Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 148

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 148
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 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 of: (i) 1% of the then outstanding shares of common stock as shown by the most recent report
or statement published by the issuer; and (ii) the average weekly reported trading volume in such securities during the four preceding
calendar weeks.

Sales under Rule 144 by our affiliates will also be
subject to restrictions relating to manner of sale, notice and the availability of current public information about us and may be affected
only through unsolicited brokers’ transactions.

Persons not deemed to be affiliates who have beneficially
owned “restricted securities” for at least six months but for less than one year may sell these securities, provided that
current public information about us is “available,” which means that, on the date of sale, we have been subject to the reporting
requirements of the Exchange Act for at least 90 days and are current in our Exchange Act filings. After beneficially owning “restricted
securities” for one year, our non-affiliates may engage in unlimited re-sales of such securities.

Shares received by our affiliates in this offering
or upon exercise of stock options or upon vesting of other equity-linked awards may be “control securities” rather than “restricted
securities.” “Control securities” are subject to the same volume limitations as “restricted securities”
but are not subject to holding period requirements.

One of our directors owns 100% of our outstanding
Series A Preferred. At all times, one share of Series A Preferred is convertible, respectively, into one share of our common stock.

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<div align='center'>MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS</div>

The following is a summary of the material U.S.
federal income tax considerations relating to the purchase, ownership and disposition of our common stock purchased in this offering,
which we refer to as our securities, but is for general information purposes only and does not purport to be a complete analysis of all
the potential tax considerations. This summary is based upon the provisions of the Internal Revenue Code of 1986, as amended (the “Code”),
existing and proposed Treasury