CEO of Forge Nano; Dr. Lichty invented the method of high throughput material surface engineering (atomic layer deposition, or ALD). Dr. Lichty founded Forge Nano as a spin out from the University of Colorado Boulder in 2011.
Slide 4: Connected Circular Future of Manufacturing
Connected Circular Future of Manufacturing Automated Smarter Atomically Precise
Slide 5: Global Manufacturing – China vs Made in America
Global Manufacturing – China vs Made in America China has out-manufactured the U.S. since 2011 China U.S. 1980 1990 2000 2010 2020 ’23 0% 5% 10% 15% 20% 25% 30% 35% * Output measured on a value-added basis in current U.S. dollars. Prior to 2004, Chinese data includes mining and utilities. Source: Un
Slide 6: Strengthening America's Critical Infrastructure, One Atom at a Time
Semiconductor Capital Equipment Strengthening America’s Critical Infrastructure, One Atom at a Time One American technology platform. From materials to manufacturing. Atomic Armor® Platform Atomic Armor® Coatings-as-a-Service Lithium-Ion Battery Cells Atomic-scale precision → industrial-scale manufa
Slide 7: One Technology Platform. Transforming Critical Industries
Energy Storage • Better, more resilient batteries with more energy, longer operating & shelf life • U.S.-made, with U.S. supply chain One Technology Platform. Transforming Critical Industries Advanced Materials Defense & Aerospace • Lighter systems = more payload • Advanced propulsion and operating
Slide 8: Atomic Armor: Atom-by-Atom Coatings, At Scale
Atomic Armor® : Atom-by-Atom Coatings, At Scale Ultra-thin coatings engineered onto material surfaces to improve performance, durability and efficiency Atom-by-Atom Preventing Detrimental Surface Reactions Purge Purge Pulse A Pulse B Pulse A Pulse B Forge Nano’s Platform Technology Conformal Coating
Slide 9: Patented Tech Improves Products With Speed & Scale
Patented Tech Improves Products With Speed & Scale Forge Nano Atomic Armor® M aterial C o atin g s “Fog” Deposition Turbulent Flow “Fog” coating surrounds all external surfaces All surfaces of “floating” material coated conformally S u b strate C o atin g s Voids Narrowing “Rain” Deposition Directio
Slide 10: Atomic Armor Opens New Critical Market Opportunities
Atomic Armor® Opens New Critical Market Opportunities More Powerful Magnets More Robust Batteries Time-release Fertilizer Zero-bacterial Surfaces More Efficient Small Modular Reactors Stronger 3D Prints More Reliable Mobile Devices Lighter Drones Faster, more efficient AI Chips Time-controlled Vacci
Slide 11: Outsourced Innovation Pipeline
Outsourced Innovation Pipeline Forge Nano places smaller systems across universities, national labs and global corporates – expanding R&D without building every lab internally. Forge Nano has incubated multiple applications and markets and has received over $127M for grants associated with research
Slide 12: Post-BCA Momentum: Commercial Traction, Strategic Partners & Execution
Post‑BCA Momentum: Commercial Traction, Strategic Partners & Execution
Slide 13: 1000:1 ALD Unlocks NAND / DRAM / HBM Scaling
1000:1 ALD Unlocks NAND / DRAM / HBM Scaling A rare semiconductor innovation that improves yield, throughput and cost simultaneously February 5, 2026 "...we've fundamentally eliminated the primary bottleneck constraining the next-generation of semiconductor architectures." Forge Nano Transforms Adva
Slide 14: Taiwan Opens Door to Memory / Logic / AI Market
Taiwan Opens Door to Memory / Logic / AI Market Partnership with local contract manufacturer enables quicker market entry point March 24, 2026 "….we are delivering faster response, higher uptime, and the process-level partnership required…" Forge Nano Announces Opening of Taiwan Office to Accelerate
Slide 15: Photonics Deployment Validates ALD for AI Infrastructure
Photonics Deployment Validates ALD for AI Infrastructure Production ALD for next-generation optical and photonic devices "…increasingly critical components of the global AI and data infrastructure buildout." Forge Nano Delivers Semiconductor Wafer Fab Equipment to Leading Fortune Global 500 Communic
Slide 16: Samsung SDI Partnership De-Risks Scale-Up
