Atlasclear Holdings shares surge 73.33% intraday after updating financing agreement with Hanire LLC.

Atlasclear Holdings, Inc. surged 73.33% intraday after announcing an updated financing agreement with Hanire LLC, increasing the total investment to $45 million and the initial investment to $2 million. The company has also repaid $19.27 million in convertible notes and agreed to use up to $5 million from the initial financing for a stock buyback program. Atlasclear Holdings provides an advanced technology financial services platform focusing on trading, clearing, settlement, and banking services, primarily serving small and medium-sized enterprises.