Richard Korhammer - Feb 9, 2024 Form 4 Insider Report for Quantum FinTech Acquisition Corp (QFTA)

Role
Director
Signature
/s/ Richard Korhammer
Stock symbol
QFTA
Transactions as of
Feb 9, 2024
Transactions value $
$0
Form type
4
Date filed
2/21/2024, 05:27 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QFTA Common Stock Disposed to Issuer -40.8K -100% 0 Feb 9, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard Korhammer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Business Combination Agreement, dated November 16, 2022, as amended, by and among (i) the Issuer, (ii) Calculator New Pubco, Inc., a Delaware corporation and a wholly-owned Subsidiary of Issuer ("New Pubco"), (iii) Calculator Merger Sub 1, Inc., a Delaware corporation and a wholly-owned Subsidiary of New Pubco ("Merger Sub 1"), (iv) Calculator Merger Sub 2, Inc., a Delaware corporation and a wholly-owned Subsidiary of New Pubco, (v) AtlasClear, Inc., a Wyoming corporation, (vi) Atlas FinTech Holdings Corp, a Delaware corporation and (vii) Robert McBey, on February 9, 2024, the Issuer merged with and into Merger Sub 1, with Issuer surviving as a wholly-owned subsidiary of New Pubco (the "Business Combination"). As a result of the Business Combination, each issued and outstanding share of common stock of the Issuer was exchanged for one share of common stock of New PubCo.