AtlasClear Holdings, Inc. (ATCH), a featured client of New to The Street, reported it is on schedule to file its Form 10-K by September 29, 2025. The filing will reflect considerable growth across its business divisions and significant progress towards its overall strategic objectives.
John Schaible, Executive Chairman of AtlasClear Holdings, addressed shareholder inquiries, confirming that the company’s fiscal year concluded on June 30, 2025. He emphasized the substantial growth in the stock loan segment, which increased from negligible levels in 2024 to approximately 12% of revenue in June 2025. This growth continued into July and August, further exceeding expectations. Schaible attributed this success to the company’s financial technology partnership with LocBox.
The company’s strategic vision includes leveraging its LocBox collaboration to develop a transparent, scalable, and profitable business segment. This strategy aims to solidify AtlasClear Holdings’ position as a leader in securities lending innovation.
Since its DeSPAC transaction, AtlasClear Holdings has made significant progress in reducing its debt load, paying down over $21.25 million. This includes the complete repayment of obligations associated with Wilson-Davis & Co.’s previous shareholders. Simultaneously, the company is advancing several introducing broker relationships currently in development.
Craig Ridenhour, President of AtlasClear Holdings, provided further details on the company’s recent activities. He noted that Wilson-Davis & Co., a wholly-owned subsidiary, recently concluded an underwriting agreement to raise up to $75 million for Limitless X Holdings Inc. This Reg A+ offering is designed to support Limitless X’s expansion of its “Look Good, Feel Great” ecosystem, encompassing health and wellness, entertainment, digital assets, and high-performance living.
Ridenhour described the Limitless X offering as a model for future business endeavors. He highlighted the significant social media following of Jas Mathur, CEO of Limitless X, believing this will enhance the offering’s reach and democratize access to initial public offerings.
AtlasClear Holdings is developing a technology-driven financial services company. The company aims to create a more streamlined platform for trading, clearing, settlement, and banking of innovative financial products. Its focus is on small and medium-sized financial services companies, offering a vertically integrated suite of cloud-based tools, including account opening, trade execution, risk management, regulatory reporting, and settlement. The company’s leadership team comprises seasoned industry experts with experience in several prominent financial institutions.
Wilson-Davis & Co. is a full-service correspondent securities broker-dealer registered with the SEC, FINRA, and SIPC, and a member of DTCC and NSCC. Founded in 1968 and headquartered in Salt Lake City, Utah, Wilson-Davis & Co. has branch offices in several states across the country.
Commercial Bancorp of Wyoming, through its subsidiary Farmers State Bank, is a long-standing community bank established in 1915. As a member of the Federal Reserve, it is expected to be a valuable asset in AtlasClear Holdings’ long-term growth strategy.
Limitless X Holdings Inc. is developing a diversified ecosystem that encompasses health, wellness, entertainment, community, and brand development. Its scalable e-commerce platform provides innovative products and services aimed at enhancing consumer lifestyles and well-being.
LocBox is a web-based platform for managing stock loan inventory, integrating with application programming interfaces (APIs). It facilitates the monetization of hard-to-borrow inventory through legal and compliant methods, ensuring transparent and verifiable short sale execution.
Related
