Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 175

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 175
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 |     | $        | 7.80 |     | 1/27/2022 |

Indemnification; Directors’ and Officers’ Insurance Pursuant to the terms of the Merger Agreement, Staffing 360 directors and officers will be entitled to certain on -goingindemnification and coverage under the existing Staffing 360 directors’ and officers’ liability insurance policies following the Merger. For a more detailed description of the provisions of the Merger Agreement relating to director and officer indemnification, see the section titled “ The Merger Agreement — Directors’ and Officers’ Insurance and Indemnification.” Amendments to Brendan Flood’s and Alicia Barker’s Employment Agreements Each of Brendan Flood and Alicia Barker with continue to be employed within their respective roles with Staffing 360. Pursuant to the Merger Agreement, Atlantic International and Staffing 360 have agreed to negotiate and agree to the terms of amended employment agreements with Brendan Flood and Alicia Barker, as President and Executive Vice President, respectively, prior to the filing with the SEC of the Registration Statement on Form S -4in connection with the Merger, with such terms including an issuance of 1,263,020 of Atlantic common stock to each of Brendan Flood and Alicia Barker, which includes a six -monthvesting period and a term of three years. Board Composition and Management of Atlantic International After Completion of the Merger There will be no change to the members of the Atlantic International board of directors or executive officers of Atlantic International as a result of the Merger. As of the Effective Time, the Atlantic International board of directors will consist of Prateek Gattani, Robert Machinst, Jeffrey Jagid, Jeff Kurtz, David Pfeffer and David Solimine. Atlantic International’s Chair of the board of directors Prateek Gattani and its Chief Executive Officer Jeffrey Jagid as of immediately prior to the Effective Time, will continue to serve as the Chair of the board of directors and Chief Executive Officer, respectively, of the combined company. Ownership of Atlantic International After Completion of the Merger As of the date of this proxy statement/prospectus, based on the number of shares of Staffing 360 and Atlantic International common stock outstanding as of the Record Date, and based on the Exchange Ratio, holders of shares of Atlantic International common stock as of immediately prior to the completion of the Merger would hold, in the aggregate, approximately 90.6% of the issued and outstanding shares of common stock of Atlantic International (based on fully