AtlasClear Holdings, Inc. Expects to File its Transition Report including Financials by October 15th
AtlasClear Holdings, Inc. (NYSEAM: ATCH) has announced a delay in filing its transition report for the period ended June 30, 2024, which will be the company's first periodic report since changing its fiscal year end. The report, expected to be filed by October 15th, will include financials as of the end of that period.
CEO Robert McBey expressed anticipation for the report's release, suggesting it will reflect continued progress in integrating and expanding Wilson-Davis' business. This announcement follows the recent appointment of Mark Smith to AtlasClear Holdings' board of directors, signaling the company's long-term vision for the evolution of global financial markets.
Executive Chairman John Schaible highlighted the company's progress and their goal to create a unique fintech platform serving small financial institutions.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) ha annunciato un ritardo nella presentazione della sua relazione di transizione per il periodo conclusosi il 30 giugno 2024, che rappresenterà il primo rapporto periodico dell'azienda dopo la modifica della chiusura dell'anno fiscale. Il rapporto, previsto per essere presentato entro il 15 ottobre, includerà i dati finanziari al termine di quel periodo.
Il CEO Robert McBey ha espresso aspettativa per il rilascio del rapporto, suggerendo che rifletterà i progressi continui nell'integrazione e nell'espansione dell'attività di Wilson-Davis. Questo annuncio segue la recente nomina di Mark Smith nel consiglio di amministrazione di AtlasClear Holdings, segnalando la visione a lungo termine dell'azienda per l'evoluzione dei mercati finanziari globali.
Il Presidente Esecutivo John Schaible ha messo in evidenza i progressi dell'azienda e il loro obiettivo di creare una piattaforma fintech unica per servire le piccole istituzioni finanziarie.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) ha anunciado un retraso en la presentación de su informe de transición para el período que finalizó el 30 de junio de 2024, que será el primer informe periódico de la empresa desde que cambió el final de su año fiscal. Se espera que el informe se presente para el 15 de octubre e incluirá los datos financieros al final de ese período.
El CEO Robert McBey expresó su anticipación por la publicación del informe, sugiriendo que reflejará el progreso continuo en la integración y expansión del negocio de Wilson-Davis. Este anuncio sigue a la reciente designación de Mark Smith en la junta directiva de AtlasClear Holdings, señalando la visión a largo plazo de la empresa para la evolución de los mercados financieros globales.
El Presidente Ejecutivo John Schaible destacó el progreso de la empresa y su objetivo de crear una plataforma fintech única que sirva a las pequeñas instituciones financieras.
AtlasClear Holdings, Inc. (NYSEAM: ATCH)는 2024년 6월 30일 종료되는 기간에 대한 전환 보고서를 제출하는 데 지연이 있음을 발표했습니다. 이는 회사의 회계 연도 종료 변경 이후 처음으로 제출되는 정기 보고서입니다. 보고서는 10월 15일까지 제출될 예정이며, 해당 기간 말의 재무 정보를 포함할 것입니다.
CEO 로버트 맥베이는 보고서 발표에 대한 기대감을 표명하며, 이는 윌슨-데이비스 사업 통합 및 확장에서의 지속적인 진행 상황을 반영할 것이라고 제안했습니다. 이 발표는 최근 마크 스미스가 AtlasClear Holdings 이사회에 임명된 이후 이루어졌으며, 글로벌 금융 시장의 진화를 위한 회사의 장기 비전을 알리는 신호입니다.
존 샤이블 임시 의장은 회사의 진전을 강조하며 작은 금융 기관을 위한 독특한 핀테크 플랫폼을 만드는 목표를 언급했습니다.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) a annoncé un retard dans le dépôt de son rapport de transition pour la période se terminant le 30 juin 2024, qui sera le premier rapport périodique de l'entreprise depuis le changement de la clôture de son exercice fiscal. Le rapport, qui devrait être déposé d'ici le 15 octobre, comprendra les données financières à la fin de cette période.
Le PDG Robert McBey a exprimé son anticipation quant à la publication du rapport, suggérant qu'il reflétera les progrès continus dans l'intégration et l'expansion de l'activité Wilson-Davis. Cette annonce fait suite à la récente nomination de Mark Smith au conseil d'administration d'AtlasClear Holdings, signalant la vision à long terme de l'entreprise pour l'évolution des marchés financiers mondiaux.
