Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AtlasClear Holdings, Inc. incurred convertible notes of aggregate principal amount of $3,600,000 with certain institutional investors at The Notes do not bear interest maturing the earlier of six months from issuance or the date that the Company completes a Qualified Financing.
- Instrument
- convertible notes
- Principal
- aggregate principal amount of $3,600,000
- Counterparty
- certain institutional investors
- Rate
- The Notes do not bear interest
- Maturity
- the earlier of six months from issuance or the date that the Company completes a Qualified Financing
- Event
- incurrence
Exact text from the filing
On September 16, 2025, AtlasClear Holdings, Inc. (the “Company”) entered into separate securities purchase agreements (each, a “Securities Purchase Agreement”) with certain institutional investors (each, an “Investor”) under which the Company agreed to issue and sell, in a private placement, convertible promissory notes (each, a “Note” and collectively, the “Notes”) for an aggregate principal amount of $3,600,000
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
AtlasClear Holdings, Inc. issued Convertible promissory notes, convertible into equity at the closing of a Qualified Financing at the same per share price as the securities sold in the Qualifie of convertible note to certain institutional investors for gross purchase price of $3,000,000 in cash, reflecting a 20% original issue discount on the principal amount of $3,600,000.
- Security
- convertible note
- Shares
- Convertible promissory notes, convertible into equity at the closing of a Qualified Financing at the same per share price as the securities sold in the Qualifie
- Purchaser
- certain institutional investors
- Consideration
- gross purchase price of $3,000,000 in cash, reflecting a 20% original issue discount on the principal amount of $3,600,000
Exact text from the filing
On September 16, 2025, AtlasClear Holdings, Inc. (the “Company”) entered into separate securities purchase agreements (each, a “Securities Purchase Agreement”) with certain institutional investors (each, an “Investor”) under which the Company agreed to issue and sell, in a private placement, convertible promissory notes (each, a “Note” and collectively, the “Notes”) for an aggregate principal amount of $3,600,000, for a gross purchase price of $3,000,000, reflecting a 20% original issue discount, before fees and other expenses.
View on SEC.gov