Core Viewpoint - AtlasClear Holdings, Inc. has announced a $20,000,000 financing deal, which includes a reinvestment led by Funicular Funds, LP and participation from Sixth Borough Capital, aimed at accelerating its business model and expanding revenue streams [2][4]. Financing Details - The financing consists of a rollover of $4,250,000 from recent debt financing, resulting in gross proceeds of $15,750,000 after accounting for placement agent fees and other transaction expenses [2][6]. - The investment includes $10,000,000 in convertible debt with a 5-year term at an 11% coupon and a conversion price of $0.75, and $10,000,000 in units sold at $0.60 per unit, which include one share of common stock and one warrant with a strike price of $0.75 [6]. Business Expansion Plans - The capital raised will enable the company to increase its staff, enhance its capabilities, and deploy various technologies to create competitive advantages [3][4]. - The company aims to onboard new correspondents and expand into additional lines of revenue as part of its growth strategy [2][4]. Company Overview - AtlasClear Holdings is focused on building a technology-enabled financial services platform to modernize trading, clearing, settlement, and banking for small- and middle-market financial institutions [4]. - The company combines industry expertise with established infrastructure through its subsidiary, Wilson-Davis & Co., Inc., and plans to acquire Commercial Bancorp of Wyoming, enhancing its service offerings [4]. Leadership and Expertise - The leadership team of AtlasClear includes industry veterans with experience in founding and leading notable companies in the financial services sector, positioning the company for future growth [4].

Financial Data and Key Metrics Changes - Fiscal year 2025 was a pivotal year for the company, marking its first full fiscal year as a public entity, with significant one-time costs absorbed while laying a foundation for future profitability [4][5] - The company reported its first quarter of positive cash flow in Q4 2025 but still recorded a net loss primarily due to noncash items and elevated regulatory costs [8][9] - Total debt was reduced by 83% from $52,643,291 to approximately $8,000,945, with over $43,000,000 in liabilities extinguished [11][12] Business Line Data and Key Metrics Changes - Wilson Davis, the broker-dealer subsidiary, remained profitable throughout the year, contributing to steady commission and clearing revenues, alongside growth in the stock loan business [5][8] - The revenue base became more diversified, with securities lending and interest income contributing alongside commissions and clearing fees [6][9] Market Data and Key Metrics Changes - The company is targeting small and midsized financial institutions, which have been underserved by larger clearing providers, indicating a vast market opportunity [5][25] - The stock loan revenue showed growth, with net stock loan revenue increasing from $258,000 in July to over $400,000 in September [12] Company Strategy and Development Direction - The company aims to build a vertically integrated platform for trading, clearing, settlement of financial assets, and banking services [4] - Key priorities for fiscal 2026 include debt restructuring, technology deployment, operational growth, and strategic acquisitions [13][15] - The acquisition of Commercial Bancorp is expected to create internal synergies, enhance credit offerings, and improve net interest margins [29][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to attract additional capital due to a stronger balance sheet and significant growth in net income [22] - The company anticipates increased profitability at Wilson Davis driven by stock loan, margin lending, and commission growth [14][15] - Management highlighted the importance of insider participation in recent financing as a strong endorsement of the company's strategy and future [34][36] Other Important Information - The company launched the OLA digital account opening solution to automate onboarding and compliance processes [6] - The appointment of Steve Carlson as an independent director is expected to strengthen the leadership team and compliance with NYSE requirements [18] Q&A Session Summary Question: How does the stronger balance sheet change the way you're thinking about growth and acquisitions? - Management indicated that the stronger balance sheet has significantly improved opportunities to attract additional capital and has led to a nearly 300% increase in net income at the operating facility [22] Question: What does your pipeline look like for correspondent clearing clients? - Management noted a lively pipeline with potential clients in various stages, emphasizing the vast market opportunity for small financial institutions [25][26] Question: What are the biggest benefits of combining Commercial Bancorp's banking operations with your clearing platform? - Management highlighted the creation of internal synergies, improved credit offerings, and the potential for a Fed master account as key benefits of the acquisition [29][33] Question: How should investors interpret the level of insider participation in recent financing? - Management described insider participation as a strong endorsement of the company's strategy, indicating alignment between leadership and shareholders [34][36] Question: How does Hanrae fit into the broader growth plans? - Management expressed optimism about imminent funding from Hanrae and highlighted the changing market perception of the company's value [39][40]