SDI Investment $20M Samsung SDI Partnership De‑Risks Scale-Up Authorized U.S. distributor of Samsung SDI cells; Atomic Armor® planned for future Samsung products Forge Nano Forms Landmark Strategic Partnership with Samsung SDI to Enable U.S. Production of Advanced Battery Cells June 25, 2026 Start-o
Slide 17: Strengthened U.S. Supply Chain for Defense Batteries
Strengthened U.S. Supply Chain for Defense Batteries Atomic Armor®-coated Group14 SCC55® silicon-carbon, built into Forge Nano cells Forge Nano and Group14 Advance U.S.-Made High-Performance Battery Cells with U.S. Material Supply Chain May 28, 2026 "…a domestically sourced, high-performance cell th
Slide 18: Cleared a Critical Gate for Defense Battery Revenue
Cleared a Critical Gate for Defense Battery Revenue Thornton, Colorado battery line producing DoW test cells from U.S.-only materials "…a critical step in unlocking future battery revenue.” Forge Nano Achieves ISO 9001 Certification as Demand Grows for U.S.-Made Battery Supply Chains May 7, 2026 All
Slide 19: AI-Driven Battery Scale-Up
AI-Driven Battery Scale-Up Advanced AI analytics deployed across Forge Nano’s U.S. battery development and manufacturing operations "…[Voltaiq] help[s] companies like Forge Nano leverage AI on real battery problems, scale their operations, and compete more effectively." Forge Nano Expands Partnershi
Slide 20: Construction Underway: 2028 Demand for U.S. Batteries Increases
Construction Underway: 2028 Demand for U.S. Batteries Increases "That is exactly the kind of manufacturing capacity our country needs.” Forge Nano Breaks Ground on "America's Battery Gigafactory" to Strengthen U.S. Defense Supply Chains August 19, 2026 - Audrey Robertson, Assistant Secretary, U.S. D
Slide 21: Partners & Supporters
Partners & Supporters Strategic Investor Base Manufacturing and Construction Partners U.S. Government Backing
Slide 22: Updated Capital Stack Supports Execution Across Platform
Updated Capital Stack Supports Execution Across Platform $97M Series D closed and $123M in PIPE commitments, adding financial capacity and strategic alignment ahead of listing "…a strong vote of confidence from both strategic and financial investors." Forge Nano Secures Additional $23 Million in PIP
Slide 23: Strategic Acquisition In Progress: HZO
Strategic Acquisition In Progress: HZO Expanding Forge Nano into a full-spectrum advanced coatings platform with proven commercial scale and defense-grade credentials Forge Nano and HZO have entered into a term sheet pursuant to which Forge Nano would acquire 100% of the equity of HZO for an aggrega
Slide 24: HZO – Coatings as a Service: Market & Synergy
Market & Synergy HZO – Coatings as a Service: Validated by the Customers Who Demand the Most Sampling of Current & Past Customers Technology Proof Points $1.8B Global Manufacturing Footprint Global Parylene Coating Market — 2025 Growing to $3.4B by 2034 at 7.3% CAGR Defense Electronics Protection (I
Slide 25: Roadmap & Vision
Roadmap & Vision
Slide 26: Current Semiconductor Business
Current Semiconductor Business Growing 200mm tool demand due to high throughput, high aspect ratio capabilities. Photonics market focus Better aspect ratio than coating competitors >100x Tool build capabilities with additional cleanroom space 2x 10x Higher ALD throughput with proprietary process 88x
Slide 27: Future Semiconductor Business
Future Semiconductor Business Atomic Armor platform scaled into 300mm tool offering for leading-edge logic, memory and AI applications Single wafer ALD semiconductor capital equipment market to grow between 9-13% to $5.1-$6.1B between 2024 and 2040. Forge Nano intends to grow market share with 300mm
Slide 28: Current Battery Business
Current Battery Business Distributing Samsung cells, building 100% U.S. cells on CO prototype line and utilizing contract manufacturers for additional cell builds Forge Nano battery revenue via Samsung cell distribution agreement and smaller-scale cell builds for defense customers. Forge Nano-Distri
Slide 29: Future Battery Business
Future Battery Business 3 GWh/year battery manufacturing facility expected to be at full capacity to serve both Samsung and Forge Nano cell customers. Future Atomic Armor-enhanced Samsung cells planned. Forge Nano-Produced Battery Cells Forge Nano-Enhanced Samsung Cells 3 GWh/year Gigafactory produc
