AtlasClear Holdings Secures $20 Million Financing Led by Funicular Funds and Sixth Borough Capital

Reuters10-15

<a href="https://laohu8.com/S/ATCH">AtlasClear</a> Holdings Secures $20 Million Financing Led by Funicular Funds and Sixth Borough Capital

AtlasClear Holdings Inc. has entered into definitive agreements for a $20 million financing led by Funicular Funds, LP, with insider participation from Sixth Borough Capital. The financing includes $10 million in convertible debt with a five-year term at an 11% coupon and a conversion price of $0.75 per share. An additional $10 million, which includes the rollover of $4.25 million from recent debt financing, will be invested through the sale of units at $0.60 per unit. Each unit consists of one share of common stock and one warrant with a strike price of $0.75. The gross proceeds to AtlasClear Holdings, after the debt rollover, will be $15.75 million before fees and expenses. Dawson James acted as the exclusive placement agent for the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlasclear Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-099278), on October 14, 2025, and is solely responsible for the information contained therein.

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