Company: JUPGF
Filing Date: 2025-10-08
Form Type: F-1/A
Source: 0001493152-25-017439
Chunk: 12

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-10-08
Form: F-1/A
Chunk 12
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 offering price and other terms of this offering determined at pricing. Each           
 $1.00 increase or decrease in the assumed underwritten offering price would increase or decrease pro forma as adjusted cash,                
 total assets and total stockholders’ deficit by approximately $744,000, assuming that the number of shares of common                        
 stock offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting underwriting discounts        
 and commissions and estimated offering expenses payable by us. We may also increase or decrease the number of shares we are offering.       
 A 10% increase or decrease in the number of shares offered by us would increase or decrease pro forma as adjusted cash, total assets        
 and total stockholders’ deficit by approximately $744,000, assuming that the assumed price to public remains the same, and                  
 after deducting underwriting discounts and commissions and estimated offering expenses payable by us. These unaudited pro forma adjustments 
 are based upon available information and certain assumptions we believe are reasonable under the circumstances, and do not include          
 any adjustments in the event the Company elects to exercise the Option to acquire additional mineral rights from Atlas Lithium under        
 the terms of the Option Agreement.                                                                                                          |

| 11 |

<div align='center'>RISK FACTORS</div>

Investing in our common stock involves a high degree of risk. You should carefully consider the risks described below, as well as the other information in this prospectus, including our financial statements and the related notes thereto and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” before deciding whether to invest in our securities. The occurrence of any of the events or developments described below could harm our business, financial condition, operating results, and growth prospects. In such an event, the market price of our common stock could decline, and you may lose all or part of your investment. Additional risks and uncertainties not presently known to us or that we currently deem immaterial also may impair our business operations.

Business Risks

Our future performance is difficult to evaluate because we have a limited operating history.

Although we were incorporated in 2016, we only began to implement our current business strategy in 2024. Our current business strategy is focused on the exploration of critical minerals, and, through legacy operations, the exploration of iron and gold as well as quartzite production and sales. While we have had a small amount of revenue from the sale of quartzite mined by us, we have not realized any revenues to date from