AtlasClear Holdings, Inc. Announces Agreement for an Investment of up to $45 million in its Company
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AtlasClear Holdings, Inc. (NYSE: ATCH) has secured an investment agreement with Hanire LLC for up to $45 million, involving equity and convertible debt. The first $5 million tranche is expected in January 2025, pending closing conditions.
December 31, 2024 | 10:00 pm
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AtlasClear Holdings has secured a significant investment agreement with Hanire LLC for up to $45 million, which could enhance its financial position and growth prospects. The investment will be made in tranches, with the first $5 million expected in January 2025.
The investment agreement with Hanire LLC provides AtlasClear Holdings with up to $45 million, which is a substantial amount that can be used for growth and expansion. The structured tranches, starting with $5 million in January 2025, indicate a planned and strategic infusion of capital, likely to positively impact the company's financial health and stock price.
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