Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 166

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 166
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 offset against amounts receivable by the CEO in 2025. The amounts are classified as Other current assets in the balance sheet.

As of December 31, 2023, related party payables totaled $647,461, fully owed to MAL, which was an interest-free loan. Following the merger, remaining amounts were eliminated in the consolidation process. As of December 31, 2022, there is no related party outstanding balance.

NOTE 4 – STOCKHOLDERS’ EQUITY

Issued and Authorized

As of December 31, 2024, the Company had 33,336,729 shares of its common stock and 1 share of its preferred stock issued and outstanding. As of December 31, 2023, the Company had 9,674,497 shares of its common stock and 1 share of its preferred stock issued and outstanding. As of December 31, 2024, the Company had 190,000,000 (40,000,000 on December 31, 2023) common shares and 10,000,000 (6,148,212 on December 31, 2023) preferred shares authorized.

Common Stock

During the year ended December 31, 2024, the Company issued 23,662,232 shares of common stock, as follows:

SCHEDULE OF COMPANY ISSUED COMMON STOCK

|                                                                          |     | Number of shares |            |     | Cash received |           |
| Shares arising from stock-based compensation to executives               |     |                  |  2,180,977 |     |               |    13,500 |
| Issuance of shares in connection with sales made under private offerings |     |                  |  3,009,162 |     |               | 1,582,250 |
| Shares issued in connection with the merger                              |     |                  | 18,472,093 |     |               |         - |
| Total                                                                    |     |                  | 23,662,232 |     |               | 1,595,750 |

During the year ended December 31, 2023, the Company issued and sold 827,180 shares of common stock for cash proceeds of $612,300.

During the year ended December 31, 2022, the Company issued and sold 1,853,626 shares of common stock for cash proceeds of $489,875.

Preferred A Stock

In 2016, the Company issued to Marc Fogassa,