Atlas Lithium Corp. Schedules 2024 Annual Meeting of Stockholders for May 28

TL;DR

Atlas Lithium Corp. is holding its virtual 2024 Annual Meeting on May 28, 2024, to vote on director elections, auditor ratification, executive compensation, and other business.

AI Summary

Atlas Lithium Corp (ATLX) filed a Proxy Statement (DEF 14A) with the SEC on April 16, 2024. Atlas Lithium Corporation will hold its 2024 Annual Meeting of Stockholders on May 28, 2024, at 10:00 a.m. Eastern time. The meeting will be conducted virtually, accessible via www.virtualshareholdermeeting.com/ATLX2024. Key agenda items include electing five directors, ratifying BF Borgers CPA PC as independent auditors, and approving equity grants for independent directors. Stockholders will also vote on executive compensation ('say-on-pay') and the frequency of future say-on-pay votes. The record date for determining stockholders entitled to vote is April 1, 2024.

Why It Matters

For investors and stakeholders tracking Atlas Lithium Corp, this filing contains several important signals. The annual meeting is a critical forum for shareholders to exercise their voting rights on corporate governance matters, including director elections and executive compensation. The virtual format aims to increase accessibility for stockholders to participate in the meeting and voice their opinions.

Risk Assessment

Risk Level: low — Atlas Lithium Corp shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial or operational disclosures that would indicate significant risk changes.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director nominees, executive compensation, and auditor ratification at the upcoming annual meeting.

Key Numbers

• 5 — Directors to be elected (To elect five individuals to the Board of Directors)
• 2024 — Fiscal Year End (Fiscal year ending December 31, 2024)
• 2025 — Director Terms Expiration (Terms expiring at the 2025 annual meeting)
• 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)

Key Players & Entities

• Atlas Lithium Corporation (company) — Registrant
• May 28, 2024 (date) — Annual Meeting date
• BF Borgers CPA PC (company) — Independent registered public accounting firm
• April 1, 2024 (date) — Record Date for voting
• Brazil Minerals, Inc. (company) — Former company name
• Flux Technologies, Corp. (company) — Former company name

FAQ

Industry Context

Atlas Lithium Corporation operates in the mining sector, focusing on non-metallic minerals.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the proxy statement for details on director nominees and their qualifications.
2. Understand the proposals related to executive compensation and the frequency of say-on-pay votes.
3. Confirm the appointment of BF Borgers CPA PC as the independent registered public accounting firm for fiscal year 2024.

Key Dates

• 2024-05-28: Annual Meeting of Stockholders — Key date for stockholder voting on corporate matters.
• 2024-04-01: Record Date — Determines which stockholders are entitled to vote at the Annual Meeting.
• 2024-04-15: Mailing of Proxy Materials — Expected date for mailing proxy materials to stockholders.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a definitive proxy statement, typically filed annually to provide information for the shareholder meeting.

Key Financial Figures

• $120,000 — pensation from the Company in excess of $120,000 during any period of twelve consecutive
• $200,000 — olidated gross revenue for that year or $200,000, whichever is greater, other than (i) p

Filing Documents

• formdef14a.htm (DEF 14A) — 492KB
• formdef14a_001.jpg (GRAPHIC) — 16KB
• formdef14a_002.jpg (GRAPHIC) — 62KB
• formdef14a_003.jpg (GRAPHIC) — 72KB
• proxy_001.jpg (GRAPHIC) — 169KB
• proxy_002.jpg (GRAPHIC) — 150KB
• 0001493152-24-014692.txt ( ) — 1140KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 18 Summary Compensation Table 18 Narrative to Summary Compensation Table 19 Outstanding Equity Awards at Fiscal Year-End 21 Director Compensation 21 Equity Compensation Plan 22 Pay versus Performance 23 Pay Versus Performance Relationship Disclosures 25 26 Delinquent Section 16(a) Reports 28 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 29 ADDITIONAL INFORMATION 30 Stockholder Proposals and Nominees for the 2025 Annual Meeting of Stockholders 30 Expenses of Soliciting Proxies 30 Householding 30 Other Matters 30 Rua Buenos Aires, 10 – 14th Floor Belo Horizonte, Minas Gerais, Brazil, 30.315-570 (833) 661-7900 PROXY FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS The 2024 Annual Meeting of Stockholders (the “Annual Meeting”) of Atlas Lithium Corporation (the “Company”) will be held on Tuesday, May 28, 2024, at 10:00 a.m. Eastern time, at www.virtualshareholdermeeting.com/ATLX2024 . The Notice of Internet Availability of Proxy Materials (the “Notice”) containing instructions on how to access this proxy statement and our Annual Report on Form 10-K for the year ended December 31, 2023 (our “Annual Report”) is first being mailed on or about April 15, 2024 to all stockholders entitled to vote at the Annual Meeting. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING TO BE HELD ON MAY 28, 2024. Our proxy statement and Annual Report for the fiscal year ended December 31, 2023 are available at proxyvote.com. Information About this Proxy Statement This Proxy Statement is being furnished to stockholders in connection with the solicitation of proxies by our Board of Directors (the “Board”) for use at the Annual Meeting. This Proxy Statement includes information that we are required to provide to you under the rules of the Secur

View Full Filing

View this DEF 14A filing on SEC EDGAR