Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 37

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 37
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 failure to consummate the transactions contemplated by the Merger Agreement on or before the Termination Date; •if any governmental authority shall have issued an order or taken any other action permanently enjoining, restraining or otherwise prohibiting the transactions contemplated by the Merger Agreement and such order or other action shall have become final and non -appealable; or •by Atlantic International or Staffing 360, if the special meeting of Staffing 360 has been held (including any adjournment or postponement thereof) and has concluded, and the Staffing 360 stockholders have duly voted and the required Staffing 360 stockholder approval was not obtained. Termination by Atlantic International Atlantic International may terminate the Merger Agreement and the Merger may be abandoned at any time prior to the effective time if there has been a material breach of any of the representations or warranties of Staffing 360 or any material breach by Staffing 360 of any covenant or agreement on the part of Staffing 360 set forth in the Merger Agreement and such failures to perform any covenant or agreement, as applicable, is (or are) not cured or cannot be cured within the earlier of (i) thirty (30) days after written notice thereof is delivered to Staffing 360 by Atlantic International, and (ii) the Termination Date; provided, however, that Atlantic is not then in breach of the Merger Agreement so as to prevent any of the mutual conditions to closing and/or Staffing 360 conditions to closing from being satisfied. Termination by Staffing 360 Staffing 360 may terminate the Merger Agreement and the Merger may be abandoned at any time prior to the effective time if there has been a material breach of any representation or warranty of Atlantic International or any material breach by Atlantic International of any covenant or agreement set forth in the Merger Agreement and the failures to perform any covenant or agreement, as applicable, is (or are) not cured or cannot be cured within the earlier of (i) thirty (30) days after written notice thereof is delivered to Atlantic International by Staffing 360 and (ii) the Termination Date; provided, however, that Staffing 360 is then not in breach of the Merger Agreement so as to prevent any of the mutual conditions to closing and/or Atlantic International conditions to closing from being satisfied. For a more complete description of the foregoing termination rights, see the information provided in the section titled “ The Merger Agreement — Termination of the Merger Agreement” of this proxy statement/prospect