Atlas Critical Minerals (JUPGF.US), a mining company focused on developing critical minerals in Brazil, filed an amendment with the U.S. Securities and Exchange Commission (SEC) disclosing the completion of a reverse stock split, paving the way for subsequent capital market activity. The company currently plans to issue 800,000 shares at a price range of $9-11 per share, raising an estimated $8 million.

Based on the midpoint of the price range, the company's market capitalization after the reverse split will climb to approximately $93 million, exceeding the $50 million market capitalization threshold set by some institutions and meeting the eligibility criteria for inclusion in IPO statistics.

Atlas Critical Minerals' core business focuses on the exploration and development of various strategic mineral resources in Brazil.

Specific projects include: rare earth and titanium prospects in Goiás and Minas Gerais, graphite deposits in Minas Gerais, copper-nickel mining rights in Goiás and Piauí, and uranium deposits across six Brazilian states.

The company also holds iron ore, gold, and quartzite assets, with its iron ore operations scheduled to resume operations by the end of 2025.

Headquartered in Belo Horizonte, Brazil, the company was founded in 2016. According to its disclosed financial data, the company generated revenue of US$413,000 in the 12 months ending June 30, 2025.

Atlas Critical Minerals is currently pursuing a Nasdaq listing under the ticker symbol ATCX, with AGP and Bradesco BBI acting as joint bookrunners.