Company: JUPGF
Filing Date: 2025-09-25
Form Type: F-1/A
Source: 0001493152-25-014979
Chunk: 149

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-25
Form: F-1/A
Chunk 149
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 to ten years.

During the year ended December
31, 2023, the Company granted Marc Fogassa as contractual compensation options to purchase an aggregate of 28,000 shares of its
common stock (account for the reverse stock split). Such awards corresponded to the period between January 1, 2023, to December 31, 2023.
The options issued in 2023 were valued at $115,038 in total. The options were valued using the Black-Scholes option pricing model with
the following average assumptions: our stock price on date of grant $9.75 to $31,5, a strike price of $0.15 to $15.00,
illiquidity discount of 75%, expected dividend yield of 0%, annualized volatility of 268% to 364%, risk-free interest rate of 3.42% to
4.73%, and an expected term of five to ten years.

During the year ended December
31, 2022, the Company granted officers and directors as contractual compensation options to purchase an aggregate of 28,000 shares
of its common stock (account for the reverse stock split). Such awards corresponded to the period between January 1, 2022, to December
31, 2022. The options issued in 2022 were valued at $104,140 in total. The options were valued using the Black-Scholes option pricing
model with the following average assumptions: our stock price on date of grant $12.00 to $18.0, a strike price of $0.15
to $15.00, illiquidity discount of 75%, expected dividend yield of 0%, annualized volatility of 295% to 372%, risk-free interest
rate of 1.51% to 4.05%, and an expected term of five to ten years.

During the year ended December 31, 2021, the Company
granted officers and directors as contractual compensation options to purchase an aggregate of 14,000 shares of its common stock
(account for the reverse stock split). Such awards corresponded to the period between January 1, 2021, to June 30, 2021; option awards
for the period between July 1, 2021 and December 31, 2021 were issued after December 31, 2021. The options issued in 2021 were valued
at $56,616 in total. The options were valued