Company: JUPGF
Filing Date: 2025-10-08
Form Type: F-1/A
Source: 0001493152-25-017439
Chunk: 216

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-10-08
Form: F-1/A
Chunk 216
---
 of common stock are entitled to their proportional share of the remaining 49% of the total votes based on their respective voting power.

Stock Options

During the six-month period ended June 30, 2025, the Company did not issue options to acquire shares of its common stock and no options have been exercised or have expired.

Stock Warrants

During the six-month period ended June 30, 2025 the company did not issue any warrants.

Restricted Stock Units

During the six-month period ended June 30, 2025, 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, time-vesting and performance-vesting conditions were as follows:

| 1) | 281,932                                                  
 RSUs which vested immediately upon grant.                |
| 2) | 14,772                                                   
 RSUs time-vest based, being 25%                          
 of the RSUs annually vested from 2025 to 2028.           |
| 3) | 60,000                                                   
 RSUs with vesting conditions based on the achievement of 
 certain milestones (performance-based).                  |

These RSUs granted with immediate-vesting and time-vesting conditions were issued with a total grant date fair value of $ 1,283,113, measured using the Company’s volume weighted average price trailing to the date the RSU was granted.

NOTE 5 – RISKS AND UNCERTAINTIES

Currency Risk

The Company operates primarily in Brazil which exposes it to currency risks. The Company’s business activities may generate intercompany receivables or payables that are in a currency other than the functional currency of the Company. Changes in exchange rates from the time the activity occurs to the time payments are made may result in the Company receiving either more or less in local currency than the local currency equivalent at the time of the original activity.

The Company’s condensed consolidated financial statements are denominated in U.S. dollars. Accordingly, changes in exchange rates between the applicable foreign currency and the U.S. dollar affect the translation of each foreign subsidiary’s financial results into U.S. dollars for purposes of reporting in the condensed consolidated financial statements. The Company’s foreign subsidiaries translate their financial results from the local currency into U.S. dollars in the following manner: (a) income statement accounts are translated at average exchange rates for the period; (b) balance