– Earnings call scheduled for Tuesday, September 30, 2025, at 8:30 a.m. ET
– Over $43 million in debt converted, reducing De-SPAC liabilities by more than 80%
– Stockholders’ Equity is up over $43 million from Year End 2024
– Third correspondent clearing customer signed to onboard
– Extended contract to acquire Commercial Bancorp of Wyoming
– Leadership team strengthened with additions of CFO/GC Sandip Patel and Independent Director Steven Carlson
TAMPA, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) — AtlasClear Holdings, Inc. (NYSE: ATCH) (“AtlasClear Holdings” or the “Company”) announced today its financial results for the fourth quarter and full fiscal year ended June 30, 2025. The Company will host its earnings call on Tuesday, September 30, 2025, at 8:30 a.m. Eastern Time.
“We are excited to report good news in our 10-K and cover highlights from our performance tomorrow in our earnings call. To date, more than $43 million of the Company’s debt has been converted into shares, our third correspondent clearing customer has signed to onboard, we have extended our contract to acquire the bank, and our management team is secure and aligned,” stated John Schaible, Executive Chairman of AtlasClear Holdings. “We are better capitalized, and the strong performance of the Company is attracting more strategic options for additional capital.”
“We are growing,” said Mr. Craig Ridenhour, President of AtlasClear Holdings. “Adding correspondent customers is the path to scale for us, but other lines of business that were latent in the company prior to our acquisition are blossoming. Our underwriting business is performing, and the stock loan business began to accelerate this April when we added new management for that line of business. Month to date in September, net stock loan revenue is over $400k, which represents a 42.3% increase over August. We have numerous plans for expansion in fiscal 2026, which include additional technology deployment with our fintech partner LocBox.”
“As an active Board Member since inception, I was involved in helping Management navigate the post De-SPAC obstacles. With over 83% of the liabilities that were accrued through De-SPAC extinguished, the Company is now in a strong position to increase shareholder value,” commented Chief Financial Officer and General Counsel, Sandip Patel. “I invested more in the most recent note secured by the Company and joined as a full time executive because I see the growth and incredible opportunity in front of us.”
“In addition to the artful performance of Management, I rejoined the Board because of the quality of the Board Members,” said Steven Carlson, Director. “This is an invested, deeply experienced group of subject matter experts that are focused on value creation.”
Recent Accomplishments
- Closed a $5 million financing in September 2025, including $2 million from Board members or affiliates, highlighting strong leadership alignment with shareholders.
- Filed the fiscal year 2025 Form 10-K on September 29, reinforcing the Company’s commitment to timely reporting and operational transparency.
- Engaged PCG Advisory to lead investor relations and communications, expanding visibility across institutional and retail markets.
- Appointed Steven Carlson as an Independent Director, enhancing governance, compliance, and Board expertise.
- Signed a third correspondent clearing client, a relationship expected to contribute materially to 2026 performance.