AtlasClear Holdings, Inc. Expects to File its Transition Report including Financials by October 15th
AtlasClear Holdings, Inc. (NYSEAM: ATCH) has announced a delay in filing its transition report for the period ended June 30, 2024, which will be the company's first periodic report since changing its fiscal year end. The report, expected to be filed by October 15th, will include financials as of the end of that period.
CEO Robert McBey expressed anticipation for the report's release, suggesting it will reflect continued progress in integrating and expanding Wilson-Davis' business. This announcement follows the recent appointment of Mark Smith to AtlasClear Holdings' board of directors, signaling the company's long-term vision for the evolution of global financial markets.
Executive Chairman John Schaible highlighted the company's progress and their goal to create a unique fintech platform serving small financial institutions.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) ha annunciato un ritardo nella presentazione della sua relazione di transizione per il periodo conclusosi il 30 giugno 2024, che rappresenter脿 il primo rapporto periodico dell'azienda dopo la modifica della chiusura dell'anno fiscale. Il rapporto, previsto per essere presentato entro il 15 ottobre, includer脿 i dati finanziari al termine di quel periodo.
Il CEO Robert McBey ha espresso aspettativa per il rilascio del rapporto, suggerendo che rifletter脿 i progressi continui nell'integrazione e nell'espansione dell'attivit脿 di Wilson-Davis. Questo annuncio segue la recente nomina di Mark Smith nel consiglio di amministrazione di AtlasClear Holdings, segnalando la visione a lungo termine dell'azienda per l'evoluzione dei mercati finanziari globali.
Il Presidente Esecutivo John Schaible ha messo in evidenza i progressi dell'azienda e il loro obiettivo di creare una piattaforma fintech unica per servire le piccole istituzioni finanziarie.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) ha anunciado un retraso en la presentaci贸n de su informe de transici贸n para el per铆odo que finaliz贸 el 30 de junio de 2024, que ser谩 el primer informe peri贸dico de la empresa desde que cambi贸 el final de su a帽o fiscal. Se espera que el informe se presente para el 15 de octubre e incluir谩 los datos financieros al final de ese per铆odo.
El CEO Robert McBey expres贸 su anticipaci贸n por la publicaci贸n del informe, sugiriendo que reflejar谩 el progreso continuo en la integraci贸n y expansi贸n del negocio de Wilson-Davis. Este anuncio sigue a la reciente designaci贸n de Mark Smith en la junta directiva de AtlasClear Holdings, se帽alando la visi贸n a largo plazo de la empresa para la evoluci贸n de los mercados financieros globales.
El Presidente Ejecutivo John Schaible destac贸 el progreso de la empresa y su objetivo de crear una plataforma fintech 煤nica que sirva a las peque帽as instituciones financieras.
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AtlasClear Holdings, Inc. (NYSEAM: ATCH) a annonc茅 un retard dans le d茅p么t de son rapport de transition pour la p茅riode se terminant le 30 juin 2024, qui sera le premier rapport p茅riodique de l'entreprise depuis le changement de la cl么ture de son exercice fiscal. Le rapport, qui devrait 锚tre d茅pos茅 d'ici le 15 octobre, comprendra les donn茅es financi猫res 脿 la fin de cette p茅riode.
Le PDG Robert McBey a exprim茅 son anticipation quant 脿 la publication du rapport, sugg茅rant qu'il refl茅tera les progr猫s continus dans l'int茅gration et l'expansion de l'activit茅 Wilson-Davis. Cette annonce fait suite 脿 la r茅cente nomination de Mark Smith au conseil d'administration d'AtlasClear Holdings, signalant la vision 脿 long terme de l'entreprise pour l'茅volution des march茅s financiers mondiaux.
Le Pr茅sident ex茅cutif John Schaible a soulign茅 les progr猫s de l'entreprise et leur objectif de cr茅er une plateforme fintech unique pour servir les petites institutions financi猫res.
AtlasClear Holdings, Inc. (NYSEAM: ATCH) hat eine Verz枚gerung bei der Einreichung ihres 脺bergangsberichts f眉r den Zeitraum zum 30. Juni 2024 angek眉ndigt, der der erste regelm盲脽ige Bericht des Unternehmens nach der 脛nderung des Gesch盲ftsjahres sein wird. Der Bericht, der bis zum 15. Oktober eingereicht werden soll, wird die Finanzdaten zum Ende dieses Zeitraums enthalten.
