Welcome to our dedicated page for AtlasClear news (Ticker: atch), a resource for investors and traders seeking the latest updates and insights on AtlasClear stock.
AtlasClear Holdings Inc (ATCH) operates a technology-driven platform powering critical financial infrastructure for trading, clearing, and settlement services. This news hub provides investors and financial professionals with essential updates about the company's strategic initiatives and market position.
Access real-time announcements including earnings reports, technology enhancements, partnership developments, and regulatory milestones. Our curated news collection enables informed analysis of ATCH's role in modernizing financial operations through its B2B fintech solutions.
Key updates cover platform innovations, cost-efficiency improvements, and security protocol advancements. Bookmark this page to monitor how AtlasClear's infrastructure solutions impact financial services efficiency and digital transformation trends.
AtlasClear Holdings (NYSEAMEX: ATCH) has announced a change in its transfer agent from Continental Stock Transfer and Trust Company to Dynamic Stock Transfer, Inc. The company aims to develop a technology-enabled financial services platform focused on trading, clearing, settlement, and banking of innovative financial products for small and middle market firms.
The company is currently working on integrating Wilson-Davis & Co., Inc. and implementing new technology acquired through a business combination. AtlasClear is also exploring additional acquisitions and developing an online account application system. The company acknowledges various risk factors including market competition, regulatory changes, and potential challenges in maintaining customer and supplier relationships.
AtlasClear Holdings (NYSEAMEX: ATCH) has announced its upcoming presentation at the Emerging Growth Conference on March 26, 2025. The company, which aims to develop a technology-enabled financial services platform focused on small and middle market firms, will deliver an interactive presentation at 12 PM Eastern time.
The 30-minute live event will feature Executive Chairman John Schaible and President Craig Ridenhour, who will present the company's vision and engage in a Q&A session with attendees. Investors, analysts, and advisors are invited to participate and can submit questions in advance to Questions@EmergingGrowth.com.
For those unable to attend the live presentation, an archived webcast will be available on EmergingGrowth.com and the Emerging Growth YouTube Channel.
AtlasClear Holdings (NYSEAMEX: ATCH) has announced the appointment of Todd Tabacco as Vice President of Securities Lending at its subsidiary, Wilson Davis & Co. This strategic hire aims to accelerate the company's Stock Loan business in partnership with technology provider LocBox.
The company is focused on developing a technology-enabled financial services platform to enhance trading, clearing, settlement, and banking operations, particularly targeting small and middle market financial services firms. President Craig Ridenhour expressed enthusiasm about Tabacco's appointment, highlighting the potential for leveraging LocBox technology to expand their market presence.
AtlasClear Holdings (NYSEAMEX: ATCH) has announced significant progress in debt reduction, with $7.54 million of convertible debt satisfied through conversion. This represents approximately 50% of the convertible debt originally accepted at Despac and over 22% of total debt.
The company aims to develop a technology-enabled financial services platform focused on trading, clearing, settlement, and banking services for small and middle market financial firms. The platform will emphasize evolving and innovative financial products.
The announcement follows a March 3, 2025 press release that initially reported at least 10% of company debt satisfaction through conversions. The company's forward-looking statements outline strategic goals including potential Hanire investment benefits, proposed bank acquisition plans, and focus on introducing broker dealers.
AtlasClear Holdings (NYSEAMEX: ATCH) provided a stockholder update addressing recent high trading volatility. The company's subsidiary, Wilson Davis & Company, reported Calendar Year 2024 revenues exceeding $13.2 million and Net Income over $1.75 million.
Following these results, ATCH stock experienced significant activity, trading over 145 million shares with a 400% value increase. After a 1-for-60 reverse split on December 31, 2024, outstanding shares grew from 387,000 to over 3.32 million through convertible note conversions, representing a 740% increase. This reduced company debt and increased market capitalization by 800% to $10.7 million.
The company continues working with Hanire to complete the first investment tranche and plans to begin a non-deal roadshow. Additionally, ATCH filed an amendment to its registration statement including shares for Tau Investment Partners under an equity line of credit.
AtlasClear Holdings (NYSEAMEX: ATCH) has announced its financial results for the quarter ended December 31, 2024. The company reported significant financial achievements for Calendar Year 2024, with Wilson Davis generating over $13.2 million in Revenue and Net Income exceeding $1.75 million on a standalone, Non-GAAP basis.
The company highlights ongoing improvement in core operations with continuous quarterly growth. AtlasClear's business lines are expanding, particularly in their investment banking segment. The company's current Market Capital is approximately 50% of the Net Income earned for the Calendar year on a standalone basis.
AtlasClear Holdings (NYSE: ATCH) has announced a partnership with LocBox to utilize their stock loan inventory management platform and API. The partnership aims to enhance AtlasClear's correspondent clearing platform through Wilson-Davis by capitalizing on hard-to-borrow book for stock lending.
LocBox's web-based platform enables entities to monetize Hard-To-Borrow inventory by making it available to short sellers, ensuring legal compliant locates and preborrows. The system provides traders with reliable and verifiable locates, ensuring short sale executions with full compliance while reducing settlement risks and preventing naked short selling.
The partnership aligns with AtlasClear's FinTech culture and is expected to significantly improve revenues through the implementation of fully paid lending capabilities, which the company identifies as an underutilized business line at Wilson-Davis.
AtlasClear Holdings (NYSEAMEX: ATCH) has issued a clarification regarding its 2025 Stockholder Letter, specifically about the investment structure from Hanire The investment comprises an initial $5 million commitment structured in two parts: a common equity investment at $15 per share up to 19.99% ownership, and the remainder as a convertible note.
Additional funding beyond the initial $5 million, up to a total of $45 million, will be available at the Company's request through convertible notes with a 40% discount. Notably, Hanire requires shareholder approval for further note conversions beyond the initial investment.
AtlasClear aims to develop a technology-enabled financial services platform focusing on trading, clearing, settlement, and banking services for small and middle market financial firms.
AtlasClear Holdings (NYSEAMEX: ATCH) has announced significant developments in its mission to become a leading technology-enabled financial services firm. The company secured an investment deal with Hanire for up to $45 million, combining equity and convertible debt, including a $5 million equity investment at $15 per share and a convertible loan.
Key developments include appointing Jeff Sime as CEO of subsidiary Wilson-Davis & Co., implementing a 1-for-60 reverse stock split to maintain NYSE Amex listing, and setting four primary goals for 2025: expanding introducing broker dealer customers, focusing on digital assets, finalizing the acquisition of Commercial Bancorp of Wyoming, and pursuing strategic acquisitions.
The company's Wilson-Davis subsidiary remained profitable on a standalone basis despite challenging conditions in 2024. The new capital structure is expected to help restructure debt, expand operations, and support growth initiatives in digital assets and institutional services.
AtlasClear Holdings (NYSE: ATCH) has secured an agreement with Hanire for an investment of up to $45 million through equity and convertible debt. The investment will be structured in tranches, with the first $5 million expected in January 2025. The deal includes a $5 million equity investment through 20 million common stock shares and a convertible loan for the remaining amount.
The investment aims to help AtlasClear achieve key strategic goals, including: restructuring current debt with better terms, increasing capital base at Wilson-Davis subsidiary to expand clearing business, supporting the planned Commercial Bancorp of Wyoming acquisition, and providing capital for targeted acquisitions. The convertible loan features a 40% discount to the volume-weighted average stock price at conversion, subject to stockholder approval.
