24/7 Market News Snapshot 15 October, 2025 – AtlasClear Holdings, Inc. (NYSE:ATCH)
DENVER, Colo., 15 October, 2025 (www.247marketnews.com) – (NYSE:ATCH) are discussed in this article.
AtlasClear Holdings, Inc. is experiencing significant momentum, with shares trading up to $0.507 in the pre-market session, marking an impressive 26.25% rise from the previous close of $0.402. The strong activity, characterized by a substantial volume of 9.12 million shares traded, signals heightened investor interest and confidence in the company’s future outlook. This bullish trend indicates potential for further upward movement, making it a key stock to watch in today’s trading environment.
In conjunction with this positive trading activity, AtlasClear has also announced a successful financing round, raising $20 million to further its growth strategy. This financing was spearheaded by Funicular Funds, LP, alongside critical support from Sixth Borough Capital. The funding consists of $10 million in convertible debt bearing an 11% interest rate, convertible at a price of $0.75 per share, paired with $10 million derived from unit sales at $0.60 each, where each unit includes one share of common stock and one warrant.
John Schaible, the Executive Chairman, highlighted that this financing reflects substantial confidence from the investment community. He noted that the newly acquired capital will expedite the company’s strategic initiatives, enable an expansion of its correspondent network, and open avenues for new revenue streams. In line with this, President Craig Ridenhour remarked that the funding will enhance operational scaling, team expansion, and the integration of cutting-edge technologies within their services.
AtlasClear is dedicated to transforming the trading, clearing, and banking services landscape, particularly for small to mid-market financial institutions. Through its subsidiary, Wilson-Davis & Co., Inc., and the planned acquisition of Commercial Bancorp of Wyoming, the company aims to deliver a comprehensive suite of services, including brokerage, clearing, risk management, regulatory reporting, and commercial banking. With a leadership team rich in industry expertise, AtlasClear is strategically positioned for accelerated growth and increased influence in the financial sector.