Quantum FinTech Acquisition Corporation Announces Transfer Of The Listing Of Its Common Stock To NYSE American Effective August 2, 2023
Quantum FinTech Acquisition Corporation (NYSE:QFTA) (the "Company," or "Quantum") announced today that it will transfer the listing of its common stock from the New York Stock Exchange to NYSE American LLC ("NYSE American"). The Company anticipates its common stock will begin trading on NYSE American on Tuesday, August 2, 2023, under its current ticker symbol QFTA. The Company's common stock has been approved for listing on NYSE American and will continue to trade under the same ticker symbol on the New York Stock Exchange until the transfer is complete.
In November 2022, Quantum entered into a definitive business combination agreement that is expected to result in Atlas FinTech Holdings Corp. transferring its trading technology assets to AtlasClear and the acquisition by AtlasClear of Wilson Davis & Co., Inc., a correspondent clearing broker-dealer ("Wilson-Davis"), pending required regulatory approvals. AtlasClear has also entered into a definitive agreement to acquire Commercial Bancorp of Wyoming, a federal reserve member ("Commercial Bancorp"), following consummation of the initial business combination, which is expected to close in the third quarter of 2023, pending required regulatory approvals.