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AtlasClear Plans to Seek Remaining Ark Stake in Deal Valued Up to $24.5M

It has completed an initial 24.9% investment; the remaining acquisition is subject to regulatory approval.

Glass doors open into a quiet securities firm lobby / TokenPost.ai
Glass doors open into a quiet securities firm lobby / TokenPost.ai

AtlasClear Holdings, Inc. plans to seek Ark Financial Services' remaining stake after completing an initial 24.9% investment. The deal is valued at up to $24.5 million, and the planned acquisition of the rest is subject to regulatory approval.

Ark Financial Services is the parent company of Dawson James Securities.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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