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Atlas Lithium Priced, Nasdaq: ATLX

Battery metal exploration and mining company with properties in Brazil.

Industry: Materials

Latest Trade: $6.36 0.00 (0.0%)

First Day Return: +18.3%

Return from IPO: +6.0%

Industry: Materials

Atlas Lithium Corporation is a U.S. mineral exploration and mining company with lithium projects and properties in other critical battery metals to power the Green Energy Revolution – nickel, rare earths, graphite, and titanium. Our current focus is on developing our hard-rock lithium project located in Minas Gerais state in Brazil at a well-known, premier pegmatitic district in Brazil. We intend to produce and sell lithium concentrate, a key ingredient for battery supply chain. Lithium is essential for batteries in electric vehicles and demand is expected to outstrip supply. All of our mineral projects and properties are located in Brazil and, as of the date of this prospectus, our mineral rights portfolio for battery metals includes approximately 72,344 acres (293 km2) for lithium in 59 mineral rights, 54,950 acres for nickel (222 km2) in 15 mineral rights, 30,054 acres (122 km2) for rare earths in seven mineral rights, 22,050 acres (89 km2) for titanium in seven mineral rights, and 13,766 acres (56 km2) for graphite in three mineral rights. We believe that we hold the largest portfolio of lithium mineral exploration properties in Brazil, a premier and well-established jurisdiction for hard-rock lithium. We also believe that we are among the largest holders by size and breadth in exploration projects for other critical and battery metals among publicly traded companies.
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IPO Data
IPO File Date 01/28/2022
Offer Price $6.00
Price Range $8.00 - $10.00
Offer Shares (mm) 0.7
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 01/10/2023
Offer Price $6.00
Price Range $8.00 - $10.00
Offer Shares (mm) 0.7
Deal Size ($mm) $4
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
D. Boral Capital
Company Data
Headquarters Belo Horizonte, Brazil
Founded 2011
Employees at IPO 11
Website www.atlas-lithium.com

Atlas Lithium (ATLX) Performance