AtlasClear Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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Dec 31, 2024 · Filed Feb 19, 2025
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Item 1. Legal Proceedings
On October 23, 2024, the Company and Chardan entered into a settlement agreement, pursuant to which the parties agreed to settle Chardan’s previously disclosed claim against the Company (the “Settlement Agreement”). In connection with the Settlement Agreement, Chardan exchanged the Original Chardan Note for the Amended Chardan Note in the aggregate principal amount of $5,209,764.
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