Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 139

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 139
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 non-cumulative
and the dividend rate of the series; (4) the dates at which dividends, if any, will be payable; (5) the redemption rights and price or
prices, if any, for shares of the series; (6) the terms and amounts of any sinking fund provided for the purchase or redemption of shares
of the series; (7) the amounts payable on shares of the series in the event of any voluntary or involuntary liquidation, dissolution
or winding-up of the affairs of the Corporation; (8) whether the shares of the series will be convertible into shares of any other class
or series, or any other security, of the Corporation or any other corporation, and, if so, the specification of the other class or series
or other security, the conversion price or prices or rate or rates, any rate adjustments, the date or dates as of which the shares will
be convertible and all other terms and conditions upon which the conversion may be made; (9) conditions or restrictions on the issuance
of shares of the same series or of any other class or series of the Preferred Shares; (10) the voting rights, if any, of the holders
of the series; and (11) the rights to elect one or more directors of the Corporation. In case the number of shares of any series shall
be decreased, the shares constituting such decrease shall resume the status of undesignated Preferred Shares.

Series A Convertible Preferred Stock

The holder of the single authorized and outstanding share of our Series
A Preferred is entitled to 51% of the total number of votes, voted together with the holders of our common stock as a single class, in
connection with the election of directors and all other matters submitted to a vote of shareholders. Whenever the holder of the one share
of Series A Preferred is required or permitted to take any action by vote, such action may be taken without a meeting by written consent,
setting forth the action so taken and signed by the holder of the outstanding share of Series A Preferred. The holder of our Series A
Preferred is not entitled to dividends, except that if a dividend is declared on our common stock, the holder of the Series A Preferred
shall participate in such dividend as if such Series A Preferred had been converted into our common stock.

The holder of the Series A Preferred is
not entitled to any special redemption rights and there is no sinking fund provision with respect to outstanding shares of our Series
A Preferred . In the event of liquidation