Company: JUPGF
Filing Date: 2025-10-08
Form Type: F-1/A
Source: 0001493152-25-017439
Chunk: 156

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-10-08
Form: F-1/A
Chunk 156
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 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 9,111,871 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 shares are aggregated), including an affiliate, who beneficially owns “restricted
securities” (i.e., securities that are not registered by an effective registration statement) of a “reporting company”
may not sell these securities until the person has beneficially owned them for at least six months. Thereafter, affiliates may not sell
within any three-month period a number of shares in excess of the greater