Company: JUPGF
Filing Date: 2025-11-12
Form Type: F-1/A
Source: 0001493152-25-021911
Chunk: 151

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-11-12
Form: F-1/A
Chunk 151
---
 and a weighted-average exercise price of $1.08.

As of the date of this prospectus, the Company does not have any outstanding warrants to purchase shares of our common stock.

Equity Awards

During the year ended December
31, 2024, the Company granted Mr. Fogassa as contractual compensation options to purchase an aggregate of 42,000 shares of its
common stock (account for the reverse stock split). The options issued in 2024 were valued at $41,938 in total. The options were valued
using the Black-Scholes option pricing model with the following average assumptions: our stock price on date of grant $3.70 to
$5.00, a strike price of $0.05 to $5.00, illiquidity discount of 75%, expected dividend yield of 0%, annualized
volatility of 241% to 312%, risk-free interest rate of 3.88% to 4.64%, and an expected term of five to ten years.

During the year ended December
31, 2023, the Company granted Marc Fogassa as contractual compensation options to purchase an aggregate of 84,000 shares of its
common stock (account for the reverse stock split). Such awards corresponded to the period between January 1, 2023, to December 31, 2023.
The options issued in 2023 were valued at $115,038 in total. The options were valued using the Black-Scholes option pricing model with
the following average assumptions: our stock price on date of grant $3.25 to $10.5, a strike price of $0.05 to $5.00,
illiquidity discount of 75%, expected dividend yield of 0%, annualized volatility of 268% to 364%, risk-free interest rate of 3.42% to
4.73%, and an expected term of five to ten years.

During the year ended
December 31, 2022, the Company granted officers and directors as contractual compensation options to purchase an aggregate of 84,000
shares of its common stock (account for the reverse stock split). Such awards corresponded to the period between January 1, 2022, to
December 31, 2022. The options issued in 2022 were valued at $104,140 in total. The options were valued using the Black-Scholes
option pricing model with the following average assumptions: our stock price