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AtlasClear Announces Commencement of Dawson James Clearing Operations

  • AtlasClear Holdings, Inc. announced that Dawson James Securities, Inc. has commenced clearing operations through its wholly owned subsidiary, Wilson-Davis & Co., Inc.
  • This onboarding marks the first major introducing broker integration on Wilson-Davis' enhanced clearing platform.
  • The Company completed targeted enhancements to its clearing technology stack to support multi-client scalability & reduce onboarding timelines for future correspondent clients.
  • AtlasClear operates a fixed-cost clearing infrastructure where incremental transaction & commission revenue from new brokers supports operating leverage & margin expansion.
  • Executive Chairman John Schaible stated the integration represents a meaningful inflection point for optimizing the platform for scalable, multi-client deployment.
  • President Craig Ridenhour noted the clearing model is designed to generate operating leverage with Dawson James as the first integration under the enhanced architecture.
  • AtlasClear continues advancing discussions with prospective broker-dealer partners while scaling its correspondent clearing platform through Wilson-Davis.
  • The Company is pursuing a pending acquisition of Commercial Bancorp of Wyoming to deliver a vertically integrated suite of brokerage, clearing, risk management, regulatory, & commercial banking solutions.
  • Forward-looking statements in the announcement include expectations regarding the closing of the Commercial Bancorp acquisition, future growth, financial results, & operational strategies.