Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 141

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 141
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 issued and outstanding, the holders of Series      
 A Preferred shall vote together as a single class with the holders of our common stock, with the holders of Series A Preferred being   
 entitled to 51% of the total votes on all matters regardless of the actual number of shares of Preferred A Stock then outstanding,     
 and the holders of our common stock being entitled to their proportional share of the remaining 49% of the total votes based on their  
 respective voting power. Mr. Fogassa is thus deemed to have voting control on all matters requiring a stockholder vote.                |
| (4) | Mr. Fogassa controls 65.6% of the combined voting power                                                                                
 of Atlas Lithium, and therefore may be deemed the beneficial owner of shares held by Atlas Lithium.                                    |

As of September 9, 2025, there were 399 record holders of our common stock. 1.18% of the outstanding shares of common stock were held by stockholders in Brazil. As of September 9, 2025, there was one record holder of our Series A Preferred. 100% of the outstanding shares of common stock were held by stockholders in Brazil.

Major Shareholders - Comparison to Prior Years

As
of December 31, 2023 and December 31, 2022, Mr. Fogassa beneficially owned 293,885 and 223,933 shares of our common stock
(including shares held by Atlas Lithium), representing 45.7% and 41.5% of our total shares then-outstanding, respectively.

As of December 31, 2023
and December 31, 2022, Atlas Lithium beneficially owned 176,839 and 155,459 shares of our common stock, representing 27.4%
and 28.7% of our total shares then-outstanding, respectively.

| 113 |

<div align='center'>DESCRIPTION
OF SECURITIES</div>

General

The following description
summarizes the most important terms of our capital stock, as they will be in effect upon the closing of this offering. Because it is
only a summary, it does not contain all of the information that may be important to you. For a complete description of the matters set
forth in this “Description of Securities,” you should refer to our Amended and Restated Articles of Incorporation, as amended
(our “Articles of Incorporation”) and Amended and Restated Bylaws (our “Bylaws”),