Company: JUPGF
Filing Date: 2025-07-25
Form Type: DRS/A
Source: 0001641172-25-021053
Chunk: 152

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-07-25
Form: DRS/A
Chunk 152
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 information about us is “available,” which means that, on the date of sale, we have been subject to the reporting
requirements of the Exchange Act for at least 90 days and are current in our Exchange Act filings. After beneficially owning “restricted
securities” for one year, our non-affiliates may engage in unlimited re-sales of such securities.

Shares received by our affiliates in this offering
or upon exercise of stock options or upon vesting of other equity-linked awards may be “control securities” rather than “restricted
securities.” “Control securities” are subject to the same volume limitations as “restricted securities”
but are not subject to holding period requirements.

One of our directors owns 100% of our outstanding
Series A Preferred. At all times, one share of Series A Preferred is convertible, respectively, into one share of our common stock.

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<div align='center'>MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS</div>

The following is a summary of the material U.S.
federal income tax considerations relating to the purchase, ownership and disposition of our common stock purchased in this offering,
which we refer to as our securities, but is for general information purposes only and does not purport to be a complete analysis of all
the potential tax considerations. This summary is based upon the provisions of the Internal Revenue Code of 1986, as amended (the “Code”),
existing and proposed Treasury regulations promulgated thereunder, administrative rulings and judicial decisions, all as of the date
hereof. These authorities may be changed, possibly retroactively, so as to result in U.S. federal income and estate tax consequences
different from those set forth below. There can be no assurance that the Internal Revenue Service (the “IRS”) will not challenge
one or more of the tax consequences described herein, and we have not obtained, and do not intend to obtain, an opinion of counsel or
ruling from the IRS with respect to the U.S. federal income tax considerations relating to the purchase, ownership or disposition of
our securities.

This summary does not address any alternative minimum
tax considerations, any considerations regarding the tax on net investment income, or the tax considerations arising under the laws of
any state, local or non-U.S. jurisdiction, or under any non-income tax laws, including U.S. federal gift and estate tax laws, except to
the limited extent set forth below. In addition, this summary does not address tax considerations applicable