AtlasClear Holdings Announces Board and Officer Changes
Ticker: ATCHW · Form: 8-K · Filed: Dec 16, 2024 · CIK: 1963088
| Field | Detail |
|---|---|
| Company | Atlasclear Holdings, INC. (ATCHW) |
| Form Type | 8-K |
| Filed Date | Dec 16, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation, board-of-directors
TL;DR
AtlasClear reshuffled its board and exec pay. New faces, new comp.
AI Summary
AtlasClear Holdings, Inc. announced on December 10, 2024, a change in its board of directors and executive compensation arrangements. Specifically, the company elected new directors and appointed new officers, alongside adjustments to their compensation. The filing also notes other events not detailed in the provided text.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial priorities that may impact future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate internal shifts that may carry associated risks or opportunities.
Key Numbers
- 001-41956 — SEC File Number (Identifies the company's filing with the SEC.)
- 92-2303797 — I.R.S. Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- AtlasClear Holdings, Inc. (company) — Registrant
- Calculator New Pubco, Inc. (company) — Former company name
- December 10, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Tampa, FL (location) — Business address
FAQ
What specific changes were made to the board of directors?
The filing indicates the election of new directors, but the specific names and details of their election are not provided in the excerpt.
What are the details of the new executive compensation arrangements?
The filing mentions compensatory arrangements of certain officers but does not provide specific details on the dollar amounts or terms of these arrangements in the provided text.
What other events were reported on December 10, 2024?
The filing lists 'Other Events' as an item information, but the specific nature of these events is not detailed in the provided excerpt.
When did AtlasClear Holdings, Inc. change its name from Calculator New Pubco, Inc.?
The date of the name change from Calculator New Pubco, Inc. to AtlasClear Holdings, Inc. was January 20, 2023.
What is the principal executive office address for AtlasClear Holdings, Inc.?
The principal executive offices are located at 2203 Lois Ave. N., Ste. 814, Tampa, FL 33607.
Filing Stats: 494 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2024-12-16 17:23:45
Key Financial Figures
- $0.0001 — ch registered Common Stock par value $0.0001 per share ATCH NYSE American LLC
Filing Documents
- tm2431243d1_8k.htm (8-K) — 24KB
- 0001104659-24-128997.txt ( ) — 195KB
- atch-20241210.xsd (EX-101.SCH) — 3KB
- atch-20241210_lab.xml (EX-101.LAB) — 33KB
- atch-20241210_pre.xml (EX-101.PRE) — 22KB
- tm2431243d1_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensation Arrangements of Certain Officers. On December 10, 2024, the board of directors of AtlasClear Holdings, Inc. voted to remove Robert McBey as our Chief Executive Officer, effective as of such date. In addition, Mr. McBey was removed as the Chief Executive Officer of our wholly owned subsidiary Wilson-Davis Co., Inc. ("WDCO") on the same date.
01 Other Events
Item 8.01 Other Events On December 12, 2024, we appointed Jeff Sime to replace Mr. McBey as the new Chief Executive Officer of WDCO, effective December 16, 2024. Mr. Sime has served as President and CEO of Embed Financial Technologies Inc. since February 2022 and as President of JS Consulting since July 2023. Previously, he served as President of COR Clearing LLC which was acquired by Axos Clearing LLC where he served as President until 2022. 2 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:December 16, 2024 /s/ John Schaible Name: John Schaible Title: Executive Chairman 3