AtlasClear Holdings, (“AtlasClear Holdings” or the “Company”) announced the appointment of Mr. Steven Carlson to the Board of Directors as an Independent Board member.
AtlasClear Holdings reported that Mr. Steven Carlson has accepted its invitation to return to the Board of Directors. The Company recently announced that Director Sandip Patel joined the Company as General Counsel and Chief Financial Officer, thereby changing Mr. Patel’s Independent Director status. The appointment of Mr. Carlson satisfies the NYSE requirement that at least 50% of Board members be Independent for a smaller reporting company. Mr. Carlson will replace Mr. Patel on the Audit Committee and the Nominating and Governance Committee.
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“We are excited that Steve has agreed to return to our Board,” stated John Schaible, Executive Chairman of the Company. “When Steve stepped away from the Board for personal reasons last year, it was a major loss of talent for the Company. Steve’s experience as co-founder of Marco Polo Exchange and CEO of MPS, former President of StoneX’s securities business, and Head of the global Emerging Markets business at Lehman Brothers, along with his prior service as a Board member of both the SPAC and ATCH, made him our preferred choice to add to the Board’s Independent members.”
“I am honored to return to the AtlasClear board,” said Mr. Carlson. “I am impressed with the progress the Company has made in shoring up its balance sheet and implementing constructive management changes. The three pillars of a successful Fintech company are people, systems, and capital. AtlasClear has cultivated and secured all three. I am delighted to rejoin the team and help drive Shareholder value.”
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“Steve’s return reflects the Company’s enhanced ability to attract and secure the talent necessary to compete at the highest level,” continued Mr. Schaible. “We look forward to the release of our 10K and the earnings call next week.”
The latest AtlasClear Holdings financial updates will be detailed in its forthcoming 10K, which the Company anticipates will be filed on or before Monday, September 29th. Following the release of the 10K, the Company will host an earnings call, planned for 8:30am Eastern, Tuesday, September 30th.
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Source: globenewswire