---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-093393"
form_type: "8-K"
ticker: "ATCH"
cik: "0001963088"
company_name: "AtlasClear Holdings, Inc."
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:42:43.839037+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-093393
- form_type: 8-K
- ticker: ATCH
- cik: 0001963088
- company_name: AtlasClear Holdings, Inc.
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1963088/000110465925093393/0001104659-25-093393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1963088/000110465925093393/tm2526929d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-093393
- JSON: https://secwatch.observer/filing/0001104659-25-093393.json
- Plain text: https://secwatch.observer/filing/0001104659-25-093393.txt

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