Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 141

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 141
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 year ended December
31, 2024, the Company granted Mr. Fogassa as contractual compensation options to purchase an aggregate of 21,000 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 $0.74 to
$1.00, a strike price of $0.01 to $1.00, 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 42,000 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 $6.50 to $21.0, a strike price of $0.1 to $10.00,
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 42,000 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 on date of grant $8.00 to $12.0, a strike price of $0.10
to $10.00, illiquidity discount of 75%, expected dividend yield of 0%, annualized volatility