Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 160

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 160
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. Staffing 360 is asking its stockholders to authorize the holder of any proxy solicited by the Staffing 360 board of directors to vote in favor of any adjournment of the Staffing 360 special meeting to a later date or dates, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes at the time of the Staffing 360 special meeting to approve the Staffing 360 Merger Agreement proposal. Required Vote and Recommendation Assuming a quorum is present at the Staffing 360 special meeting, approval of the Staffing 360 adjournment proposal requires the affirmative vote of a majority of the shares entitled to vote on the proposal represented in person or by proxy at the special meeting. An abstention, a broker non -voteor the failure of a Staffing 360 stockholder to vote (including the failure of a Staffing 360 stockholder who holds shares in “street name” through a bank, broker or other nominee to give voting instructions to that bank, broker or other nominee) will have no effect on the outcome of the Staffing 360 adjournment proposal. IF YOU ARE A STAFFING 360 STOCKHOLDER, THE STAFFING 360 BOARD OF DIRECTORS RECOMMENDS THAT YOU VOTE “FOR” THE STAFFING 360 ADJOURNMENT PROPOSAL (STAFFING 360 PROPOSAL #2). 88 THE MERGER The following discussion contains certain information about the Merger. The discussion is subject, and qualified in its entirety by reference, to the Merger Agreement attached as Annex A to this proxy statement / prospectus. Staffing 360 and Atlantic International urge you to read carefully this entire proxy statement / prospectus, including the Merger Agreement attached as Annex A hereto, for a more complete understanding of the Merger. General The Merger Agreement provides that, at the effective time of the Merger (the “Effective Time”), Merger Sub, a wholly -ownedsubsidiary of Atlantic International, will merge with and into Staffing 360. Upon completion of the Merger, the separate corporate existence of Merger Sub will cease, and Staffing 360 will continue as the surviving corporation and as a wholly -ownedsubsidiary of Atlantic International. Each of Staffing 360 and Atlantic International’s respective boards of directors has approved the Merger Agreement and the transactions contemplated therein, including the Merger. Merger Consideration At the Effective Time, by virtue of the Merger and without