Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 189

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 189
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 power, and similar corporate matters; •books and records; •enforceability; •brokers; •capitalization; •SEC filings; •related party transactions; •litigation; •compliance with applicable legal requirements; •Merger Sub activities; •internal controls; listing; financial statements; •no undisclosed liabilities; •consents; conflicts; •tax matters; •investigation; no other representations; •absence of certain changes or events; •no conflicts; required consents; no violations; •with respect to Staffing 360: •change of control payments; Staffing 360 entities; •financial statements; 105 •title to assets; •insurance; •conduct of business; •contracts; •customers and suppliers; •employees and employee benefit plans; •permits; •environmental matters; •real estate; •intellectual property; IT assets; data privacy; •absence of improper payments; •accuracy of information supplied; and •no other representations. The representations and warranties are, in many respects, qualified by materiality and knowledge, and will not survive the Merger, but their accuracy forms the basis of some of the conditions to the obligations of Atlantic International and Staffing 360 to complete the Merger. Exclusive Dealing The Merger Agreement contains provisions that make it more difficult for each of Atlantic International and Staffing 360 to: (i) solicit, initiate, knowingly encourage, knowingly facilitate, discuss or negotiate, directly or indirectly, any inquiry, proposal or offer (written or oral) with respect to any Company Acquisition Proposal; (ii) furnish or disclose any non -publicinformation to any person in connection with, or that would reasonably be expected to lead to, a Company Acquisition Proposal; (iii) enter into any contract or other arrangement or understanding regarding a Company Acquisition Proposal; (iv) prepare or take any steps in connection with a public offering of any equity interests of Staffing 360 (or any affiliate or successor thereof); or (v) otherwise cooperate in any way with, or assist or participate in, or knowingly facilitate or knowingly encourage any effort or attempt by any person to do or seek to do any of the foregoing. “ Company Acquisition Proposal” means (a) any transaction or series of related transactions under which any person(s), directly or indirectly, (i) acquires or otherwise purchases Staffing 360 or (ii) all or a material portion of assets or businesses of Staffing 360 (in the case of each of clause (i) and