AtlasClear Holdings, Inc. Announces Agreement for an Investment of up to $45 million

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AtlasClear Holdings announced an agreement with Hanire for up to $45 million in investment through a mix of equity and convertible debt, starting with an initial $5 million tranche in January 2025, pending closing conditions. The funds are aimed at restructuring debt, enhancing the capital base for its subsidiary Wilson-Davis & Co., and progressing with its proposed acquisition of Commercial Bancorp of Wyoming, among other strategic goals. For Hanire, AtlasClear Holdings provides an expanding platform that will assist it with its brokerage and investment banking businesses.

AtlasClear Holdings, Inc. Announces Agreement for an Investment of up to $45 million