Company: JUPGF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001493152-25-008689
Chunk: 18

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-02-28
Form: 20-F
Item: Item 3
Chunk 18
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the “ Exchange Act”). The Exchange Act and penny stock rules generally impose
additional sales practice and disclosure requirements on broker dealers who sell our securities. For transactions covered by the
penny stock rules, a broker-dealer must make a suitability determination for each purchaser and receive the purchaser’s
written agreement prior to the sale. In addition, the broker-dealer must make certain mandated disclosures in penny stock
transactions, including the actual sale or purchase price and actual bid and offer quotations, the compensation to be received by
the broker-dealer and certain associated persons, and deliver certain disclosures required by the SEC. Consequently, the penny stock
rules may affect the ability of broker-dealers to make a market in or trade our common stock and may consequently affect a
stockholder’s ability to resell any of our shares in the public markets.

We
do not intend to pay regular future dividends on our common stock and thus stockholders must look for appreciation of our common stock
to realize a gain on their investments.

We
have never paid a dividend, and we do not have any plans to pay dividends in the foreseeable future. Our future dividend policy is within
the discretion of our Board of Directors and will depend upon various factors, including future earnings, if any, our capital requirements
and general financial condition, and other factors. Accordingly, stockholders must look solely to appreciation of our common stock to
realize a gain on their investment. This appreciation may not occur or may occur only over a longer timeframe.

We
may seek to raise additional funds, finance acquisitions, or develop strategic relationships by issuing securities that would dilute
your ownership.

We
may largely finance our operations by issuing equity securities, which may materially reduce the percentage ownership of our existing
stockholders. Furthermore, any newly issued securities could have rights, preferences, and privileges senior to those of our existing
common stock. Moreover, any issuances by us of equity securities may be at or below the prevailing market price of our stock and in any
event may have a dilutive impact on the ownership interest of existing common stockholders, which could cause the market price of our common
stock to decline. We may also raise additional funds through the incurrence of debt or the issuance or sale of other securities or instruments
senior to our common stock. The holders of any debt securities or instruments that we may issue could have rights superior to
the rights of our common stockholders.

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Our
Series A Convertible Preferred Stock