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AtlasClear Secures Agreement From Hanire LLC To Invest Up To $45M Into Company, Through Combination Of Equity And Convertible Debt

Benzinga ·  Jan 1 05:57

The agreements signed with Hanire provide for an up-to-$45 million investment in the form of a combination of equity and convertible debt, comprised of an up-to-$5 million equity investment through the sale of 20 million shares of common stock and a convertible loan for the balance of the investment, including an initial advance of $5 million and additional advances subject to the achievement of specified milestones.

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