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AtlasClear Holdings, Inc. Provides Update on Financing

1. AtlasClear Holdings plans a partnership with Hanire LLC, enhancing shareholder value. 2. Funding for the investment agreements is expected to occur shortly.

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FAQ

Why Bullish?

The news of a partnership and funding is likely to boost investor confidence, similar to past announcements that triggered rallies for companies with pending strategic partnerships. If executed well, this can lead to increased share value.

How important is it?

This partnership signifies a positive direction for AtlasClear, potentially enhancing its financial stability and operational capability, which are vital for market performance.

Why Short Term?

The anticipated funding represents a near-term event that could influence ATCH's stock price quickly, leading to immediate market reactions as seen in similar financing announcements in other companies.

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HANRCBOEMDT
TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (“AtlasClear Holdings” or the “Company”) (NYSE American: ATCH) has provided an update for their proposed financing and partnership with Hanire LLC. “At the request of shareholders, we want to update the market on the previously announced Hanire investment agreements and the improvements to the transaction for our shareholders, which we anticipate funding shortly,” said Craig Ridenhour, President, AtlasClear Holdings. The agreed upon amende.

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