Business
Atlas Critical Minerals Announces Pricing of Upsized $9.6 Million Public Offering of Common Stock and Uplisting to Nasdaq Stock Exchange
Belo Horizonte, Brazil--(Newsfile Corp. - January 8, 2026) - Atlas Critical Minerals Corporation (OTCQB: JUPGF) ("Atlas Critical Minerals" or "the Company"),
About this update from Atlas Lithium Corporation
[{"type":"text","content":"Belo Horizonte, Brazil--(Newsfile Corp. - January 8, 2026) - Atlas Critical Minerals Corporation (OTCQB: JUPGF) (\"Atlas Critical Minerals\" or \"the Company\"), a company focused on critical minerals for advanced technology uses, energy transition, and defense applications, announced the pricing of its upsized firm commitment underwritten public offering, with new long term focused U.S. institutional investors alongside existing shareholders including Atlas Lithium Corporation, of 1,200,000 shares of its common stock, at a public price of $8.00 per share. The gross proceeds from the offering are expected to be approximately $9.6 million before offering expenses and underwriting discounts and commissions.\nIn connection with the offering, the Company has also granted the underwriters a 45-day option to purchase up to 180,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions, to cover over-allotments, if any. The offering is expected to close on January 12, 2026, subject to customary closing conditions. On January 8, 2026, the Company received approval to list its common stock on the Nasdaq Capital Market stock exchange (\"Nasdaq\"). Trading on Nasdaq is expected to commence on January 9, 2026 under the ticker symbol \"ATCX.\" The Company's shares will continue to be quoted on the OTCQB until trading on Nasdaq commences. Shareholders are not required to take any action as a result of the uplisting.\nAtlas Critical Minerals intends to use the net proceeds from this offering to advance exploration and development activities across its critical minerals project portfolio in Brazil, with any surplus intended to be used for general working capital, cash reserves, or other corporate purposes at the discretion of management.\nA.G.P./Alliance Global Partners and Banco Bradesco BBI S.A. are acting as book-running managers for the offering.\nA registration statement on Form F-1 relating to the securities (File No. 333-290242) was previously filed with the Securities and Exchange Commission (\"SEC\") and was declared effective on January 8, 2026, and an additional registration statement on Form S-1 (File No. 333-292623) was filed pursuant to Rule 462(b) on January 8, 2025 and became automatically effective upon filing. This offering was made only by means of a prospectus forming part...