CEO Robert McBey 盲u脽erte seine Vorfreude auf die Ver枚ffentlichung des Berichts und deutete an, dass dieser weiterhin Fortschritte bei der Integration und Expansion des Wilson-Davis-Gesch盲fts widerspiegeln wird. Diese Ank眉ndigung folgt der j眉ngsten Ernennung von Mark Smith in den Vorstand von AtlasClear Holdings, was die langfristige Vision des Unternehmens f眉r die Entwicklung der globalen Finanzm盲rkte signalisiert.
Vorstandsvorsitzender John Schaible hob den Fortschritt des Unternehmens und das Ziel hervor, eine einzigartige Fintech-Plattform f眉r kleine Finanzinstitute zu schaffen.
- Anticipated positive financial performance reflecting business integration and expansion
- Appointment of Mark Smith, an authority in digital assets, to the board of directors
- Progress towards creating a unique fintech platform for small financial institutions
- Delay in filing the transition report
- Change in fiscal year end potentially affecting year-over-year comparisons
鈥淲e are eager to file our transition report and disclose our end of year numbers to the public. We expect that the performance will reflect continued progress towards integration and expansion of Wilson-Davis鈥� business,鈥� said Robert McBey, CEO of AtlasClear Holdings and CEO of
This announcement comes of the heels of last week鈥檚 appointment of Mark Smith to the board of directors of AtlasClear Holdings. Mr. Smith is recognized as an authority in digital assets and tokenization whose appointment, we believe, signals AtlasClear Holdings鈥� broader, long-term vision of the evolution of global financial markets.
鈥淲e are excited about the progress we are making as we look forward to expanding operational efficiencies. We believe we have a wonderful opportunity to create a unique fintech platform to service the small financial institution space that lacks options,鈥� said John Schaible, Executive Chairman of AtlasClear Holdings.
About AtlasClear Holdings, Inc.
AtlasClear Holdings plans to build a cutting-edge technology enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on the small and middle market financial services firms. The strategic goal of AtlasClear Holdings is to have a fully vertically integrated suite of cloud-based products including account opening, trade execution, risk management, regulatory reporting and settlement. The team that leads AtlasClear Holdings consists of respected financial services industry veterans that have founded and led other companies in the industry including Penson Clearing, Southwest Securities, NexTrade, Symbiont, and Anderen Bank.
About the Financial Technology
The nature of the combined entity is expected to be supported by robust, proven, financial technologies with a full suite that will enable the flow of business and success of the enterprise. The combined entity is expected to have a full exchange platform for a spectrum of financial products. In addition, the combined entity is expected to have a full prime brokerage and, following the completion of the proposed acquisition of Commercial Bancorp of
AtlasClear Holdings is expected to be run by a new digital suite of technologies that became part of the transaction at closing.
About
About Commercial Bancorp of
Commercial Bancorp is a bank holding company operating through its wholly-owned subsidiary, Farmers State Bank (鈥淔SB鈥�) and has been servicing the local community in
Cautionary Statements Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that reflect AtlasClear Holdings鈥� current views with respect to, among other things, the future operations and financial performance of AtlasClear Holdings. Forward-looking statements in this communication may be identified by the use of words such as "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "foreseeable," "future," "intend," "may," "outlook," "plan," "potential," "proposed," "predict," "project," "seek," "should," "target," "trends," "will," "would" and similar terms and phrases. Forward-looking statements contained in this communication include, but are not limited to, statements as to (i) AtlasClear Holdings鈥� expectations as to operational results, (ii) AtlasClear Holdings鈥� expectations regarding timing to file its transition report, (iii ) AtlasClear Holdings鈥� expectations regarding the benefits of the new board appointment (iv) AtlasClear鈥檚 anticipated growth strategy, including expected acquisitions, and (v) the financial technology of AtlasClear Holdings.
The forward-looking statements contained in this communication are based on the current expectations of AtlasClear Holdings and its management and are subject to risks and uncertainties. No assurance can be given that future developments affecting AtlasClear Holdings will be those that are anticipated. Actual results may differ materially from current expectations due to changes in global, regional or local economic, business, competitive, market, regulatory and other factors, many of which are beyond the control of AtlasClear Holdings. Should one or more of these risks or uncertainties materialize, or should any of the assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Factors that could cause actual results to differ may emerge from time to time, and it is not possible to predict all of them.
Such factors include, but are not limited to: AtlasClear鈥檚 inability to successfully integrate, and/or realize the anticipated benefits of, the acquisition of
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