Company: JUPGF
Filing Date: 2025-07-25
Form Type: DRS/A
Source: 0001641172-25-021053
Chunk: 153

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-07-25
Form: DRS/A
Chunk 153
---
 to an investor’s particular
circumstances or to investors that may be subject to special tax rules, including, without limitation:

| ● | banks, insurance companies or other financial institutions;                                                                                                                |
| ● | tax-exempt organizations or governmental organizations;                                                                                                                    |
| ● | regulated investment companies and real estate investment trusts;                                                                                                          |
| ● | controlled foreign corporations, passive foreign investment companies and corporations that accumulate earnings to avoid U.S. federal income tax;                          |
| ● | brokers or dealers in securities or currencies;                                                                                                                            |
| ● | traders in securities that elect to use a mark-to-market method of accounting for their securities holdings;                                                               |
| ● | persons that own, or are deemed to own, more than five percent of our capital stock (except to the extent specifically set forth below);                                   |
| ● | tax-qualified retirement plans;                                                                                                                                            |
| ● | certain former citizens or long-term residents of the United States;                                                                                                       |
| ● | partnerships or entities or arrangements classified as partnerships for U.S. federal income tax purposes and other pass-through entities (and investors therein);          |
| ● | persons who hold our securities as a position in a hedging transaction, “straddle,” “conversion transaction” or other risk reduction transaction or integrated investment; |
| ● | persons who do not hold our securities as a capital asset within the meaning of Section 1221 of the Code; or                                                               |
| ● | persons deemed to sell our securities under the constructive sale provisions of the Code.                                                                                  |

In addition, if a partnership (or entity or arrangement
classified as a partnership for U.S. federal income tax purposes) holds our securities, the tax treatment of a partner generally will
depend on the status of the partner and upon the activities of the partnership. Accordingly, partnerships that hold our securities, and
partners in such partnerships, should consult their tax advisors.

You are urged to consult your own tax advisors with respect to the application of the U.S. federal income tax laws to your particular situation, as well as any tax consequences of the purchase, ownership and disposition of our securities arising under the U.S. federal estate or gift tax laws or under the laws of any state, local, non-U.S., or other taxing jurisdiction or under any applicable tax treaty.

Consequences to U.S. Holders

The following is a summary of the U.S. federal income
tax consequences that will apply to a U.S. holder of our securities. For purposes of this discussion, you