Atlasclear Holdings Receives Investment Agreement from Hanire for Up to $45M

Reported 4 days ago

Atlasclear Holdings has finalized an agreement with Hanire LLC for an investment of up to $45 million, structured through equity and convertible debt across several tranches, starting with a $5 million tranche expected in January 2025. This investment aims to restructure the company's debt, enhance its subsidiary's business operations, facilitate a potential acquisition, and fund targeted acquisitions.

Source: YAHOO

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