AtlasClear extends $500K debenture with director’s fund
AtlasClear extends the maturity of a $500,000 related-party debenture by six months to February 3, 2027.
Rhea-AI Filing Summary
AtlasClear Holdings, Inc. (ATCH) disclosed that on September 11, 2026 it entered into Amendment No. 1 to its Debenture Agreement with Sixth Borough Capital Fund, LP, an entity controlled by director Robert D. Keyser, Jr. The Debenture, originally dated August 4, 2025, covers a principal borrowing of $500,000.
The amendment extends the maturity date of the debenture from August 3, 2026 to February 3, 2027, with the debt still subject to accelerated repayment under certain circumstances. The full text of the amendment is filed as Exhibit 10.1.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Debenture principal amount: $500,000
Original maturity date: August 3, 2026
New maturity date: February 3, 2027
+1 more
4 metrics
Debenture principal amount
$500,000
Principal borrowed under the Debenture Agreement dated August 4, 2025
Original maturity date
August 3, 2026
Initial maturity of the $500,000 debenture before the amendment
New maturity date
February 3, 2027
Extended maturity under Amendment No. 1 to the Debenture Agreement
Amendment execution date
September 11, 2026
Date AtlasClear and Sixth Borough Capital Fund, LP entered into Amendment No. 1
Key Terms
Debenture Agreement, maturity date, accelerated repayment, Emerging growth company
4 terms
Debenture Agreement financial
"The Amendment amends the Debenture Agreement, dated August 4, 2025"
maturity date financial
"to extend the maturity date of the Debenture from August 3, 2026 to February 3, 2027"
The maturity date is the specific day when a loan, bond, or investment reaches its full term and the borrower must repay the borrowed amount in full. It is important for investors because it indicates when they will receive their initial money back and can plan their future financial steps accordingly. Think of it as the due date for a loan or the day a gift card or coupon expires.
accelerated repayment financial
"subject to accelerated repayment under certain circumstances"
Emerging growth company regulatory
"Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ATCH announce regarding its debenture on September 11, 2026?
AtlasClear Holdings, Inc. entered into Amendment No. 1 to its Debenture Agreement with Sixth Borough Capital Fund, LP, extending the maturity of a $500,000 borrowing from August 3, 2026 to February 3, 2027, subject to accelerated repayment in certain circumstances.
What is the principal amount of the debenture mentioned by ATCH?
The Debenture Agreement between AtlasClear Holdings, Inc. and Sixth Borough Capital Fund, LP covers a principal borrowing of $500,000. This amount was originally borrowed under the debenture dated August 4, 2025.
How did ATCH change the maturity date of its debenture?
AtlasClear Holdings, Inc. extended the maturity date of its $500,000 debenture from August 3, 2026 to February 3, 2027 through Amendment No. 1 to the Debenture Agreement executed on September 11, 2026.
Who controls the holder of the ATCH debenture?
The holder, Sixth Borough Capital Fund, LP, is controlled by Robert D. Keyser, Jr., who is a member of the board of directors of AtlasClear Holdings, Inc.
Where can investors find the full text of ATCH’s debenture amendment?
The complete text of Amendment No. 1 to the Debenture Agreement between AtlasClear Holdings, Inc. and Sixth Borough Capital Fund, LP is filed as Exhibit 10.1 to the current report and is incorporated by reference.
AI-generated analysis. How Rhea-AI works. Not financial advice.
