AtlasClear Holdings Completes $5 Million Financing Round with Strong Board Member Participation

AtlasClear Holdings has announced the successful closing of the remaining $2 million of its previously announced $5 million company financing, bringing the total gross proceeds to $5 million through the issuance of promissory notes from strategic investors and board members. The financing, which includes the $3 million announced on September 17, 2025, was structured with a 20% Original Issue Discount, resulting in an aggregate principal amount of $6.25 million. These notes mature on the earlier of six months or when the company completes a qualified equity financing of at least $10 million, with conversion options available to holders at the same per-share price as such future financing.

Board of Directors member Sandip Patel led the final closing with a $1 million investment into the notes and will join AtlasClear Holdings as Chief Financial Officer and General Counsel. Sixth Borough Capital contributed an additional $450,000, bringing its total investment to $950,000, marking its third investment following recent $500,000 note and debenture purchases. Dawson James Securities served as the exclusive placement agent for the financing round, which was detailed in the company's announcement available at https://citybiz.com/atlasclear-funding-completion.

The significant participation from company directors underscores strong internal confidence in AtlasClear Holdings' performance and strategic direction. Executive Chairman John Schaible emphasized that having every member of the executive team and board of directors invested in the company creates alignment between board members and shareholders. This level of internal investment is particularly noteworthy as it demonstrates commitment from leadership during a period of strategic growth and platform development.

President Craig Ridenhour highlighted the company's focus on building long-term value and scale through exceptional financial technology. The company aims to deliver an improved model that bridges traditional finance with newer products like cryptocurrency, leveraging the material improvement of its balance sheet and strong operating earnings from its wholly owned subsidiary. The increased stockholder's equity position provides additional reasons for optimism about the company's future trajectory.

Investors and stakeholders can expect detailed financial updates in the forthcoming 10-K filing, scheduled for release on or before Monday, September 29, 2025. Following the 10-K filing, the company will host an earnings call at 8:30 AM Eastern Time on Tuesday, September 30, 2025, providing additional insights into the company's financial performance and strategic direction. These communications will offer transparency into how the $5 million financing supports AtlasClear Holdings' mission to create a more efficient platform for trading, clearing, settlement and banking of evolving financial products.

The completion of this financing round represents a significant milestone for AtlasClear Holdings as it continues developing its vertically integrated suite of cloud-based products including account opening, trade execution, risk management, regulatory reporting and settlement. The company's focus on serving small and middle market financial services firms positions it uniquely in the financial technology landscape, particularly as it bridges traditional financial services with innovative products like cryptocurrency through platforms accessible at https://atlasclearholdings.com/platform-services.