Company: JUPGF
Filing Date: 2025-12-08
Form Type: F-1/A
Source: 0001493152-25-026653
Chunk: 163

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-12-08
Form: F-1/A
Chunk 163
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 of our common stock. The amount of gain or loss will
equal the difference between the amount realized on the sale and such U.S. holder’s tax basis in such common stock. The amount
realized will include the amount of any cash and the fair market value of any other property received in exchange for such common stock.
Gain or loss will be long-term capital gain or loss if the U.S. holder has held the common stock for more than one year. Long-term capital
gains of non-corporate U.S. holders are generally taxed at preferential rates. The deductibility of capital losses is subject to certain
limitations.

Consequences to Non-U.S. Holders

The following is a summary
of the U.S. federal income tax consequences that will apply to a non-U.S. holder of our securities. A “non-U.S. holder” is
a beneficial owner of our securities (other than a partnership or an entity or arrangement treated as a partnership for U.S. federal
income tax purposes) that, for U.S. federal income tax purposes, is not a U.S. holder.

Distributions

Subject to the discussion
below regarding effectively connected income, any dividend paid to a non-U.S. holder generally will be subject to U.S. withholding tax
either at a rate of 30% of the gross amount of the dividend or such lower rate as may be specified by an applicable income tax treaty.
In order to receive a reduced treaty rate, a non-U.S. holder must provide us with an IRS Form W-8BEN, IRS Form W-8BEN-E or other applicable
IRS Form W-8 properly certifying qualification for the reduced rate. These forms must be updated periodically. A non-U.S. holder eligible
for a reduced rate of U.S. withholding tax pursuant to an income tax treaty may obtain a refund of any excess amounts withheld by timely
filing an appropriate claim for refund with the IRS. If a non-U.S. holder holds our securities through a financial institution or other
agent acting on the non-U.S. holder’s behalf, the non-U.S. holder will be required to provide appropriate documentation to the
agent, which then may be required to provide certification to us or our paying agent, either directly or through other intermediaries.

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Dividends received by a
non-U.S. holder that are effectively connected with its conduct of a U.S. trade or business (and, if required by an applicable income