AtlasClear announces $20M financing: $10M convertible debt + $10M equity units at $0.60/unit

AtlasClear Holdings, Inc.

$10M convertible note: 11% coupon, 5-year maturity, conversion at $0.75/share.
$10M equity units at $0.60/unit: one share + one warrant ($0.75 strike, 5-year term).
$4.25M of recent debt converted; net proceeds ~$15.75M before fees/expenses.
Insider participation: $500k from Sixth Borough Capital (affiliate of placement agent CEO and board member).
Proceeds to accelerate business, onboard correspondents, expand revenue, increase staff and tech.

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