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AtlasClear Holdings (Quantum FinTech Acquisition) Priced, NYSE: ATCH

Blank check company targeting businesses providing tech services to the financial sector (completed 2/12/2024).

Industry: SPAC

First Day Return: +2.4%

Industry: SPAC

We are a blank check company. We are operated and managed by a team of successful financial technology entrepreneurs. Together, they have founded, built, and monetized FinTech companies including banking, trading, exchange operations, clearing, custody, settlement and other financial services businesses run with financial technology. We intend to acquire an established company with significant revenues and the potential for sustained growth. We will seek to acquire established businesses that we believe are fundamentally sound but potentially in need of financial, operational, strategic or managerial redirection to maximize value. We do not intend to acquire start-up companies, companies with speculative business plans, or companies that are excessively leveraged. Although there is no restriction or limitation on what industry our target operates in, we anticipate targeting companies providing technological services to the financial services industry, with particular emphasis on providers of data processing, industry growth technology, business-to-business access to transmission of currencies, storage and transmission services, data bases, and payment processing services. We intend to concentrate our efforts on identifying high-growth financial services and FinTech businesses with an estimated enterprise value up to $1.0 billion as targets for our initial business combination.
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IPO Data
IPO File Date 01/19/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 17.5
Deal Size ($mm) $175
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/04/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $175
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Tampa, FL, United States
Founded 2020
Employees at IPO 3

AtlasClear Holdings (Quantum FinTech Acquisition) (ATCH) Performance