Core Insights - AtlasClear Holdings, Inc. reported significant financial improvements, including over $43 million in debt conversion and an 83% reduction in De-SPAC liabilities [1][10][2] - The company is expanding its operations with the onboarding of a third correspondent clearing customer and the acquisition of Commercial Bancorp of Wyoming [1][5][2] - Leadership has been strengthened with the addition of new executives, enhancing governance and strategic direction [1][5][2] Recent Accomplishments - Closed a $5 million financing round in September 2025, with $2 million coming from Board members or affiliates, indicating strong leadership alignment with shareholders [5] - Filed the fiscal year 2025 Form 10-K on September 29, reinforcing the company's commitment to timely reporting and operational transparency [5] - Engaged PCG Advisory to enhance investor relations and communications, expanding visibility across institutional and retail markets [5] Financial Highlights - The company ended fiscal 2025 with $11.2 million in net capital at Wilson-Davis, significantly above regulatory requirements [10] - Reduced De-SPAC related debt from $52.6 million as of June 30, 2024, to approximately $8.9 million as of September 29, 2025, reflecting an 83% reduction [10] - Reported continued growth in net stock loan revenue, totaling $258k in July, $281k in August, and $400k month-to-date in September 2025, representing a 42.3% increase over August [10][2]

Core Insights - AtlasClear Holdings, Inc. (NYSEAmerican: ATCH) experienced a significant stock price increase of 23.15%, closing at $0.8251, following the announcement of Steven Carlson's return to the board of directors [1][3]. Group 1: Board Changes - Steven Carlson has returned to the board of AtlasClear effective September 24, after stepping down for personal reasons a year prior [2]. - Carlson replaces Sandip Patel, who transitioned from an independent director to the role of chief finance officer and general counsel [2]. - Executive Chairman John Schaible expressed excitement about Carlson's return, highlighting the loss of talent when he previously stepped down [3][4]. Group 2: Leadership Experience - Carlson's extensive experience includes being a co-founder of Marco Polo Exchange, CEO of MPS, former President of StoneX's securities business, and Head of the global Emerging Markets business at Lehman Brothers [4]. - His prior service as a board member of both the SPAC and ATCH made him a preferred choice for the board's independent members [4]. Group 3: Financial Developments - AtlasClear successfully raised $2.4 million through a private placement of convertible promissory notes [5].

Core Viewpoint - AtlasClear Holdings has appointed Steven Carlson as an Independent Board member, fulfilling NYSE requirements for board independence and enhancing the company's governance structure [2][3][4]. Group 1: Appointment Details - Steven Carlson returns to the Board of Directors as an Independent Board member after previously stepping away for personal reasons [2][4]. - His appointment is significant as it replaces San dip Patel, who transitioned to General Counsel and Chief Financial Officer, thus changing his Independent Director status [3]. - Carlson's experience includes roles as co-founder of Marco Polo Exchange, CEO of MPS, and former President of StoneX's securities business, making him a valuable addition to the Board [4]. Group 2: Company Outlook - The Executive Chairman, John Schaible, expressed confidence in Carlson's return, highlighting the company's progress in strengthening its balance sheet and management [5]. - The company is set to release its 10K financial updates by September 29th, followed by an earnings call on September 30th [6]. - AtlasClear Holdings aims to modernize financial services for small- and middle-market institutions through a technology-enabled platform [7][8].

Core Insights - AtlasClear Holdings, Inc. has engaged PCG Advisory to enhance its investor relations and strategic communications, aiming to improve visibility in capital markets and strengthen investor relationships [1][2] - The partnership is expected to facilitate effective communication of the company's strategy and progress, which is deemed essential for building investor confidence [2] - AtlasClear is focused on developing a next-generation financial services platform, targeting small and middle market financial services firms with a comprehensive suite of cloud-based products [3] Company Overview - AtlasClear Holdings is creating a technology-enabled financial services firm that aims to improve trading, clearing, settlement, and banking processes for innovative financial products [3] - The company's strategic goal includes a fully integrated suite of services such as account opening, trade execution, risk management, regulatory reporting, and settlement [3] - The leadership team comprises experienced professionals from notable firms in the financial services industry, enhancing the company's credibility and expertise [3] PCG Advisory Overview - PCG Advisory is a leading investor relations firm specializing in strategic services for emerging companies, focusing on investor relations, capital markets navigation, and digital strategies [4] - The firm has extensive experience in various sectors, including life sciences and technology, and aims to help clients communicate their value propositions effectively [4] - PCG Advisory is part of PCG Holdings Inc., which supports small and micro-cap equity markets by facilitating information flow between clients and investors [4]

