- CEO
- John Martin Schaible
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4221 West Boy Scout Boulevard Tampa FL United States of America 33607
- Business
- Quantum FinTech Acquisition Corporation (QFTAW) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses, primarily targeting high-growth financial services and FinTech companies; its securities include units, common stock, and public warrants trading under tickers QFTA.U, QFTA, and QFTA WS prior to the business combination, with warrants now listed over-the-counter as QFTAW or ATCHW following the merger. Incorporated in Delaware in 2020 and headquartered in Tampa, Florida, the company raised approximately $200 million in its initial public offering in February 2021 through 20 million units at $10 each, underwritten by Chardan Capital Markets and B. Riley FBR, with proceeds held in trust for deployment in a qualifying transaction across global regions but emphasizing FinTech providers of data processing, payment services, currency transmission, and business-to-business financial technologies. In February 2024, Quantum FinTech completed its initial business combination with AtlasClear, Inc., resulting in the formation of AtlasClear Holdings, Inc. (NYSE American: ATCH), which acquired technology assets from Atlas Fintech Holdings Corp. and correspondent clearing broker-dealer Wilson-Davis & Co., Inc.; the combined entity now delivers specialized banking, clearing, prime brokerage, and fixed-income risk management platforms to financial services firms, with common stock trading under ATCH since February 12, 2024, and warrants continuing as QFTAW on OTC markets; subsequent developments include amended SEC filings as of September 2025 confirming ongoing operations through subsidiaries like Wilson-Davis, maintenance of NSCC margin deposits exceeding $4.5 million, and issuance of short-term notes at 9% interest and long-term notes at 13% interest payable in stock or cash, alongside 15.625 million warrants exercisable at $11.50 per share.