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GlobeNewsWire
1 month ago
AtlasClear Holdings Signs Letter of Intent to Acquire Ark Financial Services, Inc. together with its wholly owned subsidiary, Dawson James Securities, Inc.
Acquisition Adds Investment Banking and Capital Markets Origination to AtlasClear's Correspondent-Clearing Platform through Wilson-Davis & Co., Inc. Combined Business Expected to Operate at Approximately $45 Million in Annualized Revenue and Approximately $5 Million in operating Net Income TAMPA, Fla., April 24, 2026 (GLOBE NEWSWIRE) -- AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear” or the “Company”) today announced that it has entered into a Letter of Intent to acquire Ark Financial Services, Inc. together with its wholly owned subsidiary, Dawson James Securities, Inc. (“Dawson James”), a full-service investment bank headquartered in Boca Raton, Florida.