Core Viewpoint - AtlasClear Holdings has successfully closed an additional $2 million of a previously announced $5 million financing, demonstrating strong support from its Board members and strategic investors [2][3][4]. Financing Details - The total amount raised is $5 million in gross proceeds through the issuance of promissory notes, with a 20% Original Issue Discount, resulting in an aggregate principal amount of $6,250,000 [3]. - The notes mature in six months or upon completion of a qualified equity financing of at least $10 million, and they may be converted into equity at the holder's option [3]. Leadership Changes - Sandip Patel, a Board member, led the final closing with a $1 million investment and will join the company as Chief Financial Officer and General Counsel [4][5]. - Sixth Borough Capital increased its investment to a total of $950,000, marking its third investment in the company [4]. Company Strategy and Outlook - The company aims to build long-term value by leveraging fintech to bridge traditional finance with innovative products like cryptocurrency [6]. - AtlasClear Holdings is focused on improving its balance sheet and increasing stockholder equity, which are seen as positive indicators for future growth [6]. Upcoming Financial Reporting - The company plans to file its 10K report by September 29, 2025, followed by an earnings call on September 30, 2025 [7][8]. Company Overview - AtlasClear Holdings is developing a technology-enabled financial services platform aimed at enhancing trading, clearing, settlement, and banking for small and mid-market financial services firms [9]. - The leadership team consists of experienced professionals from various established financial services firms, indicating a strong foundation for future growth [9].

Core Insights - Several companies have experienced significant stock price declines, impacting investor sentiment and market performance [1] Company Summaries Chijet Motor Company, Inc. (NASDAQ:CJET) - Stock price dropped to $0.19, reflecting a -33.69% change, with a yearly range of $0.078 to $2.99 [2] - The company focuses on innovation in the electric vehicle sector and has appointed Jason Miller as COO to lead its transition into digital currency [2] - Strategic integration of major cryptocurrencies like Bitcoin, Ethereum, and Solana into its balance sheet is planned [2] AtlasClear Holdings, Inc. (NYSE American:ATCH) - Experienced a -33.13% change, with stock price falling to $0.61, ranging from $0.137 to $26.94 over the year [3] - The company is navigating challenging market conditions under CEO Ilya Bogdanov, emphasizing its trading and settlement platform [3] - Recently closed a $3 million financing round with the potential to raise an additional $2 million [3] Envoy Medical, Inc. (NASDAQ:COCH) - Stock price fell to $0.90, marking a -30.55% change, with a price range of $0.88 to $3.99 [4] - The company offers innovative medical technologies for hearing loss and is led by CEO Brent T. Lucas [4] - Announced a $2.5 million registered direct offering and a concurrent private placement for additional shares [4] Market Outlook - Despite significant price declines, these companies continue to pursue innovation and growth, with leadership committed to navigating market challenges [5]

Core Points - AtlasClear Holdings, Inc. has successfully closed a financing round, raising $3,000,000 in gross proceeds through the issuance of promissory notes from strategic investors [1] - The company has the potential to raise an additional $2,000,000 in gross proceeds under the same note financing arrangement [1] - The promissory notes were issued with a 20% Original Issue Discount, indicating a significant discount on the notes' face value [1]

Core Viewpoint - AtlasClear Holdings, Inc. announced significant financial improvements for its subsidiary Wilson-Davis & Co, Inc. (WDCO), including revenue, net income, and net capital growth, alongside the execution of a new contract with Dawson James Securities as a correspondent clearing client [1]. Financial Performance - Wilson-Davis reported audited financials that indicate material improvements in revenue, net income, and net capital [1]. New Business Development - The company has secured a new introducing broker-dealer, Dawson James Securities, which has signed a contract to become a correspondent clearing client [1].