secwatch.observer — SEC 8-K summary
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Issuer:     Atlas Lithium Corp (ATLX)
CIK:        0001540684
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001493152-25-026649
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlas Lithium raises $10.0M in direct offering of 2.5M shares at $4.00
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- Gross proceeds of $10.0M from sale of 2,500,000 shares at $4.00 per share.
- Net proceeds to be used for lithium concentrate development, G&A, working capital, and capex.
- A.G.P./Alliance Global Partners acted as sole placement agent; fee is 7.0% of gross proceeds.
- Company and insiders subject to lock-up: Company 30 days, directors/officers 90 days post-closing.
- Closing expected on or about December 8, 2025, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1540684/000149315225026649/0001493152-25-026649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1540684/000149315225026649/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-026649

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