◆ NeutralATCH

AtlasClear Holdings Responds to NYSE American Trading Suspension and Delisting Proceedings; Intends to Appeal

GlobeNewswire Inc.·
AtlasClear Holdings Responds to NYSE American Trading Suspension and Delisting Proceedings; Intends to Appeal

AtlasClear Holdings announced that NYSE American suspended trading of its common stock effective immediately and initiated delisting proceedings due to low stock price. The company intends to appeal and expects its stock to trade on the OTC market under symbol 'ATCH'. Despite the trading suspension, AtlasClearing's clearing operations remain compliant with regulatory capital requirements, and the company continues expanding its correspondent clearing business with eight signed broker-dealer agreements.

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