Company: JUPGF
Filing Date: 2025-12-08
Form Type: F-1/A
Source: 0001493152-25-026653
Chunk: 199

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-12-08
Form: F-1/A
Chunk 199
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                  | 8.22 |
| Issued in 2024                 |     |             |  31,389 |     |                  |  5.76 |     |                  | 5.62 |
| Exercised in 2024              |     |             | 112,500 |     |                  |  0.12 |     |                  |    - |
| Outstanding, December 31, 2024 |     |             |  19,772 |     |                  | 11.16 |     |                  | 1.85 |

Stock Warrants

During the years ended December 31, 2024, 2023 and 2022 the company did not issue any warrants.

Restricted Stock Units

During the year ended December 31, 2024, the Company granted RSUs to certain executives of the Company. Each RSU is redeemable for one share of the Company’s common stock immediately upon vesting. The RSUs granted with immediate-vesting and time-vesting conditions were as follows:

| 1) | 65.848                                         
 RSUs which vested                              
 immediately upon grant.                        |
| 2) | 43,039                                         
 RSUs which time-vest,                          
 being 25%                                      
 of the RSUs annually vested from 2025 to 2028. |

These RSUs granted with immediate-vesting and time-vesting conditions were issued with a total grant date fair value of $ 460,247, measured using the Company’s volume weighted average price trailing to the date the RSU was granted.

NOTE 5 – SUBSEQUENT EVENTS

In accordance with FASB ASC 855-10 Subsequent Events, the Company has analyzed its operations subsequent to December 31, 2024 to the date these consolidated financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these consolidated financial statements , except for the described below:

Reverse Stock Split

On November 26, 2025, the Company’s
board of directors authorized a reverse stock split of its outstanding common stock at a ratio of 1-for-12. On December 3,
2025, the reverse stock split was effected such that (i) each 12 shares of outstanding common stock were reduced
to one share of common stock; (ii) the number of shares of common stock into which outstanding warrants or options to purchase common
stock is exercisable were proportionately reduced;