AtlasClear Holdings, Inc. Files 8-K

TL;DR

AtlasClear filed an 8-K on 4/17. No specifics yet, but it's a disclosure.

AI Summary

AtlasClear Holdings, Inc. filed an 8-K on April 17, 2024, to report on other events and a Regulation FD disclosure. The filing does not contain specific financial figures or details about the nature of the events reported, only the standard reporting information.

Why It Matters

This filing indicates AtlasClear Holdings, Inc. is making a disclosure to the SEC, which could relate to significant corporate events or regulatory compliance. Investors should look for further details to understand the implications.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report with no specific negative or positive financial information provided, making the immediate risk level low.

Key Players & Entities

• AtlasClear Holdings, Inc. (company) — Registrant
• Calculator New Pubco, Inc. (company) — Former company name
• April 17, 2024 (date) — Date of report

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 per share ATCH NYSE American LLC
• $4,150,000 — ") in the aggregate principal amount of $4,150,000 in settlement of the fee payable by Qua

Filing Documents

• tm2412119d1_8k.htm (8-K) — 25KB
• 0001104659-24-048400.txt ( ) — 196KB
• atch-20240417.xsd (EX-101.SCH) — 3KB
• atch-20240417_lab.xml (EX-101.LAB) — 33KB
• atch-20240417_pre.xml (EX-101.PRE) — 22KB
• tm2412119d1_8k_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. As previously disclosed, on February 9, 2024, AtlasClear Holdings, Inc. (the "Company") and Chardan Capital Markets, LLC ("Chardan") entered into a convertible promissory note (the "Chardan Note") in the aggregate principal amount of $4,150,000 in settlement of the fee payable by Quantum FinTech Acquisition Corporation ("Quantum") to Chardan upon consummation of the Company's business combination, pursuant to the business combination marketing agreement entered into in connection with Quantum's initial public offering. On March 22, 2024, Quantum Ventures LLC ("Quantum LLC") the primary sponsor for Quantum filed a statement of claim with the Financial Industry Regulatory Authority Dispute Resolution Services against Chardan. In light of the pending arbitration, the Company has determined that it will not register any unregistered shares of the Company's common stock issuable pursuant to the Chardan Note on any resale registration statement on Form S-1 that the Company files with the SEC until the foregoing matter is resolved.

01. Other Events

Item 8.01. Other Events Pursuant to the terms of the convertible promissory notes (the "Seller Notes") issued by AtlasClear, Inc. to the sellers of Wilson-Davis & Co. Inc. (the "Sellers") in connection with the Company's business combination, the Company directed Continental, pursuant to an instruction letter dated April 8, 2024, to issue an aggregate of 145,210 shares of common stock to the Sellers to cover the first quarterly interest payments on the Seller Notes. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATLASCLEAR HOLDINGS, INC. Date: April 17, 2024 /s/ Robert McBey Name: Robert McBey Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR