AtlasClear Holdings, Inc.

AtlasClear Holdings, Inc. has entered into a definitive agreement to acquire Ark Financial Services, Inc., the parent company of investment bank Dawson James Securities, Inc. AtlasClear has already purchased a 24.9% stake for $2.5 million in cash and a $2.5 million promissory note. The total acquisition consideration is up to $24.5 million, comprising cash and AtlasClear common stock, with a portion subject to revenue-based earn-outs. This acquisition is expected to more than double AtlasClear's revenue and add a profitable investment banking subsidiary to its platform.

AtlasClear Holdings, Inc. reported its fiscal year 2026 results, with total revenue surging 85% to $20.1 million. The company achieved its second consecutive year of positive GAAP net income, reporting $2.0 million, though this was down from $5.8 million in the prior year and included significant non-cash fair-value gains. Key growth drivers included an 85% increase in total revenue and a substantial rise in stock locate revenue to $6.8 million. The company also strengthened its balance sheet, with cash more than doubling to $15.4 million and stockholders' equity improving significantly. Despite revenue growth, the loss from operations widened to $9.8 million due to increased operating costs and non-cash stock-based compensation.

AtlasClear Holdings, Inc. announced its participation in the Planet MicroCap Las Vegas 2026 conference, scheduled for Wednesday, June 17, 2026, at 8:00 a.m. PST. President Craig Ridenhour and Executive Chairman John Schaible will host the presentation and engage in a Q&A session. The company's management will also be available for one-on-one meetings with qualified investors throughout the conference.

AtlasClear Holdings, Inc. announced that its stockholders approved a first amendment to the company's 2024 Equity Incentive Plan on May 27, 2026. This amendment, which had previously been approved by the board of directors, increases the number of shares of common stock authorized for issuance under the Plan by 15,000,000.

AtlasClear Holdings, Inc. reported strong financial results for its fiscal third quarter ended March 31, 2026, with revenue increasing 65% year-over-year to $4.2 million. Year-to-date revenue grew 67% to $13.5 million, and the company achieved a net income of $4.4 million, or $0.05 per diluted share, compared to a loss in the prior year. The company also significantly reduced legacy de-SPAC liabilities by over 95% and improved stockholders' equity to $22.3 million from a deficit. Strategically, AtlasClear is expanding its platform with new correspondent relationships and pending acquisitions.

AtlasClear Holdings, Inc. reported a significant increase in revenues for both the three and nine months ended March 31, 2026, with quarterly revenues rising 65.2% to $4.20 million. The company successfully alleviated substantial doubt about its ability to continue as a going concern by securing approximately $15.85 million in gross proceeds from a Restated Secured Convertible Promissory Note and an Equity SPA. This financing, along with an excise tax accrual reversal of $2.61 million, contributed to a positive shift in Total Stockholders' Equity from a deficit to $22.26 million.

AtlasClear Holdings, Inc. reported strong financial results for its fiscal third quarter ended March 31, 2026, with revenue increasing 65% year-over-year to $4.2 million. Fiscal year-to-date revenue grew 67% to $13.5 million, and the company achieved a net income of $4.4 million, or $0.05 per diluted share. Significant balance sheet improvements were noted, including a reduction of legacy de-SPAC liabilities by over 95% and an increase in stockholders' equity to $22.3 million from a prior deficit. Operationally, AtlasClear signed or is onboarding five new correspondent relationships and is progressing with strategic acquisitions.

AtlasClear Holdings, Inc. filed a supplement to its definitive proxy statement for the upcoming Annual Meeting on May 27, 2026. The supplement amends disclosures regarding the quorum requirement, clarifying that 33.3% of voting power is needed to conduct business. Additionally, it clarifies the shares reserved under the 2024 Equity Incentive Plan, stating 590,046 shares are currently available after the 1-for-60 reverse stock split. The company is seeking stockholder approval to increase the shares reserved under the plan by 15,000,000, bringing the total to 15,590,046 shares to enhance its ability to attract and retain talent.

AtlasClear Holdings, Inc. (ATCH) announced its Annual Meeting of Stockholders will take place on May 27, 2026, to address several key proposals. These include the election of six directors, the ratification of Haynie & Company as the independent registered public accounting firm, and a significant amendment to the 2024 Equity Incentive Plan. The proposed amendment seeks to increase the number of shares reserved for issuance under the plan by 15,000,000, bringing the total to 15,058,908 shares. The Board of Directors recommends stockholders vote in favor of all proposals.

AtlasClear Holdings, Inc. has entered into a Letter of Intent to acquire Ark Financial Services, Inc. and its subsidiary, Dawson James Securities, Inc., a full-service investment bank. This acquisition is expected to be accretive in the first year and will add investment banking and capital markets origination to AtlasClear's correspondent-clearing platform. Following this and another pending acquisition, the combined business is projected to operate at approximately $45 million in annualized revenue and $5 million in operating net income. The transaction will close in two steps, pending regulatory approvals.