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New Deal


Announced

Completed

AtlasClear went public via merger with Quantum FinTech Acquisition.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Reverse Takeover

FinTech

United States

Friendly

Merger

De-SPAC

Single Bidder

Acquisition

financial technology

Domestic

Majority

Completed

Synopsis

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AtlasClear, a cutting-edge technology enabled financial services firm, went public via merger with Quantum FinTech Acquisition, a publicly traded special purpose acquisition company. Financial terms were not disclosed. “We expect that going public will provide us with a source of capital to grow AtlasClear and advance our strategic priorities, while acquiring and integrating WDCO and CB will add the requisite regulatory structures. Together, we believe this business combination will advance our vision to create a FinTech forward alternative for market participants,” Craig Ridenhour, Atlas FinTech Holdings CBDO.

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