Slide 30: Current Atomic Armor Coatings as a Service
Current Atomic Armor® Coatings as a Service General Motors Volkswagen 6k Energy Nouveau Monde Graphite Current Applications Additive manufacturing Battery materials Implantables Rocket fuel
Slide 31: Future Coating as a Service Verticals
Future Coating as a Service Verticals
Slide 32: Future Coating-as-a-Service Verticals
Future Coating-as-a-Service Verticals Pharmaceuticals Rare Earth Minerals Quantum Chips Magnets
Slide 33: Forge Nano and Nanexa Partner to Advance ALD Manufacturing
Forge Nano and Nanexa Partner to Advance ALD Manufacturing Collaboration intended to develop scalable, GMP-capable ALD manufacturing technology for Nanexa pharma programs September 22, 2026 "This collaboration is an important milestone, and the timing of the partnership is well aligned with our proj
Slide 34: Nanexa x Forge Nano: Redefining ALD Manufacturing for Injectables
Nanexa x Forge Nano: Redefining ALD Manufacturing for Injectables, One Layer At a Time Mårten Rooth CTO & Co-Founder, Nanexa Mårten Rooth is a co-founder of Nanexa and holds a PhD in Materials Chemistry from Uppsala University. He has extensive expertise in Atomic Layer Deposition (ALD) and has auth
Slide 35: Long-Acting Injectables For Patient-Centric Care
Long-Acting Injectables For Patient-Centric Care Using Nanexa’s PharmaShell® Preclinical data used to simulate pk profile of repeated dosing. Modelled results are not clinical outcomes Simulated PK profile: marketed GLP-1 vs PharmaShell candidates Weekly marketed GLP-1 Monthly candidate Quarterly ca
Slide 36: Atomic-Scale Control of Pharmaceutical Drug Release
Atomic-Scale Control of Pharmaceutical Drug Release Nanometer-scale conformal coatings can turn the API particle itself into a programmable release system Conformal nano-coating of each API particle Imprecise Release Formulation Complexity Short Shelf Life The Limit of Conventional Formulation Progr
Slide 37: Atomic-Scale Manufacturing For The Quantum Computing Race
Atomic-Scale Manufacturing For The Quantum Computing Race Quantum performance increasingly becomes a materials + interfaces problem – exactly where atomic-layer precision can matter. Conformal atomic-layer engineering Noise & Decoherance Interface / Dielectric Loss 3D + High-Aspect Ratio Features Th
Slide 38: America's Push to Reshore Critical Manufacturing
America’s Push to Reshore Critical Manufacturing Advanced manufacturing needs a resurgence in the U.S. at the scale the mission demands 80 In China % Lithium-ion production1 7 In the U.S. % Lithium-ion production1 Beginning in 2028, DoW procurement requirements accelerate the need for a secure domes
Slide 39: Forge Nano Reduces Critical Rare-Earth Demand
Forge Nano Reduces Critical Rare-Earth Demand Atomic-scale magnet engineering enables manufacturers to use less Nd, Pr, Dy and Tb while maintaining high-performance magnet output. More output from the same supply Less chokepoint exposure Faster path to resilience 80-90% Potential reduction in critic
Slide 40: Forge Nano
FORGE NANO o Oo c © 2 5 O &
Slide 41: Phase (Now): Semiconductor & Battery
Phase 1 (Now): Semiconductor & Battery Expanding capacity & developing new capabilities • Projections based on current orders, expressions of intent, and sales pipeline • We currently have the production capacity needed to meet our assumptions for 2027 Semi Net Sales + Grant Income(1) Assumptions Ba
Slide 42: Phase 2: Scaling U.S. Battery & Semi Tool Opportunities
Phase 2: Scaling U.S. Battery & Semi Tool Opportunities Expanding capacity & developing new capabilities • Forge Nano's Forge Battery project has 21 GWh in LOIs; sample cells produced with partners support future contracted demand as the facility becomes operational. • The base price scenario is pro
Slide 43: Forging the Future of Manufacturing
Connected Circular Forging the Future of Manufacturing Automated Smarter Atomically Precise
Slide 44: Important Information and Where to Find It
CONFIDENTIAL © FORGE NANO 2026. ALL RIGHTS RESERVED Thank You. Now taking questions… Important Information and Where to Find It In connection with the proposed business combination, Pubco and Forge Nano have filed documents with the U.S. Securities and Exchange Commission (the “ SEC ”), including a