Robert G. McBey - 09 Feb 2024 Form 4 Insider Report for AtlasClear Holdings, Inc. (ATCH)

Signature
/s/ Robert McBey
Issuer symbol
ATCH
Transactions as of
09 Feb 2024
Net transactions value
$0
Form type
4
Filing time
24 Apr 2024, 21:44:08 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATCH Common Stock Other +950,000 950,000 09 Feb 2024 Direct F1
transaction ATCH Common Stock Other +6,914 +0.73% 956,914 08 Apr 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 9, 2024, the Issuer (f/k/a Calculator New Pubco, Inc.) consummated its initial business combination (the "Business Combination") pursuant to the business combination agreement dated November 16, 2022 (as amended, the "Business Combination Agreement") among Quantum FinTech Acquisition Corporation ("Quantum"), AtlasClear, Inc., a Wyoming corporation, and the other parties thereto. Represents shares of common stock issued to the Reporting Person as part of the consideration for the sale of the target company in the Business Combination.
F2 The Reporting Person acquired the shares of Common Stock as payment of interest under convertible promissory notes issued to certain sellers in the Business Combination, including the Reporting Person, pursuant to amendments to the Stock Purchase Agreement, dated as of April 11, 2022.