Welcome to our dedicated page for Atlas Critical news (Ticker: ATCX), a resource for investors and traders seeking the latest updates and insights on Atlas Critical stock.
Atlas Critical Minerals Corporation (NASDAQ: ATCX) is a mineral exploration and development company focused on critical minerals projects in Brazil, and its news flow reflects this focus on rare earths, nuclear-grade graphite, uranium, and iron ore. Company announcements describe a large portfolio of mineral rights exceeding 218,000 hectares, with assets that include rare earths, graphite, titanium, copper, uranium, nickel, and iron ore, as well as mineral rights for quartzite, gold, and diamond properties.
News updates for ATCX commonly cover developments at its key projects, such as the Alto do Paranaíba and Iporá rare earths projects, the Malacacheta Graphite Project, and the Rio Piracicaba Iron Ore Project. Disclosures have highlighted SK 1300 Technical Reports filed with the U.S. Securities and Exchange Commission, drilling and sampling results, metallurgical testing outcomes, and the start of revenue-generating iron ore operations.
Investors can also expect news related to capital markets activity, including the company’s listing on the Nasdaq Capital Market under the symbol ATCX and underwritten public offerings of common stock. These releases outline how proceeds are intended to support exploration and development across the Brazilian critical minerals portfolio and general corporate purposes.
This news page aggregates company press releases and market updates so readers can follow Atlas Critical Minerals’ progress on rare earths, nuclear-grade graphite, uranium, and iron ore projects in Brazil, along with regulatory and financing milestones that shape the company’s development path.
Atlas Technical Consultants has announced a public offering of 6,250,000 shares of Class A common stock. The offering consists of 5,000,000 shares from the company and 1,250,000 from a selling stockholder, with an option for underwriters to purchase an additional 937,500 shares. The last reported share price was $9.20. The proceeds will primarily be used to repay debts and for general corporate purposes. The registration statement has been filed with the SEC but is not yet effective.
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) has announced the acquisition of WesTest LLC, a transportation-related materials testing and inspection services provider based in Colorado. With around 40 employees, WesTest enhances Atlas's capabilities in engineering and testing services. Atlas's CEO, L. Joe Boyer, expressed optimism about expanding their services in Colorado, aiming for growth in transportation and infrastructure sectors. The deal is set to close in Q3 2020, although financial terms were not disclosed.
AUSTIN, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Atlas Technical Consultants (Nasdaq: ATCX) announced its agreement to acquire Alta Vista Solutions, a provider of transportation-related testing and inspection services. This strategic move will enhance Atlas's capabilities in California and New York, where demand for transportation investment is growing. Alta Vista operates with approximately 100 employees from multiple offices. The acquisition aims to expand Atlas's service offerings and increase self-performing capabilities. The deal is expected to close in Q3 2020.
Atlas Technical Consultants (ATCX) will announce its second quarter 2020 financial results on August 10, 2020, after market close. A conference call will take place at 5:00 p.m. Eastern Time to discuss the results and recent developments, with a Q&A session included. Interested parties can access the webcast on the company's website or join via phone. Atlas, based in Austin, Texas, provides professional testing, inspection, and engineering services across various sectors with over 100 offices nationwide and a workforce exceeding 3,200 employees. For further details, visit their website.
Atlas Technical Consultants (Nasdaq: ATCX) has been selected by the Georgia Department of Transportation to provide Right-of-Way Acquisition services for two critical infrastructure projects: the I-285 at I-20 East Side Interchange Reconstruction and the I-285 Express Lanes. These projects will enhance traffic flow, safety, and capacity in Dekalb County, Georgia. The announcement reflects Atlas's focus on expanding its self-perform capabilities amidst increasing demand for right-of-way services. The improvements are part of the Georgia DOT's Major Mobility Investment Program aimed at optimizing the state's transportation network.
Atlas Technical Consultants (Nasdaq: ATCX) reported preliminary second quarter 2020 results, with gross revenue projected between $111 million and $113 million and net income estimated at $2.0 million to $2.5 million. Adjusted EBITDA is expected to be $15.0 million to $15.5 million, while liquidity reached approximately $39 million. For the full year 2020, gross revenue is anticipated between $453 million and $468 million, a decrease from prior expectations due to COVID-19 impacts. Backlog surpassed $620 million, showing business resilience despite pandemic challenges.
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) announced that its subsidiary, Consolidated Engineering Laboratories, secured a $4 million contract for geotechnical and materials testing at the Richards Boulevard Office Complex in Sacramento, CA. This complex, valued at approximately $1 billion, will serve 4,650 California state employees through four structural steel office buildings and a precast parking garage. The project emphasizes Atlas's capabilities in delivering value to clients in collaboration with the California Department of General Services.
Atlas Technical Consultants (ATCX) announced its selection by East Baton Rouge Parish for the $30M Sherwood Forest Drive Extension project, part of a $1B mobility enhancement program. The project aims to improve transportation infrastructure through comprehensive design services, including geotechnical design and traffic engineering. The design will utilize advanced LiDAR technology and address environmental challenges, particularly flood management. The initiative supports Baton Rouge’s goals of reduced congestion and improved quality of life for residents.
Austin-based Atlas Technical Consultants, a leading firm in testing and inspection services, announced that CEO Joe Boyer and CFO David Quinn will present at the Stifel 2020 Virtual Cross Sector Insight Conference on June 10, 2020, at 4:00 p.m. ET. A live audio webcast of the event will be available on the company’s website, with a replay accessible afterward. Atlas serves public and private sector clients in various markets, including transportation and education, operating over 100 offices across 40 states with a workforce of more than 3,200 employees.