Company: JUPGF
Filing Date: 2025-12-04
Form Type: 6-K
Source: 0001493152-25-026101
Chunk: 1

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-12-04
Form: 6-K
Chunk 1
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”) effected a reverse stock split of its outstanding shares of common stock, par value $0.001 per share (the Common Stock”), at a ratio of 1-for-12 (the “Reverse Stock Split”), such that each twelve (12) shares of Common Stock currently outstanding will be combined into one (1) share of Common Stock. Shareholders otherwise entitled to receive a fractional common share as a result of the Reverse Stock Split will receive a whole common share in lieu of such factional share. On November 26, 2025, the Company’s board of directors approved the Reverse Stock Split and its implementation at a later date. In connection with the Reverse Stock Split, also on November 26, 2025, the holder of the majority voting power of the Company approved the Amended and Restated Articles of Incorporation of the Company relating to the Reverse Stock Split.

The Reverse Stock Split became effective on December 3, 2025 and the shares of the Company’s Common Stock will begin trading on a split-adjusted basis on the OTCQB tier market operated by the OTC Markets Group, Inc. on December 4, 2025 at the open of trading day, under the trading symbol “JUPGD”. After twenty business days, the trading symbol will be changed to “JUPGF”.

The Company is effecting the Reverse Stock Split in order to increase the per-share market price of its Common Stock in an effort to satisfy certain Nasdaq Capital Market (“Nasdaq”) minimum bid price requirements for initial listing. There is no guarantee the Company will meet such minimum bid price requirement for the initial listing of its Common Stock, or any other Nasdaq initial listing requirement, or that, if the Common Stock is approved for listing on Nasdaq or any other national securities exchange, that the Company will be able to continue to comply with all applicable continued listing requirements.

The Reverse Stock Split will not have any impact on the number of authorized shares of Common Shares, which will remain at 200,000,000, or the per share par value, which will remain at $0.001 per share. As a result of the Reverse Stock Split, the Company’s outstanding shares of Common Stock have been reduced from 41,667,436 shares of Common Stock to approximately 3,472,339 shares of Common Stock. Each outstanding convertible security of the Company convertible into pre-Reverse Stock Split shares of Common Stock that is not converted into shares of Common Stock or cancelled prior to the effective date of the implementation of