---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019306"
form_type: "8-K"
ticker: "ATLX"
cik: "0001540684"
company_name: "Atlas Lithium Corp"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T12:55:29.786768+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Atlas Lithium completes 1-for-750 reverse stock split; reduces authorized shares to 200M

## Summary
- Filed 1-for-750 reverse stock split retroactive to Dec 20, 2022; authorized shares temporarily raised to 4B then cut to 200M.
- Withdrew Series B and Series C Convertible Preferred Stock designations, effective May 25, 2023.
- Adopted Second Amended and Restated Bylaws with advance notice provisions, board size up to 7, and virtual meeting allowance.
- Amended exculpation/indemnification provisions to reflect current Nevada law and opted out of 'combinations with interested stockholders' statutes.

## SEC filing metadata
- accession: 0001493152-23-019306
- form_type: 8-K
- ticker: ATLX
- cik: 0001540684
- company_name: Atlas Lithium Corp
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1540684/000149315223019306/0001493152-23-019306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1540684/000149315223019306/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019306
- JSON: https://secwatch.observer/filing/0001493152-23-019306.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019306.txt

## Key facts
- Governance Changes
  Atlas Lithium Corp: Adopted Second Amended and Restated Bylaws effective May 25, 2023, addressing advance notice, stockholder meeting procedures, virtual meetings, board size increase to 7, director qualifications, and other governance updates (effective 2023-05-25).
  - Change: bylaw amendment
  - Effective: 2023-05-25
  source text: On May 25, 2023, the Company adopted the Second Amended and Restated Bylaws of the Company (“A&R Bylaws”), effective as of such date. In line with the requirements of being a public company recently listed on the Nasdaq Stock Market LLC, the A&R Bylaws amend several aspects
  evidence_url: https://www.sec.gov/Archives/edgar/data/1540684/000149315223019306/0001493152-23-019306-index.htm
- Governance Changes
  Atlas Lithium Corp: Filed Certificate of Change for 1-for-750 reverse stock split and corresponding reduction in authorized shares, and Certificate of Amendment to increase authorized common stock to 4 billion shares, each retroactively effective as of December 20, 2022; later filed Amended and Restated Articles reduci (effective 2022-12-20).
  - Change: charter amendment
  - Effective: 2022-12-20
  source text: in order to decrease the number of shares of the Company’s issued and outstanding shares of Common Stock and correspondingly decrease the number of authorized shares of Common Stock, each at a ratio of 1-for-750, retroactively effective as of December 20, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1540684/000149315223019306/0001493152-23-019306-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.