AtlasClear Holdings Signs Letter of Intent to Acquire Ark Financial Services, Inc. together with its wholly owned subsidiary, Dawson James Securities, Inc.
AtlasClear Holdings Inc. announced a planned acquisition of Ark Financial Services Inc. and its subsidiary Dawson James Securities to add investment banking and capital markets origination capabilities to its correspondent-clearing platform. This combined business is expected to generate approximately $45 million in annual revenue and $5 million in…