AtlasClear Holdings Inc. announced it entered into separate securities purchase agreements with certain institutional investors for a private placement of additional convertible promissory notes totaling $2,400,000 in principal amount, for a gross purchase price of $2,000,000, reflecting a 20% original issue discount. Key participants included board member Sandip Patel, who purchased $1,000,000 in notes, and Sixth Borough Capital Fund, LP, controlled by board member Robert D. Keyser, Jr., which purchased $450,000 in notes. The transactions closed on September 23, 2025. No information on the total number of shares was disclosed in the document.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlasclear Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-093393), on September 25, 2025, and is solely responsible for the information contained therein.