---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-111501"
form_type: "8-K"
ticker: "ATCH"
cik: "0001963088"
company_name: "AtlasClear Holdings, Inc."
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:09:55.776320+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AtlasClear settles with Chardan, restructures $5.21M note; shareholders approve reverse stock splits

## Summary
- Settlement with Chardan: original $4.15M note exchanged for amended $5.21M non-interest-bearing convertible note (matures Feb 9, 2028); conversion at 95% of VWAP.
- Registration rights amended: file resale registration by Dec 31, 2024; fails: 2% interest until filed, 19.99% if not effective by Mar 31, 2025.
- Shareholders approved 1-for-30, 40, 50, and 60 reverse stock split proposals; board may implement any by Oct 25, 2025.
- Shareholders also approved increase in authorized common shares from 100M to 500M and preferred from 1M to 25M.
- Special meeting had 54.7% turnout (12.7M of 23.3M shares voted).

## SEC filing metadata
- accession: 0001104659-24-111501
- form_type: 8-K
- ticker: ATCH
- cik: 0001963088
- company_name: AtlasClear Holdings, Inc.
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1963088/000110465924111501/0001104659-24-111501-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1963088/000110465924111501/tm2426825d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-111501
- JSON: https://secwatch.observer/filing/0001104659-24-111501.json
- Plain text: https://secwatch.observer/filing/0001104659-24-111501.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.