Company: JUPGF
Filing Date: 2025-09-25
Form Type: F-1/A
Source: 0001493152-25-014979
Chunk: 11

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-25
Form: F-1/A
Chunk 11
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 forth on the cover               
 page of this prospectus, remains the same, and after deducting underwriting discounts and commissions and estimated offering expenses        
 payable by us. We may also increase or decrease the number of shares we are offering. A 10% increase or decrease in the number of            
 shares offered by us would increase or decrease pro forma as adjusted cash, total assets and total stockholders’ deficit by                  
 approximately $744,000, assuming that the assumed price to public remains the same, and after deducting underwriting discounts               
 and commissions and estimated offering expenses payable by us. These unaudited pro forma adjustments are based upon available information    
 and certain assumptions we believe are reasonable under the circumstances, and do not include any adjustments in the event the Company       
 elects to exercise the Option to acquire additional mineral rights from Atlas Lithium under the terms of the Option Agreement.               |

| 11 |

<div align='center'>RISK FACTORS</div>

Investing in our common stock involves a high degree of risk. You should carefully consider the risks described below, as well as the other information in this prospectus, including our financial statements and the related notes thereto and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” before deciding whether to invest in our securities. The occurrence of any of the events or developments described below could harm our business, financial condition, operating results, and growth prospects. In such an event, the market price of our common stock could decline, and you may lose all or part of your investment. Additional risks and uncertainties not presently known to us or that we currently deem immaterial also may impair our business operations.

Business Risks

Our future performance is difficult to evaluate because we have a limited operating history.

Although we were incorporated in 2016, we only began to implement our current business strategy in 2024. Our current business strategy is focused on the exploration of critical minerals, and, through legacy operations, the exploration of iron and gold as well as quartzite production and sales. While we have had a small amount of revenue from the sale of quartzite mined by us, we have not realized any revenues to date from the sale of other minerals within our portfolio. We have incurred losses since our inception resulting in an accumulated deficit of $9,145,542 as of December 31, 2024, and further losses are anticipated. Our operating cash flow needs have been financed primarily through debt or equity and not through cash flows derived from our operations. As a result,