AtlasClear Holdings, (“AtlasClear Holdings” or the “Company”) announces a $500,000 debenture investment from Sixth Borough Capital LP, which is led by the CEO of Dawson James, Robert D. Keyser, Jr.
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“The Company is excited to announce its investment partnership with Sixth Borough,” said John Schaible, Executive Chairman. “Our publicly stated goals include enhancing revenues through Introducing Broker relationships, increased retail, and investment banking. This investment from Sixth Borough supports those goals in every way and when combined with the anticipated upcoming financing from Hanire LLC, the Company will be positioned to accelerate growth.”
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In addition to the investment, the CEO of Dawson James, Robert D. Keyser, Jr., has been appointed to an Advisory Board Role and will be promptly nominated to the Board. “We are excited about our partnership with Sixth Borough Capital LLC. and we feel fortunate to add someone of Bob’s caliber to our Board,” said Company President Craig Ridenhour. “Mr. Keyser will help the Company’s efforts to explore synergies between our clearing company and Dawson James, investment banking, general strategy, and especially crypto strategy.”
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“I look forward to working with the Board of AtlasClear to help maximize the opportunities available to the Company,” commented Mr. Keyser. “We think the Company is undervalued and it has a deeply experienced Board. We will work together to enhance value to the Shareholders going forward.”
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Source : businesswire