Atlas Critical Minerals shares surge 12.61% premarket after upsized $11M offering and Nasdaq listing.

think> Okay, let's tackle this query step by step. The user wants me to act as a financial analyst explaining the stock price movement of Atlas Critical Minerals (ATCX) by linking it to recent news events. The stock is up 12.61% in premarket trading. I need to check the provided news events to see which ones are relevant and caused this surge. First, the stock movement is a significant increase of about 12.61% in the premarket session. Now, looking at the news events. There are six reasons listed, but some of them have incomplete content. Let's go through each one. Reason 1: The company announced the closing of an upsized public offering. They sold 1.38 million shares at $8 each, raising $11 million. They also received Nasdaq listing approval on January 8 and started trading on the 9th. The CEO mentioned this as a milestone, improving liquidity and financial position. This seems positive. Reason 2: Summary mentions raising $11 million through an upsized offering. Content is cut off, but the key points are the funding and the Nasdaq listing. Also positive. Reason 3: Confirms the $11M raise and Nasdaq listing. The proceeds will be used for exploration in Brazil. Positive. Reason 4: Similar to others, mentions the closing of the offering but content is limited. Still, the main event is the same. Reason 5: Repeats the details from reason 1, so same analysis applies. Reason 6: The company was added to the NASDAQ Composite Index. This is a positive development as it can increase visibility and attract more investors. However, the date is January 12, which is the same day as the premarket trade. If the addition to the index was announced on the 12th, that could be another reason for the premarket jump. But the stock started trading on the Nasdaq on the 9th. Being added to the Composite Index might be a separate event. Now, considering the timing: the premarket is on January 12. The stock started trading on Nasdaq on the 9th, so the addition to the Composite Index on the 12th might be a new positive. However, the main news from the 8th and 9th (listing and fundraising) were already announced before the 12th. The premarket surge on the 12th could be due to either the index addition or follow-up on the earlier news. But since the news about the offering and Nasdaq listing were already public by the 9th, the index addition on the 12th might be the more recent catalyst. However, the user's input lists the stock movement as premarket on the 12th, and the news events include both the offering (announced on the 12th as well) and the index addition on the same day. Wait, the offering was closed on January 12, as per reason 1's content. The announcement of closing the offering and the full exercise of the over-allotment was made on the 12th. That's the same day as the premarket movement. So the premarket surge is likely in reaction to the announcement made that day about the successful closing of the offering and the Nasdaq listing. The index addition is another positive but might be a separate event. However, the main reason for the 12.61% jump is the successful fundraising and Nasdaq listing, which provides the company with capital for projects and increased liquidity. The CEO's statement emphasizes the significance of the Nasdaq uplisting and the strong investor interest. So, the key news is the closing of the upsized offering and the Nasdaq listing. The addition to the Composite Index is a positive but perhaps secondary. Since the user's example includes the most directly related news, I should focus on the fundraising and listing as the primary drivers. The percentage is rounded to 12.61% (but the instruction says two decimal places, so 12.61% without trailing zeros). The trading period is premarket. I need to make sure that the relevant news events are all pointing to the same positive factors. All the relevant reasons (1,2,3,5) mention the $11M raise and Nasdaq listing. Reason 6 is about the index addition, which is also positive but might be a secondary factor. The example in the user's input included the most direct news. So the summary should mention the closing of the upsized offering and the Nasdaq listing as the main reasons for the premarket surge. The index addition could be mentioned if it's part of the same day's news, but the primary focus is on the fundraising and listing. Therefore, the concise explanation should state the stock's movement, the premarket session, and the key news being the successful closing of the ups.