AtlasClear appoints Steven Carlson as independent board director

AtlasClear Holdings, Inc. (NYSE American: ATCH) appointed Steven Carlson to its board of directors as an independent member, the company announced September 25.

Carlson returns to the board after stepping away last year for personal reasons. His appointment maintains the NYSE American requirement that at least 50% of board members be independent for smaller reporting companies. The need arose after Director Sandip Patel joined the company as General Counsel and Chief Financial Officer, changing his independent director status.

Carlson will replace Patel on the Audit Committee and the Nominating and Governance Committee. He previously served on the board of both the SPAC and AtlasClear Holdings.

Carlson co-founded Marco Polo Exchange and served as CEO of MPS. He was formerly president of StoneX's securities business and head of the global Emerging Markets business at Lehman Brothers.

"I am honored to return to the AtlasClear board," Carlson said. "I am impressed with the progress the Company has made in shoring up its balance sheet and implementing constructive management changes."

Executive Chairman John Schaible said Carlson's experience made him the preferred choice to add to the board's independent members.

The company plans to file its 10-K report on or before September 29 and will host an earnings call at 8:30 a.m. Eastern on September 30.

AtlasClear Holdings operates a financial services platform focused on trading, clearing, settlement, and banking for small- and middle-market financial institutions through its subsidiary Wilson-Davis & Co., Inc., a securities broker-dealer registered since 1968.

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