Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 147

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 147
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or otherwise, we have been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities
Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than our payment of
expenses incurred or paid by our director, officer or controlling person in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being registered, we will, unless in the
opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question
whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication
of such issue.

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<div align='center'>SHARES ELIGIBLE FOR FUTURE SALE</div>

Future sales of substantial amounts of our common
stock in the public market, including shares issued upon the exercise of outstanding options or warrants, or upon debt conversion, or
the anticipation of these sales, could adversely affect market prices prevailing from time to time and could impair our ability to raise
capital through sales of equity securities.

Upon completion of this offering we estimate that
we will have [●] outstanding shares of our common stock, calculated as of the date of this prospectus, assuming no further conversions
of preferred stock, no exercise of outstanding options or warrants, and no sale of shares reserved for the underwriters for over-allotment
allocation, if any.

Sale of Restricted Securities

The shares of our common stock sold pursuant to this
offering will be registered under the Securities Act, and therefore freely transferable, except for our affiliates. Our affiliates will
be deemed to own “control” securities that are not registered for resale under the registration statement covering this prospectus.
Individuals who may be considered our affiliates after this offering include individuals who control, are controlled by or are under common
control with us, as those terms generally are interpreted for federal securities law purposes. These individuals may include some or all
of our directors and executive officers. Individuals who are our affiliates are not permitted to resell their shares of our common stock
unless such shares are separately registered under an effective registration statement under the Securities Act or an exemption from the
registration requirements of the Securities Act is available, such as Rule 144.

Rule 144

In general, under Rule 144 as currently in effect,
a person (or persons whose