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3 hours ago
Atlas Lithium Announces Pricing of $10 Million Registered Direct Offering with New U.S. Fundamental Institutional Investors
Boca Raton, Florida--(Newsfile Corp. - December 5, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company advancing Brazil's premier hard-rock lithium project, today announced that it has entered into securities purchase agreements with two new long term U.S. institutional investors for the purchase and sale of 2,500,000 shares of common stock at a purchase price of $4.00 per share, pursuant to a registered direct offering, resulting in gross proceeds of approximately $10 million, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about December 8, 2025, subject to the satisfaction of customary closing conditions.