AtlasClear to Acquire Commercial Bancorp for Platform Build

AtlasClear Holdings has submitted regulatory applications to acquire Commercial Bancorp, the parent of Farmers State Bank. The filings were made with the Federal Reserve Board and the Wyoming Division of Banking and follow AtlasClear’s February 2026 announcement of a definitive share purchase agreement to buy 100% of Commercial Bancorp.

Under the SPA, approximately 73% of total consideration is structured in AtlasClear common stock, with the remainder payable in cash, subject to customary adjustments. AtlasClear says Farmers State Bank is profitable and well-capitalized and will complement its clearing infrastructure at Wilson-Davis & Co. Completion is subject to regulatory review.