Atlas Fintech Holdings Corp. - 23 Aug 2024 Form 4 Insider Report for AtlasClear Holdings, Inc. (ATCH)

Role
10%+ Owner
Signature
Atlas FinTech Holdings Corp. By: /s/ John Schaible, CEO
Issuer symbol
ATCH
Transactions as of
23 Aug 2024
Net transactions value
+$936,113
Form type
4
Filing time
04 Apr 2025, 16:01:26 UTC
Previous filing
24 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATCH Common Stock Other $803,484 +46,471 +121% $17.29 84,911 23 Aug 2024 Direct F1
transaction ATCH Common Stock Other $132,662 +2,565 +2.5% $51.72 107,202 23 Aug 2024 Direct F2
transaction ATCH Common Stock Sale $99,562 -6,250 -5.8% $15.93* 100,952 18 Nov 2024 Direct F3
transaction ATCH Common Stock Sale $27,058 -2,083 -2.1% $12.99* 98,869 19 Nov 2024 Direct F4
transaction ATCH Common Stock Other $126,588 +27,282 +28% $4.64 126,151 22 Jan 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of Common Stock issued to the Reporting Person at a price of $17.29 per share to satisfy approximately $803,000 of previous cash advances by the Reporting Person to the Issuer to cover costs and expenses with a Business Combination Agreement.
F2 Represents additional restricted shares of Common Stock issued to the Reporting Person as consideration for advancing the Issuer 19,727 shares of registered Common Stock to satisfy accrued interest obligations to third party convertible noteholders.
F3 Represents aggregate open market sales on this date at a weighted average price of $15.93 with a range of sale prices of $13.37 to $17.48. The Reporting Person undertakes to provide the SEC staff, the Issuer or a security holder full information regarding the number of shares sold at each separate price upon request.
F4 Represents aggregate open market sales on this date at a weighted average price of $12.99 with a range of sale prices of $12.24 to $13.23. The Reporting Person undertakes to provide the SEC staff, the Issuer or a security holder full information regarding the number of shares sold at each separate price upon request.
F5 Represents shares of restricted Common Stock issued to the Reporting Person by the Issuer in consideration and satisfaction of $126,667 of funds previously advanced to the Issuer.

Remarks:

Note: All amounts are adjusted to reflect a 60-1 reverse stock split effective January 2, 2025.