AtlasClear Holdings, Inc.

AtlasClear Holdings Expands Correspondent Clearing Business with Seventh Broker-Dealer Agreement

AtlasClear Holdings executed its seventh correspondent broker-dealer agreement through subsidiary AtlasClearing as it scales its correspondent clearing platform for smaller broker-dealers. The release restated fiscal 2026 results: total revenue up 85% to $20.1 million, stock locate revenue growing from $0.3 million to $6.8 million, and roughly 54% of revenue now coming from non-commission sources. Management expects signed correspondents to drive clearing fees, stock loan revenue, and interest income as onboarding completes, noting the revenue contribution from new correspondents is not yet reflected in results. The company also disclosed pending acquisitions of Ark Financial Services and planned acquisition of Commercial Bancorp of Wyoming, subject to FINRA, banking, and stockholder approvals.

•6d ago

AtlasClear Holdings Signs Definitive Agreement to Acquire Ark Financial Services, including its Dawson James Securities Subsidiary, and Completes Initial 24.9% Investment

AtlasClear Holdings signed a definitive agreement to acquire Ark Financial Services, parent of investment bank Dawson James Securities, and concurrently closed its initial 24.9% equity purchase. The deal, worth up to $24.5 million, is structured to limit dilution: no shares were issued for the initial stake, and the $13.8125 million stock consideration at closing will be priced at a five-day VWAP with no discount, warrants, or price resets. On a combined basis the companies generated approximately $47.0 million in total revenues plus interest income in their most recent fiscal years — more than double AtlasClear's standalone $21.9 million — and Dawson James was profitable in 2025 with audited net income of roughly $2.4 million. Closing remains subject to FINRA approval and AtlasClear stockholder approval; notably, Ark's majority owner Bob Keyser is an AtlasClear director, though the deal was approved by independent board members.

•11d ago

AtlasClear Holdings Announces Share Purchases by Executive Leadership and Directors

AtlasClear Holdings announced that five executives and directors bought an aggregate 815,000 shares with personal funds on September 24-25, 2026, for roughly $162,500. Buyers included Executive Chairman John Schaible, President Craig Ridenhour, CFO Sandip Patel, and directors Thomas Jon Hammond and Steven J. Carlson, per amended Form 4 filings. The original Form 4s mis-coded the purchases as company grants; amended filings now reflect open-market buys, and management framed the purchases as alignment with shareholders.

•28d ago

AtlasClear Holdings Reports Preliminary Fiscal 2026 Revenue of Approximately $20.1 Million, Up 85%; Revenue Plus Interest Income of Approximately $21.9 Million

AtlasClear posted preliminary fiscal 2026 revenue of approximately $20.1 million, up about 85% from $10.9 million, with revenue plus interest income of roughly $21.9 million. Growth was driven by both the core business and new lines: stock locate fees scaled from a standing start to approximately $6.8 million (34% of revenue) while commissions rose about 56% to $9.3 million, lifting non-commission revenue to roughly 54% of the total. The company expects net income of approximately $2.0 million -- its second consecutive positive year -- with cash more than doubling to $15.4 million and stockholders' equity swinging to $21.1 million from a $6.8 million deficit, all without any dilutive capital raise since October 2025. Six new correspondent broker-dealers have signed but none of their revenue is in these results yet, with contributions expected in fiscal 2027; the audited 10-K and conference call are expected by September 28, 2026.

•1mo ago

AtlasClear Holdings Executes Sixth Correspondent Broker-Dealer Agreement

AtlasClear Holdings executed its sixth correspondent broker-dealer agreement through AtlasClearing, its clearing subsidiary formerly known as Wilson-Davis & Co., extending a pipeline that advanced with the fifth agreement announced in April. The company added operations staff and strengthened its executive bench with hires from Robinhood and Axos, while a compliance professional from Morgan Stanley joined to enhance its anti-money laundering program. Executive Chairman John Schaible said each agreement adds revenue potential on a cost base that is largely in place, though the release discloses no financial terms for any of the six deals. AtlasClear also said it expects to timely file its FY2026 Form 10-K, while its pending acquisitions -- including Dawson James and a Commercial Bancorp of Wyoming deal that must be refiled with regulators -- remain subject to non-binding agreements and approvals.

•1mo ago

PRISM MarketView Features Exclusive Q&A with AtlasClear Holdings Executive Chairman John Schaible and President Craig Ridenhour on Digital Asset Strategy, M&A and Platform Buildout

AtlasClear executives discussed in a PRISM MarketView interview the strategic rationale for pending LOIs to acquire a digital asset business and Ark Financial Services, parent of Dawson James Securities. Management expects an initial 24.9% closing of the Ark Financial transaction within 30 days, structured below FINRA approval thresholds. The deals are projected to add approximately $35.4 million in revenue and $6.7 million in EBITDA based on unaudited 2025 year-end results, with a combined 2026 revenue run rate exceeding $56 million. Executive Chairman John Schaible highlighted the shift in the market towards tokenization by major clearinghouses like the DTCC, positioning AtlasClear to serve the infrastructure needs of smaller broker-dealers in both traditional and digital asset markets.

•2mo ago

AtlasClear Holdings Signs Letter of Intent to Acquire an Institutional Digital Asset Business and Advances Acquisition of Dawson James Securities

AtlasClear signed a non-binding letter of intent to acquire an undisclosed institutional digital asset business and amended its LOI to acquire Dawson James Securities, moving to close an initial 24.9% stake within 30 days. Based on 2025 results, the two acquisitions are expected to add approximately $35.4 million in revenue and $6.7 million in EBITDA, with a combined 2026 revenue run rate exceeding $56 million. The digital asset target holds active international regulatory registrations, while Dawson James has already begun clearing through AtlasClear’s subsidiary Wilson-Davis & Co.

•3mo ago

ATCH: 8-K · earnings release

AtlasClear Holdings, Inc. reported a 65% year-over-year increase in third quarter revenue to $4.2 million, compared to $2.5 million in the prior-year quarter. This significant growth reflects the company's successful operational scaling and commercialization of its technology-enabled financial services platform. Fiscal year-to-date revenue increased 67% to $13.5 million, compared to $8.1 million in the prior-year period. The company also reported a net income of $4.4 million, or $0.05 per diluted share, compared to a net loss per share of $(0.02) in the prior-year nine-month period. AtlasClear has made substantial progress in reducing legacy de-SPAC liabilities by more than 95% since fiscal year-end 2024, from approximately $34 million to under $1 million. Stockholders’ equity improved to $22.3 million as of March 31, 2026, compared to a deficit of $(6.8) million as of June 30, 2025. The company has signed or is actively onboarding five correspondent clearing relationships and has submitted a formal application to the Federal Reserve and Wyoming Division of Banking for the proposed acquisition of Commercial Bancorp of Wyoming. Additionally, AtlasClear executed a Letter of Intent to acquire Ark Financial Services and its broker-dealer subsidiary, Dawson James Securities.

SEC 8-K•5mo ago

AtlasClear Holdings Signs Fifth Correspondent Broker-Dealer Agreement

AtlasClear executed its fifth correspondent broker-dealer agreement through its Wilson-Davis & Co. subsidiary, extending a pipeline of relationships that has advanced over recent quarters. Management cited the new agreement as evidence that broker-dealers are increasingly seeking partners with modern infrastructure and the capacity to scale away from legacy clearing relationships. The company continues to advance discussions with prospective partners as it scales its platform, alongside its pending acquisition of Commercial Bancorp of Wyoming.

•5mo ago