Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 226

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 226
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 on an as -convertedbasis, subject to certain beneficial ownership limitations. (3)Includes 48,275shares of common stock owned and options to purchase up to 5,320shares of common stock. (4)Mr. Yelenic owns 31,050shares of Series H Preferred Stock, convertible into an aggregate of approximately 121shares of common stock. (5)Includes 29,098shares of common stock held personally by Mr. Villard, 51shares of common stock held through Byzantine Productions, Inc., for which Mr. Villard is deemed the beneficial owner with sole voting and dispositive power over the securities held by the entity, and options held by Mr. Villard to purchase up to 2shares of common stock. (6)Includes 29,099shares of common stock held personally by Mr. Florio, and 105shares of common stock and options to purchase up to 2shares of common stock held in the name of Citrin Cooperman, for which Mr. Florio is deemed the beneficial owner with sole voting and dispositive power over the securities held by the firm. (7)Ms. Barker owns 29,281shares of common stock. (8)Mr. Cebula owns 29,080shares of common stock. (9)Consists of 64,235shares of common stock directly owned by RScube Investment, LLC (“Rscube”), as reported on the Schedule 13D/A filed jointly by RScube, Satvinder Singh and Anil Sharma with the SEC on September 22, 2023. Mr. Singh beneficially owns 50% of the outstanding shares of Rscube. Mr. Sharma beneficially owns the remaining 50% of the outstanding shares of Rscube. Accordingly, each of Rscube, Mr. Singh and Mr. Sharma may be deemed to beneficially own the shares owned directly by Rscube. (10)Consists of 9,000,000shares of Series H Preferred Stock, convertible into an aggregate of approximately 35,002shares of common stock. Pursuant to a voting rights agreement (the “Voting Rights Agreement”), dated as of May 18, 2022, by and among the Company, Headway Workforce Solutions, Inc., a Delaware corporation (“Headway”), Chapel Hill Partners, L.P., as the representative of all the stockholders of Headway (“Chapel Hill”) and the certain stockholders of the Series H Preferred Stock party