Quantum FinTech Acquisition Schedules Vote on AtlasClear Deal | SPAC Feed

AtlasClear and Quantum FinTech Acquisition announced the sec has declared the registration statement effective on their proposed merger. Accordingly, the SPAC slated a Nov. 3 meeting for shareholders to vote on the deal.

If approved, upon closing the combined company is expected to list on the nyse American with stock trading under the new ticker symbol ATCH.

The target provides specialized banking and clearing services to other financial services firms, with an emphasis on global markets currently underserviced by larger vendors. 

bancorp of Wyoming, a federal reserve member, following completion of the pending mergers.

AtlasClear’s goal is to build a technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on the small and middle market financial services firms.

Tampa-based Quantum Fintech raised $175 million in a February 2021 IPO. Read more.

Source: Quantum FinTech Acquisition Schedules Vote on AtlasClear Deal

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