Le Président exécutif John Schaible a souligné les progrès de l'entreprise et leur objectif de créer une plateforme fintech unique pour servir les petites institutions financières.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) hat eine Verzögerung bei der Einreichung ihres Übergangsberichts für den Zeitraum zum 30. Juni 2024 angekündigt, der der erste regelmäßige Bericht des Unternehmens nach der Änderung des Geschäftsjahres sein wird. Der Bericht, der bis zum 15. Oktober eingereicht werden soll, wird die Finanzdaten zum Ende dieses Zeitraums enthalten.
CEO Robert McBey äußerte seine Vorfreude auf die Veröffentlichung des Berichts und deutete an, dass dieser weiterhin Fortschritte bei der Integration und Expansion des Wilson-Davis-Geschäfts widerspiegeln wird. Diese Ankündigung folgt der jüngsten Ernennung von Mark Smith in den Vorstand von AtlasClear Holdings, was die langfristige Vision des Unternehmens für die Entwicklung der globalen Finanzmärkte signalisiert.
Vorstandsvorsitzender John Schaible hob den Fortschritt des Unternehmens und das Ziel hervor, eine einzigartige Fintech-Plattform für kleine Finanzinstitute zu schaffen.
- Anticipated positive financial performance reflecting business integration and expansion
- Appointment of Mark Smith, an authority in digital assets, to the board of directors
- Progress towards creating a unique fintech platform for small financial institutions
- Delay in filing the transition report
- Change in fiscal year end potentially affecting year-over-year comparisons
“We are eager to file our transition report and disclose our end of year numbers to the public. We expect that the performance will reflect continued progress towards integration and expansion of Wilson-Davis’ business,” said Robert McBey, CEO of AtlasClear Holdings and CEO of
This announcement comes of the heels of last week’s appointment of Mark Smith to the board of directors of AtlasClear Holdings. Mr. Smith is recognized as an authority in digital assets and tokenization whose appointment, we believe, signals AtlasClear Holdings’ broader, long-term vision of the evolution of global financial markets.
“We are excited about the progress we are making as we look forward to expanding operational efficiencies. We believe we have a wonderful opportunity to create a unique fintech platform to service the small financial institution space that lacks options,” said John Schaible, Executive Chairman of AtlasClear Holdings.
About AtlasClear Holdings, Inc.
AtlasClear Holdings plans to build a cutting-edge technology enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on the small and middle market financial services firms. The strategic goal of AtlasClear Holdings is to have a fully vertically integrated suite of cloud-based products including account opening, trade execution, risk management, regulatory reporting and settlement. The team that leads AtlasClear Holdings consists of respected financial services industry veterans that have founded and led other companies in the industry including Penson Clearing, Southwest Securities, NexTrade, Symbiont, and Anderen Bank.
About the Financial Technology
The nature of the combined entity is expected to be supported by robust, proven, financial technologies with a full suite that will enable the flow of business and success of the enterprise. The combined entity is expected to have a full exchange platform for a spectrum of financial products. In addition, the combined entity is expected to have a full prime brokerage and, following the completion of the proposed acquisition of Commercial Bancorp of
AtlasClear Holdings is expected to be run by a new digital suite of technologies that became part of the transaction at closing.
About
About Commercial Bancorp of
Commercial Bancorp is a bank holding company operating through its wholly-owned subsidiary, Farmers State Bank (“FSB”) and has been servicing the local community in
Cautionary Statements Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings’ current views with respect to, among other things, the future operations and financial performance of AtlasClear Holdings. Forward-looking statements in this communication may be identified by the use of words such as "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "foreseeable," "future," "intend," "may," "outlook," "plan," "potential," "proposed," "predict," "project," "seek," "should," "target," "trends," "will," "would" and similar terms and phrases. Forward-looking statements contained in this communication include, but are not limited to, statements as to (i) AtlasClear Holdings’ expectations as to operational results, (ii) AtlasClear Holdings’ expectations regarding timing to file its transition report, (iii ) AtlasClear Holdings’ expectations regarding the benefits of the new board appointment (iv) AtlasClear’s anticipated growth strategy, including expected acquisitions, and (v) the financial technology of AtlasClear Holdings.
The forward-looking statements contained in this communication are based on the current expectations of AtlasClear Holdings and its management and are subject to risks and uncertainties. No assurance can be given that future developments affecting AtlasClear Holdings will be those that are anticipated. Actual results may differ materially from current expectations due to changes in global, regional or local economic, business, competitive, market, regulatory and other factors, many of which are beyond the control of AtlasClear Holdings. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Factors that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them.
Such factors include, but are not limited to: AtlasClear’s inability to successfully integrate, and/or realize the anticipated benefits of, the acquisition of
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Source: AtlasClear
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