AtlasClear Holdings, Inc. (NYSE:ATCH) ("AtlasClear" or the "Company"), a company building regulated financial infrastructure for smaller institutions, fintechs and advisors, today announced two significant steps in the build-out of its platform: the Company has entered into a non-binding letter of intent to acquire a revenue-generating institutional digital asset business (the "Target"), and has executed an amendment to its previously announced letter of intent to acquire Ark Financial Services, Inc. ("Ark Financial") and its wholly owned subsidiary, Dawson James Securities, Inc. ("Dawson James"), a full-service investment firm.
Together, the two acquisitions would extend AtlasClear’s platform across traditional securities and institutional digital asset markets while adding established, revenue-generating operating businesses. The parties have agreed to keep the Target’s identity confidential until execution of a definitive agreement. Based on 2025 year-end results, the Target generated approximately $9.2 million in revenue and $3.5 million in EBITDA, and Dawson James generated revenue of approximately $26.2 million and EBITDA of just over $3.2 million — a combined addition of approximately $35.4 million in revenue and approximately $6.7 million in EBITDA. Based on unaudited revenue through June 2026 provided by the Companies, the two businesses have a combined 2026 revenue run rate of over $56 Million.
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