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News 2026-10-15 11:33 UTC

AtlasClear agrees to acquire Ark Financial Services for up to $24.5 million

AtlasClear Holdings agreed to acquire Ark Financial Services, parent of investment bank Dawson James Securities, for up to $24.5 million. An initial 24.9% stake was purchased with $2.5 million in cash and a $2.5 million promissory note; no shares were issued. The remaining 75.1% acquisition is subject to closing condit