AtlasClear Holdings to Present at Emerging Growth Conference on March 26, 2025
PorAinvest
martes, 25 de marzo de 2025, 11:18 pm ET1 min de lectura
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The company's recent financial performance has generated significant interest, with Wilson Davis & Company, a wholly-owned subsidiary of AtlasClear, reporting revenues exceeding $13.2 million and net income of $1.75 million on a non-GAAP, stand-alone basis in 2024 [1]. This news led to substantial trading volume and volatility, with the stock reaching over 145,000,000 shares and hitting highs reflecting a 400% increase in value on February 21, 2025 [1].
AtlasClear's financial growth has been accompanied by a substantial increase in market capitalization. Following a 1-for-60 reverse split effective December 31, 2024, the company had just over 387,000 shares outstanding. However, through conversions of convertible notes, the number of outstanding shares grew to over 3,320,000 as of February 28, 2025, reducing debt significantly and reflecting an increase in market capitalization over 800% to just over $10,700,000,000 [1].
AtlasClear's presentation at the Emerging Growth Conference is expected to provide further insights into the company's innovative financial services platform and its potential impact on the small and middle market financial services sector.
[1] "AtlasClear-Holdings, Inc. March 2025 Stockholder Update." MarketScreener, 21 Feb. 2025, https://www.marketscreener.com/quote/stock/ATLASCLEAR-HOLDINGS-INC-120020645/news/AtlasClear-Holdings-Inc-March-2025-Stockholder-Update-49223702/
AtlasClear Holdings to present on Emerging Growth Conference on March 26, 2025. The Company plans to build a cutting-edge financial services firm that creates an efficient platform for trading, clearing, and settlement of financial products. Executive Chairman John Schaible and President Craig Ridenhour will present and answer questions from investors and analysts. The presentation will be live and interactive, with an archived webcast available later.
AtlasClear Holdings, Inc. (NYSEAMEX: ATCH), a pioneering financial services firm, is set to present at the Emerging Growth Conference on March 26, 2025 [1]. The presentation, led by Executive Chairman John Schaible and President Craig Ridenhour, will showcase AtlasClear's vision of creating an efficient platform for trading, clearing, settlement, and banking of innovative financial products, with a particular focus on small and middle market financial services firms.The company's recent financial performance has generated significant interest, with Wilson Davis & Company, a wholly-owned subsidiary of AtlasClear, reporting revenues exceeding $13.2 million and net income of $1.75 million on a non-GAAP, stand-alone basis in 2024 [1]. This news led to substantial trading volume and volatility, with the stock reaching over 145,000,000 shares and hitting highs reflecting a 400% increase in value on February 21, 2025 [1].
AtlasClear's financial growth has been accompanied by a substantial increase in market capitalization. Following a 1-for-60 reverse split effective December 31, 2024, the company had just over 387,000 shares outstanding. However, through conversions of convertible notes, the number of outstanding shares grew to over 3,320,000 as of February 28, 2025, reducing debt significantly and reflecting an increase in market capitalization over 800% to just over $10,700,000,000 [1].
AtlasClear's presentation at the Emerging Growth Conference is expected to provide further insights into the company's innovative financial services platform and its potential impact on the small and middle market financial services sector.
[1] "AtlasClear-Holdings, Inc. March 2025 Stockholder Update." MarketScreener, 21 Feb. 2025, https://www.marketscreener.com/quote/stock/ATLASCLEAR-HOLDINGS-INC-120020645/news/AtlasClear-Holdings-Inc-March-2025-Stockholder-Update-49223702/

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