Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 16

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 16
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360 equity holders in the proposed Merger is expected be traded on the Nasdaq Capital Market under the symbol “ATLN.” Q:What is a “broker non -vote ”? A:Broker non -votesoccur when shares are held indirectly through a broker, bank or other intermediary on behalf of a beneficial owner (referred to as held in “street name”) and the broker submits a proxy but does not vote for a matter because the broker has not received voting instructions from the beneficial owner and (i) the broker does not have discretionary voting authority on the matter or (ii) the broker chooses not to vote on a matter for which it has discretionary voting authority. Brokers are permitted to exercise discretionary voting authority only on “routine” matters when voting instructions have not been timely received from a beneficial owner. None of proposals presented at the special meeting are considered a “routine matter.” Therefore, if you do not provide voting instructions to your broker regarding such proposals, your broker will not permitted to exercise discretionary voting authority to vote your shares on such proposals. Q:Which proposals are considered “routine” or “non -routine ”? A:None of the proposals currently scheduled to be voted on at the Staffing 360 special meeting are routine matters for which brokers may have discretionary authority to vote. Accordingly, it is not expected that there will be any broker non -votes. Q:What stockholder vote is required for the approval of each proposal at the Staffing 360 special meeting? What will happen if I fail to vote or abstain from voting on each proposal at the Staffing 360 special meeting? A:Assuming a quorum is present at the special meeting, the approval of the Merger Agreement Adoption Proposal requires the affirmative vote of the majority of the shares outstanding and entitled to vote and approval of the Adjournment Proposal requires the affirmative vote of the holders of a majority of the shares entitled to vote on the Adjournment Proposal represented in person or by proxy at the special meeting. For each proposal, you may choose to vote “FOR,” “AGAINST” or “ABSTAIN.” Abstentions will have the effect of votes “AGAINST” both proposals, and broker non -voteswill have no effect on the proposals. Q:How do I vote my shares if I am a stockholder of record? A:If you are a stockholder of record, you may vote over the Internet, by telephone, by mail or during the special meeting. Please be aware that if you vote by telephone or