Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 159

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 159
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ation described in this proxy statement/prospectus. The Staffing 360 board of directors, after careful consideration, (i) determined that the Merger is advisable and fair to, and in the best interests of, Staffing 360 and its stockholders, (ii) approved and declared advisable the Merger Agreement and the transactions contemplated by the Merger Agreement, and (iii) resolved to recommend the adoption of the Merger Agreement by Staffing 360 stockholders. The Merger and a summary of the terms of the Merger Agreement are described in more detail in this proxy statement/prospectus under “ The Merger” and “ The Merger Agreement,” and Staffing 360 stockholders are encouraged to read the full text of the Merger Agreement, which is attached as Annex Ahereto. It is a condition to the completion of the Merger that Staffing 360 stockholders approve the Staffing 360 Merger Agreement proposal. The Staffing 360 board of directors accordingly recommends that Staffing 360 stockholders vote “FOR” the Staffing 360 Merger Agreement proposal. Required Vote and Recommendation Assuming a quorum is present at the Staffing 360 special meeting, the approval of the Merger Agreement proposal by Staffing 360 stockholders requires the affirmative vote of the holders of a majority of the outstanding shares of Staffing 360 entitled to vote at the Staffing 360 special meeting. An abstention, a broker non -voteor the failure of a Staffing 360 stockholder to vote (including the failure of a Staffing 360 stockholder who holds shares in “street name” through a bank, broker or other nominee to give voting instructions to that bank, broker or other nominee) will have the same effect as a vote cast “AGAINST” the proposal to adopt the Merger Agreement. IF YOU ARE A STAFFING 360 STOCKHOLDER, THE STAFFING 360 BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE “FOR” THE MERGER AGREEMENT PROPOSAL
(STAFFING 360 PROPOSAL #1). 87 THE ADJOURNMENT PROPOSAL Staffing 360 believes that if the number of shares outstanding and entitled to vote at the special meeting and voting in favor of the Merger Agreement is insufficient to approve the Merger Agreement proposal, it is in the best interests of the stockholders to enable Staffing 360 to continue to seek to obtain a sufficient number of additional votes to approve the Merger Agreement proposal