Company: JUPGF
Filing Date: 2025-11-12
Form Type: F-1/A
Source: 0001493152-25-021911
Chunk: 193

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-11-12
Form: F-1/A
Chunk 193
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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 norelated party outstanding balance.

NOTE 4 – STOCKHOLDERS’ EQUITY

Issued and Authorized

As of December 31, 2024, the Company had 6,667,345 shares of its common stock and 1 share of its preferred stock issued and outstanding. As of December 31, 2023, the Company had 1,934,899 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 4,732,446 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               |     |                  |   436,195 |     |               |    13,500 |
| Issuance of shares in connection with sales made under private offerings |     |                  |   601,832 |     |               | 1,582,250 |
| Shares issued in connection with the merger                              |     |                  | 3,694,419 |     |               |         - |
| Total                                                                    |     |                  | 4,732,446 |     |               | 1,595,750 |

During the year ended December 31, 2023, the Company issued and sold 101,296 shares of common stock for cash proceeds of $ 291,600.

During the year ended December 31, 2022, the Company issued and sold 370,725 shares of common stock for cash proceeds of $ 489,875.

Preferred A Stock

In 2016, theCompany issued to Marc Fogassa, its Founder, Chief Executive Officer, and Chairman, one share of a Series A Convertible Preferred Stock (“Preferred A Stock”). The Certificate of Designations, Preferences and