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AtlasClear Holdings Announces 1-For-60 Reverse Stock Split, Common Stock Is Expected To Begin Trading On A Split-Adjusted Basis When The Market Opens On January 2, 2025

Benzinga ·  Dec 21 05:31

Common Stock Will Begin Trading on a Split-Adjusted Basis on January 2, 2025

AtlasClear Holdings, Inc. (NYSE:ATCH) ("AtlasClear Holdings" or the "Company") today announces that it intends to effect a 1-for-60 reverse stock split of its issued and outstanding shares of common stock (the "Reverse Stock Split"). The Reverse Stock Split will become effective on December 31, 2024 (the "Effective Time") upon filing with the Delaware Secretary of State of an amendment to the Company's amended and restated certificate of incorporation (the "Charter"), and the Company's common stock is expected to begin trading on a split-adjusted basis when the market opens on January 2, 2025. The Company's common stock will continue to trade on NYSE American LLC under the symbol "ATCH." The new CUSIP number for the common stock following the Reverse Stock Split will be 128745 205.

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