AtlasClear raises $2M via convertible notes with insiders; appoints new CFO and board member

AtlasClear Holdings, Inc.

Additional $2.4M principal convertible notes issued at 20% OID for gross proceeds of $2M; insiders purchased $1.45M.
John Schaible (Exec Chairman) and Craig Ridenhour (President) get 3-year deals with $400K base salary, $300K cash signing bonus, and stock grants.
Sandip Patel appointed CFO and General Counsel; $350K base salary, $250K signing bonus; resigned from board committees.
Steven Carlson appointed to board, serving on audit and nominating/corporate governance committees.
Executives eligible for stock awards (up to 1% of outstanding each) if stock hits price thresholds from $0.75 to $1.74 over 10 days.

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