Robert McBey
On January 3, 2025, Robert McBey resigned as a director of AtlasClear Holdings, Inc.
Highest-materiality recent filing
AtlasClear Q3 revenue $4.2M (+65% YoY); net income $4.4M YTD vs prior loss
Revenue $4.2M (+65% YoY); nine-month revenue $13.5M; net income $4.4M ($0.05 diluted EPS).
AtlasClear Q2 revenue up 84% YoY to $5.1M; equity turns positive at $21.7M
Revenue $5.1M, up 84% YoY from $2.7M; net income $6.8M.
AtlasClear to acquire Commercial Bancorp (Farmers State Bank) in mostly equity deal
Acquires 100% of Commercial Bancorp, parent of profitable Federal Reserve member bank Farmers State Bank.
AtlasClear subsidiary Wilson-Davis Oct revenue +113% YoY, net income +169%
Wilson-Davis October revenue $3.05M, up 113% from $1.43M in Oct 2024.
AtlasClear Q1 rev $4.25M (+52% YoY); nets $20M financing, clears going concern
Revenue of $4.25M, up 52% from $2.8M in Q1 FY2025.
AtlasClear subsidiary Wilson-Davis Q1 FY2026 net income up 49% YoY to $900K
Net income $900,475 (+49% YoY); revenue $4,253,741 (+51% YoY).
AtlasClear announces $20M financing: $10M convertible debt + $10M equity units at $0.60/unit
$10M convertible note: 11% coupon, 5-year maturity, conversion at $0.75/share.
AtlasClear reduces De-SPAC debt 83% to ~$8.9M; equity up $43M; signs third clearing client
De-SPAC debt and penalties reduced from $52.6M (June 2024) to ~$8.9M as of Sept 29, 2025.
AtlasClear raises $2M via convertible notes with insiders; appoints new CFO and board member
Additional $2.4M principal convertible notes issued at 20% OID for gross proceeds of $2M; insiders purchased $1.45M.
AtlasClear secures $3M convertible note financing; additional $2M possible
Gross proceeds $3M ($3.6M principal due to 20% OID); notes mature in 6 months or upon $10M+ equity raise.
AtlasClear enters $45M financing with Hanire and extends Funicular note maturity
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.
AtlasClear CFO resigns, quorum threshold lowered to 33.3%
CFO Richard Barber resigned effective December 19, 2024; will assist transition.
AtlasClear Holdings removes CEO Robert McBey; appoints Jeff Sime as WDCO CEO
Board removed Robert McBey as CEO of AtlasClear and subsidiary WDCO, effective Dec 10, 2024.
AtlasClear settles with Chardan, restructures $5.21M note; shareholders approve reverse stock splits
Settlement with Chardan: original $4.15M note exchanged for amended $5.21M non-interest-bearing convertible note (matures Feb 9, 2028); conversion at 95% of VWAP.
Two directors resign from AtlasClear board effective August 28, 2024
Steven Carlson resigned as a director effective August 28, 2024.
Wilson-Davis posts Q1 FY2024 net loss of $290K; AtlasClear files pro forma combined statements
Wilson-Davis revenue of $1.83M, down 13% YoY from $2.11M; net loss deepened to $290K from $194K.
On January 3, 2025, Robert McBey resigned as a director of AtlasClear Holdings, Inc.
On September 23, 2024, the board of directors (the “Board”) of AtlasClear Holdings, Inc. (the “Company”) appointed Mark S. Smith to serve as an independent director of the Company, effective immediately, to fill one of the vacancies created by the previously announced resignations of Steven Carlson and James Tabacchi.
On August 28, 2024, Steven Carlson and James Tabacchi each resigned as a director of AtlasClear Holdings, Inc. (the “Company”), effective as of such date.
On August 28, 2024, Steven Carlson and James Tabacchi each resigned as a director of AtlasClear Holdings, Inc. (the “Company”), effective as of such date.
Max materiality 0.80 · Median 0.62 · Most common event other_material