AtlasClear Holdings secures $20 million financing led by Funicular Funds
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AtlasClear Holdings Announces $20,000,000 Financing
October 9, 2025 9:09 AM EDTInvestment led by Funicular Funds, LP with insider participation from Sixth Borough Capital$10,000,000 to be invested in the form of convertible debt with a 5-year term at an 11% coupon and a conversion price of $0.75$10,000,000 (inclusive of $4,250,000 converted from recent debt financing) to be invested in the form of units sold at $0.60 per unit that include one share of common stock and one warrant with a strike price of $0.75... More
