Company: JUPGF
Filing Date: 2025-08-11
Form Type: DRS/A
Source: 0001641172-25-022982
Chunk: 167

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-11
Form: DRS/A
Chunk 167
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, subject to certain exceptions, not
to offer, issue, sell, contract to sell, encumber, grant any option for the sale of or otherwise dispose of any shares of our common
stock or other securities convertible into or exercisable or exchangeable for shares of our common stock for a period of 180 days after
this offering is completed without the prior written consent of the underwriters.

The underwriters may in their sole
discretion and at any time without notice release some or all of the shares subject to lock-up agreements prior to the expiration of
the lock-up period. When determining whether or not to release shares from the lock-up agreements, the underwriters will consider,
among other factors, the security holder’s reasons for requesting the release, the number of shares for which the release is being
requested and market conditions at the time.

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Indemnification

We have agreed to indemnify the underwriters
against certain liabilities, including liabilities under the Securities Act, and to contribute to payments that the underwriters
may be required to make for these liabilities.

Listing of our Common Stock

Our common stock is currently
quoted on the OTCQB under the symbol “JUPGF.” We have applied for listing of our common stock on the Nasdaq Capital Market
under the symbol “ATCX.” Assuming that our listing application is approved, and our Reverse Stock Split is effected,
we anticipate our common stock will begin trading on a Reverse Stock Split-adjusted basis under the new ticker symbol “ATCX.”.
No assurance can be given that our application will be approved, and we will not consummate this offering unless our common stock is
approved for listing on the Nasdaq Capital Market.

Price Stabilization, Short Positions, and Penalty Bids

In connection with this offering, the underwriters
may engage in transactions that stabilize, maintain or otherwise affect the price of our common stock. Specifically, the underwriters
may over-allot in connection with this offering by selling more shares than are set forth on the cover page of this prospectus. This
creates a short position in our common stock for an underwriter’s own account. The short position may be either a covered
short position or a naked short position. In a covered short position, the number of shares common stock over-allotted by the underwriters
is not greater than the number of shares of common stock that they may purchase in the over-allotment option. In a naked short position,
the number of shares of common stock