AtlasClear Holdings Inc

AtlasClear Holdings recorded a 65% revenue increase in the third quarter of 2026 to $4.2 million, driven by a strong expansion of its securities lending business. Net loss narrowed to $1.9 million from $2.9 million a year earlier. Year-to-date revenue rose to $13.5 million, and securities lending revenue increased to $3.0 million. The company expects revenues to continue growing and forecasts EPS of $0.15 for 2026 and $0.22 for 2027; planned acquisitions should further strengthen its offering but remain subject to regulatory approval. » More on de.investing.com

AtlasClear Holdings said in a recent SEC filing that at the annual meeting on May 27 a proposal will be put to vote to raise the 2024 equity-incentive plan from the current 590,046 to 15,590,046 common shares (an increase of 15,000,000). According to a correction to the materials, a representation of at least 33.3% of the outstanding voting power is required for quorum; approval is needed to comply with NYSE‑American listing requirements, IRS Section 422 rules and Reg‑U margin rules. The company notes that no shares have been issued under the plan to date; the stock last traded at $0.25 with a market capitalization of $38.35 million, and quarterly results are expected on May 15. » More on de.investing.com

AtlasClear has signed a letter of intent to acquire Ark Financial Services and its subsidiary Dawson James Securities. The transaction will be financed partly in cash and with common stock and will be executed in two steps: first with a 24.9% purchase and the remainder after FINRA approval. AtlasClear plans to integrate the clearing business through Wilson-Davis and expects, after closing both announced acquisitions, annualized revenues of around $45 million and net income of about $5 million (most recent current revenue: $14.61 million). » More on de.investing.com