Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 130

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 130
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 have [●] outstanding shares of our common stock, calculated as of the date of this prospectus, assuming no further conversions
of preferred stock, no exercise of outstanding options or warrants, and no sale of shares reserved for the underwriters for over-allotment
allocation, if any.

Sale of Restricted Securities

The shares of our common stock sold pursuant to this
offering will be registered under the Securities Act, and therefore freely transferable, except for our affiliates. Our affiliates will
be deemed to own “control” securities that are not registered for resale under the registration statement covering this prospectus.
Individuals who may be considered our affiliates after this offering include individuals who control, are controlled by or are under common
control with us, as those terms generally are interpreted for federal securities law purposes. These individuals may include some or all
of our directors and executive officers. Individuals who are our affiliates are not permitted to resell their shares of our common stock
unless such shares are separately registered under an effective registration statement under the Securities Act or an exemption from the
registration requirements of the Securities Act is available, such as Rule 144.

Rule 144

In general, under Rule 144 as currently in effect,
a person (or persons whose shares are aggregated), including an affiliate, who beneficially owns “restricted securities” (i.e.,
securities that are not registered by an effective registration statement) of a “reporting company” may not sell these securities
until the person has beneficially owned them for at least six months. Thereafter, affiliates may not sell within any three-month period
a number of shares in excess of the greater of: (i) 1% of the then outstanding shares of common stock as shown by the most recent report
or statement published by the issuer; and (ii) the average weekly reported trading volume in such securities during the four preceding
calendar weeks.

Sales under Rule 144 by our affiliates will also be
subject to restrictions relating to manner of sale, notice and the availability of current public information about us and may be affected
only through unsolicited brokers’ transactions.

Persons not deemed to be affiliates who have beneficially
owned “restricted securities” for at least six months but for less than one year may sell these securities, provided that
current public information about us is “available,” which means that, on the date of sale, we have been subject to the reporting
requirements of the Exchange Act for at least 90 days and are current in our Exchange Act filings