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1. • • In connection with the consummation of the Merger, the Company requested that trading of the common shares on the New York Stock Exchange (the "NYSE") be suspended with immediate effect (the "delisting"). Atlas preferred shares will remain outstanding and continue to trade on the NYSE.
     Reference:

     Atlas and Poseidon Announce Completion of Acquisition by ...

2. ir.atlascorporation.com › 2022/11/01-Atlas-Corp-toAtlas Corp. to be Acquired by Poseidon Acquisition Corp. for ...

   ir.atlascorporation.com › 2022/11/01-Atlas-Corp-to

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   Nov 1, 2022 · The transaction is expected to close in the first half of 2023, subject to approval by holders of a majority of Atlas common shares not owned by Poseidon and its affiliates and certain closing conditions, including receipt of regulatory approvals and third-party consents.

3. People also ask

   What happens to Atlas shares after the transaction?

   • Upon the closing of the transaction, Atlas common shares will cease trading on the New York Stock Exchange ("NYSE"). Atlas preferred shares will continue trading on the NYSE under current terms. Following completion of the transaction, Washington and Fairfax will own a majority of the equity of Atlas. Mr.

   Atlas Corp. to be Acquired by Poseidon Acquisition Corp. for $15.50 in

   ir.atlascorporation.com/2022-11-01-Atlas-Corp-to-be-Acquired-by-Poseidon-Acquisition-Corp-for-15-50-in-Cash-Per-Share

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   What happened to Atlas trading?

   • ***UPDATE: The Atlas Trading Case was dismissed on 3/20/24. Here’s what originally happened. On 12/14/22, the Securities and Exchange Commission (SEC) filed a lawsuit against Atlas Trading and @MrZackMorris (Edward Constantinescu) for allegedly scamming investors out of $100 million.

   Atlas Trading @MrZackMorris Lawsuit Dismissed - Bullish Bears

   bullishbears.com/atlas-trading-lawsuit/

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   Who owns Atlas shares?

   • Fairfax, Washington and Mr. Sokol currently own approximately 68% of the outstanding common shares. Atlas will continue payment of all ordinary course quarterly dividends regardless of the timing of any closing.

   Atlas Corp. to be Acquired by Poseidon Acquisition Corp. for $15.50 in

   ir.atlascorporation.com/2022-11-01-Atlas-Corp-to-be-Acquired-by-Poseidon-Acquisition-Corp-for-15-50-in-Cash-Per-Share

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   What happens to Atlas preferred shares after the merger?

   • In connection with the consummation of the Merger, the Company requested that trading of the common shares on the New York Stock Exchange (the "NYSE") be suspended with immediate effect (the "delisting"). Atlas preferred shares will remain outstanding and continue to trade on the NYSE.

   Atlas and Poseidon Announce Completion of Acquisition by Poseidon

   ir.atlascorporation.com/2023-03-28-Atlas-and-Poseidon-Announce-Completion-of-Acquisition-by-Poseidon-Acquisition-Corp

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4. www.prnewswire.com › news-releases › atlasAtlas Shareholders Approve Merger with Poseidon Acquisition Corp.

   www.prnewswire.com › news-releases › atlas

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   Feb 24, 2023 · The Company continues to expect that the merger will be completed in the first half of 2023, and based upon the current status of regulatory approvals, consents and other customary closing...

5. ir.atlascorporation.com › 2023/03/28-Atlas-andAtlas and Poseidon Announce Completion of Acquisition by ...

   ir.atlascorporation.com › 2023/03/28-Atlas-and

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   Mar 28, 2023 · In connection with the consummation of the Merger, the Company requested that trading of the common shares on the New York Stock Exchange (the "NYSE") be suspended with immediate effect (the "delisting"). Atlas preferred shares will remain outstanding and continue to trade on the NYSE.

6. bullishbears.com › atlas-trading-lawsuitAtlas Trading @MrZackMorris Lawsuit Dismissed - Bullish Bears

   bullishbears.com › atlas-trading-lawsuit

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   Mar 7, 2024 · Here’s what originally happened. On 12/14/22, the Securities and Exchange Commission (SEC) filed a lawsuit against Atlas Trading and @MrZackMorris (Edward Constantinescu) for allegedly scamming investors out of $100 million.

7. finance.yahoo.com › news › atlasclear-announcesAtlasClear Announces Closing of Business Combination with ...

   finance.yahoo.com › news › atlasclear-announces

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   Feb 12, 2024 · The combined company will operate as AtlasClear Holdings, Inc. ("AtlasClear"), and its common stock is expected to begin trading on the NYSE American LLC ("NYSE Amex") under the ticker symbol...

8. www.globenewswire.com › news-release › 2023/03/28Atlas and Poseidon Announce Completion of Acquisition by

   www.globenewswire.com › news-release › 2023/03/28

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   Mar 28, 2023 · Each Atlas common share issued and outstanding immediately prior to the effective time of the Merger, other than common shares held by Fairfax, Washington and Mr. Sokol, was converted into the ...

9. seekingalpha.com › article › 4566986-atlas-corp-isAtlas Corp. Is Being Taken Out On The Cheap - Seeking Alpha

   seekingalpha.com › article › 4566986-atlas-corp-is

   Dec 29, 2022 · Atlas Corp. has guided towards H1 2023, but it could easily close in Q1 2023. Click here to read our analysis of ATCO stock.