Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 140

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 140
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). The Representative, or permitted assignees under such rule, may not sell, transfer,
assign, pledge, or hypothecate the Representative’s Warrants or the securities underlying the Representative’s Warrants, nor
will the Representative engage in any hedging, short sale, derivative, put, or call transaction that would result in the effective economic
disposition of the Representative’s Warrants or the underlying shares for a period of 180 days from the date of commencement of
sales in this offering.

| 105 |

Additionally, the Representative’s Warrants
may not be sold transferred, assigned, pledged or hypothecated for a 180-day period following the date of commencement of sales in this
offering, except to any underwriter and selected dealer participating in the offering and their bona fide officers or partners. The Representative’s
Warrants will provide for adjustment in the number and price of the Representative’s Warrants and the shares of common stock underlying
such Representative’s Warrants in the event of recapitalization, merger, stock split or other structural transaction, or a future
financing undertaken by us.

The underwriters have advised us that they
propose to offer the common stock directly to the public at the Underwritten Offering price set forth on the cover of this prospectus.
In addition, the underwriters may offer some of the shares to other securities dealers at such price less a concession of up to
$[●] per share. After this offering to the public, the offering price and other selling terms may be changed by the underwriters
without changing our proceeds from the underwriters’ purchase of the common stock.

The following table summarizes the Underwritten
Offering price, underwriting commissions, non-accountable expense allowance and proceeds before actual expenses to us assuming both no
exercise and full exercise of the underwriters’ option to purchase additional shares of common stock. The underwriting discount
is equal to the Underwritten Offering price per share less the amount per share the underwriters pay us for the common stock.

|                                        |     | Per Share of Common Stock(1) |     | Total Without Over Allotment |     | Total With Over Allotment |
|:---------------------------------------|:----|:-----------------------------|:----|:-----------------------------|:----|:--------------------------|
| Underwritten Offering price            |     | $                            |     | $                            |     | $                         |
| Underwriting discounts and commissions |     | $                            |     | $                            |     |