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An announcement from Atlas Lithium ( (ATLX) ) is now available.
On December 5, 2025, Atlas Lithium Corporation entered into a securities purchase agreement to issue and sell 2,500,000 shares of its common stock at $4.00 per share, with the closing expected around December 8, 2025. The offering, facilitated by A.G.P./Alliance Global Partners as the sole placement agent, aims to raise $10 million in gross proceeds, which will be used for general corporate purposes, including product development and capital expenditures. The agreement includes a 30-day restriction on further stock sales and a 90-day lock-up agreement for directors and executives.
The most recent analyst rating on (ATLX) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Atlas Lithium stock, see the ATLX Stock Forecast page.
More about Atlas Lithium
Atlas Lithium Corporation operates in the lithium industry, focusing on the development and commercialization of lithium concentrate products.
Average Trading Volume: 852,874
Technical Sentiment Signal: Sell
Current Market Cap: $108.2M
For a thorough assessment of ATLX stock, go to TipRanks’ Stock Analysis page.