---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-001831"
form_type: "8-K"
ticker: "ATCH"
cik: "0001963088"
company_name: "AtlasClear Holdings, Inc."
filed_at: "2025-01-08T23:59:59+00:00"
generated_at: "2026-05-28T07:17:21.840747+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AtlasClear enters $45M financing with Hanire and extends Funicular note maturity

## Summary
- Entered securities purchase agreement with Hanire for up to 333,333 shares at $15.00/share (post 1-for-60 reverse split) and $40M convertible note at 12% simple interest.
- Note funded in tranches tied to milestones (e.g., $5M at closing, $12.5M upon Wilson-Davis settlement); conversion at 60% of 20-day VWAP.
- Amended $6M Funicular secured note: maturity extended to Jan 31, 2028; defaults waived; consent to Hanire deal granted.
- Stockholders approved Wilson-Davis, Chardan, Funicular, Winston & Strawn, and Tau stock issuances; 1-for-3 reverse split proposal rejected.
- Authorized shares increased to 500M common and 25M preferred; 1-for-60 reverse split filed and effective Dec 31, 2024.

## SEC filing metadata
- accession: 0001104659-25-001831
- form_type: 8-K
- ticker: ATCH
- cik: 0001963088
- company_name: AtlasClear Holdings, Inc.
- filed_at: 2025-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1963088/000110465925001831/0001104659-25-001831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1963088/000110465925001831/tm252200d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-001831
- JSON: https://secwatch.observer/filing/0001104659-25-001831.json
- Plain text: https://secwatch.observer/filing/0001104659-25-001831.txt

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