AtlasClear Holdings Announces $20,000,000 Financing
AtlasClear Holdings (NYSE American: ATCH) announced a definitive $20,000,000 financing led by Funicular Funds with participation from Sixth Borough Capital on October 9, 2025. The deal comprises $10,000,000 of convertible debt (5-year term, 11% coupon, conversion price $0.75) and $10,000,000 of units sold at $0.60 per unit (one common share plus one warrant, warrant strike $0.75), which includes $4,250,000 rolled from recent debt financing. After the rollover, expected gross proceeds to the company are $15,750,000 before placement fees and transaction expenses. Dawson James acted as exclusive placement agent. Management said proceeds will be used to scale staffing, onboard correspondents, expand revenue lines, and deploy technology.
AtlasClear Holdings (NYSE American: ATCH) ha annunciato un finanziamento definitivo di $20,000,000 guidato da Funicular Funds con la partecipazione di Sixth Borough Capital il 9 ottobre 2025. L'accordo comprende $10,000,000 di debito convertibile (termine di 5 anni, coupon al 11%, prezzo di conversione $0.75) e $10,000,000 di unità vendute a $0.60 per unità (una azione ordinaria più una warrant, prezzo di esercizio della warrant $0.75), che include $4,250,000 rollato dal recente finanziamento di debito. Dopo il rollover, i proventi lordi previsti per la società sono $15,750,000 prima delle commissioni di collocamento e delle spese di transazione. Dawson James ha agito come agente di collocamento esclusivo. Il management ha dichiarato che i proventi saranno utilizzati per aumentare lo staff, integrare i corrispondenti, espandere le linee di reddito e implementare la tecnologia.
AtlasClear Holdings (NYSE American: ATCH) anunció un financiamiento definitivo de $20,000,000 liderado por Funicular Funds con la participación de Sixth Borough Capital el 9 de octubre de 2025. El acuerdo comprende $10,000,000 de deuda convertible (plazo de 5 años, cupón del 11%, precio de conversión $0.75) y $10,000,000 de unidades vendidas a $0.60 por unidad (una acción común más una warrant, precio de ejercicio de la warrant $0.75), lo cual incluye $4,250,000 rolling desde financiamiento reciente de deuda. Tras el rollover, se esperan ingresos brutos para la empresa de $15,750,000 antes de comisiones de colocación y gastos de transacción. Dawson James actuó como agente de colocación exclusivo. La dirección dijo que los fondos se utilizarán para ampliar personal, incorporar corresponsales, ampliar líneas de ingresos y desplegar tecnología.
AtlasClear Holdings (NYSE American: ATCH)는 Funicular Funds가 주도하고 Sixth Borough Capital가 참여하는 확정 $20,000,000 금융을 2025년 10월 9일 발표했다. 거래는 $10,000,000의 전환가능 부채(5년 만기, 11% 쿠폰, 전환가 $0.75)와 $10,000,000의 유닛을 $0.60당 판매한 것으로 구성되며(보통주 1주와 워런트 1개, 워런트 행사가격 $0.75), 최근 채무 금융에서 $4,250,000가 롤오버된다. 롤오버 후 회사에 예상되는 총수익은 수수료 및 거래 비용을 차감하기 전 $15,750,000이다. Dawson James가 독점 배치 대행사로 활동했다. 경영진은 자금이 인력 확충, 협력자 온보딩, 매출 라인 확장 및 기술 도입에 사용될 것이라고 말했다.
AtlasClear Holdings (NYSE American: ATCH) a annoncé un financement définitif de 20 000 000 $ dirigé par Funicular Funds avec la participation de Sixth Borough Capital le 9 octobre 2025. L'accord comprend 10 000 000 $ de dette convertible (durée de 5 ans, coupon de 11%, prix de conversion 0,75 $) et 10 000 000 $ d'unités vendues à 0,60 $ par unité (une action ordinaire plus un warrant, prix d'exercice du warrant 0,75 $), incluant 4 250 000 $ roulés du financement par dette récent. Après le rollover, le produit brut attendu pour l'entreprise est 15 750 000 $ avant les frais de placement et les frais de transaction. Dawson James a agi en tant qu'agent de placement exclusif. La direction a déclaré que les fonds seront utilisés pour accroître le personnel, onboarder des correspondants, étendre les lignes de revenus et déployer la technologie.
AtlasClear Holdings (NYSE American: ATCH) bekanntgab am 9. Oktober 2025 eine definitive Finanzierung in Höhe von 20.000.000 $, geleitet von Funicular Funds mit Beteiligung von Sixth Borough Capital. Der Deal umfasst 10.000.000 $ an wandelbarer Schuld (5 Jahre Laufzeit, 11% Zins, Umwandlungspreis 0,75 $) und 10.000.000 $ an Einheiten, die zu 0,60 $ pro Einheit verkauft werden (eine Stammaktie plus eine Warrants, Ausübungspreis des Warrants 0,75 $), wovon 4.250.000 $ aus der jüngsten Schuldenfinanzierung rollovern. Nach dem Rollovern werden Bruttoerlöse für das Unternehmen voraussichtlich 15.750.000 $ vor Platzierungsgebühren und Transaktionskosten betragen. Dawson James fungierte als exklusiver Placement-Agent. Das Management sagte, die Mittel würden verwendet, um das Personal zu skalieren, Correspondenten an Bord zu nehmen, Einnahmequellen zu erweitern und Technologie einzusetzen.
AtlasClear Holdings (NYSE American: ATCH) أعلنت عن تمويل نهائي بقيمة $20,000,000 بقيادة Funicular Funds مع مشاركة من Sixth Borough Capital في 9 أكتوبر 2025. الصفقة تتكون من $10,000,000 من ديون قابلة للتحويل (مدة خمس سنوات، الكوبون 11%، سعر التحويل $0.75) و $10,000,000 من وحدات مباعة بسعر $0.60 للوحدة (سهم عادي واحد + عقد شرط واحد، سعر صرف الشرط $0.75)، بما في ذلك $4,250,000 مُحوّلة من تمويل الدين الأخير. بعد rollover، من المتوقع أن تكون العوائد الإجمالية للشركة $15,750,000 قبل عمولات الترتيب ونفقات المعاملات. Dawson James عمل كوكيل ترتيب حصري. قال الإدارة إن العوائد ستستخدم لتوسيع القوى العاملة، وتوظيف المراسلين، وتوسيع خطوط الإيرادات ونشر التكنولوجيا.
AtlasClear Holdings (NYSE American: ATCH) 于2025年10月9日宣布由 Funicular Funds 引领，Sixth Borough Capital 参与的一项总额为 $20,000,000 的确定性融资交易。交易包括 $10,000,000 的可转换债务（期限5年，11% 的票息，转换价格 $0.75）以及 $10,000,000 单位，按 $0.60/单位 定价出售（1股普通股+1份认股权证，认股权证行使价 $0.75），其中包括从最近的债务融资滚入的 $4,250,000。滚入完成后，预计公司毛收益为 $15,750,000，在配售费和交易费用前。Dawson James 担任独家配售代理。管理层表示资金将用于扩大人员规模、接纳通讯员、扩展收入线并部署技术。
- Secured a $20,000,000 financing commitment
- Convertible debt features concrete 5-year, 11% coupon terms
- Units priced at $0.60 include one share plus one warrant
- Gross proceeds to company of $15,750,000 before fees
- Convertible debt and warrants create potential equity dilution
- 11% coupon increases near-term interest and financing cost
- Investment led by Funicular Funds, LP with insider participation from Sixth Borough Capital
$10,000,000 t o be invested in the form of convertible debt with a 5-year term at an11% coupon and a conversion price of$0.75 $10,000,000 (inclusive of$4,250,000 converted from recent debt financing) to be invested in the form of units sold at$0.60 per unit that include one share of common stock and one warrant with a strike price of$0.75
TAMPA, Fla., Oct. 09, 2025 (GLOBE NEWSWIRE) -- AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear Holdings” or the “Company”) announced today that it has entered into definitive agreements for a
“We are excited to report that Funicular Funds, LP has led a reinvestment into our Company as part of a
After giving effect to the rollover, the financing will result in gross proceeds to the Company of
“This capital will allow the Company to increase its staff, its bandwidth, and its capabilities,” said Craig Ridenhour, President of AtlasClear Holdings. “Moreover, it will help facilitate the deployment of a variety of technologies that we believe will create competitive advantages for us.”
Dawson James acted as exclusive Placement Agent for the transaction.
About AtlasClear Holdings, Inc.
AtlasClear Holdings, Inc. is building a cutting-edge, technology-enabled financial services platform to modernize trading, clearing, settlement, and banking for innovative financial products, with a focus on serving small- and middle-market financial institutions. Through its subsidiary, the Company combines industry expertise with longstanding infrastructure: Wilson-Davis & Co., Inc., a full-service correspondent securities broker-dealer registered with the SEC and FINRA and a member of DTCC and NSCC, which has been serving the investment community since 1968; and through its planned acquisition of Commercial Bancorp of Wyoming, the parent of Farmers State Bank, a Federal Reserve member bank that has provided private and corporate banking services to its community since 1915. Together, these businesses will position AtlasClear to deliver a vertically integrated suite of brokerage, clearing, risk management, regulatory reporting, and commercial banking solutions. The AtlasClear leadership team includes respected industry veterans who have founded and led companies such as ICE Clear, Legent Clearing, COR Clearing, Axos Clearing, NexTrade, StoneX, and Anderen Bank.
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) the Company’s expectations regarding planned future growth and financial results, (ii) AtlasClear Holdings’ expectations regarding future financings, (iii) AtlasClear Holdings’ expectations as to future operational results, (iv) AtlasClear Holdings’ anticipated growth strategy, including its planned acquisition of Commercial Bancorp of Wyoming and its planned release of a digital asset loan platform, 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: the Company’s need to raise additional capital; failure of the Company to realize the anticipated benefits of any additional investments of capital, such as achieving profitability, delivering the capital needed for its proposed bank acquisition upon approval, solidifying its capital foundation, reducing potential dilution, and positioning the Company to maximize long-term stockholder value; failure by AtlasClear Holdings to satisfy the closing conditions to any investments of capital, including receipt of stockholder approval; AtlasClear’s inability to successfully integrate, and/or realize the anticipated benefits of, the acquisition of Wilson-Davis and the technology acquired from Pacsquare Technologies LLC (the "Transaction"); failure to recognize the anticipated benefits of the Transaction, which may be affected by, among other things, competition, the ability of AtlasClear Holdings to maintain relationships with customers and suppliers and strategic alliance third parties, and to retain its management and key employees; AtlasClear Holdings’ inability to integrate, and to realize the benefits of, the Transaction and other potential acquisitions; changes in general economic or political conditions; changes in the markets that AtlasClear Holdings targets; slowdowns in securities or digital asset trading or shifting demand for trading, clearing and settling financial products; any change in laws applicable to AtlasClear Holdings or any regulatory or judicial interpretation thereof; factors that may cause a delay in timely filing the transition report described herein; the risk that additional or different information may become known prior to the expected filing of the transition report, and other factors, risks and uncertainties, including those that were included under the heading "Risk Factors" in AtlasClear Holdings’ Annual Report on Form 10-K filed with the Securities and Exchange Commission on September 29 and in its subsequent filings with the SEC. AtlasClear Holdings cautions that the foregoing list of factors is not exhaustive. Any forward-looking statement made in this communication speaks only as of the date hereof. Plans, intentions or expectations disclosed in forward-looking statements may not be achieved and no one should place undue reliance on such forward-looking statements. AtlasClear Holdings does not undertake any obligation to update, revise or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Contacts
Company Contact
AtlasClearIR@atlasclear.com
Investor Relations Contact
Jeff Ramson, CEO
PCG Advisory, Inc.
jramson@pcgadvisory.com
FAQ
What financing did AtlasClear Holdings (ATCH) announce on October 9, 2025?
What are the terms of the $10,000,000 convertible debt for ATCH?
How are the $10,000,000 in units structured in the ATCH deal?
How much cash will AtlasClear receive from the financing after the rollover?
Who acted as placement agent for AtlasClear's October 9, 2025 financing?
What will AtlasClear use the financing for and how might it affect shareholders?
