Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 181

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 181
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ger The shares of Atlantic International common stock to be issued in connection with the Merger will be registered under the Securities Act and will be freely transferable, except for the shares of Atlantic International common stock to be issued to any Staffing 360 equity holder who may be deemed to be an “affiliate” of Atlantic International for purposes of Rule 144 under the Securities Act. Persons who may be deemed to be affiliates of Atlantic International include individuals or entities that control, are controlled by, or are under common control with, Atlantic International and may include the executive officers, directors and significant stockholders of Atlantic International. Delisting and Deregistration of Staffing 360 Common Stock If the Merger is completed, Staffing 360 common stock will be delisted from the Nasdaq and deregistered under the Exchange Act, and Staffing 360 will no longer be required to file periodic reports with the SEC with respect to Staffing 360 common stock. Staffing 360 has agreed to cooperate with Atlantic International to take, or cause to be taken, all actions necessary to delist Staffing 360 common stock from Nasdaq and to terminate Staffing 360’s registration under the Exchange Act after the Effective Time. 100 The Merger Agreement The following summary describes the material provisions of the Merger Agreement. The provisions of the Merger Agreement are complicated and not easily summarized. This summary may not contain all of the information about the Merger Agreement that is important to you. This summary is qualified in its entirety by reference to the full text of the Merger Agreement, which is attached to this joint proxy and consent solicitation statement/prospectus as Annex A , to this proxy statement/prospectus. You should read the Merger Agreement carefully and in its entirety, as it is the legal document governing the Merger and the other transactions contemplated thereby. The Merger Agreement has been included to provide you with information regarding its terms and the transactions described in this proxy statement/prospectus. Neither Atlantic International nor Staffing 360 intends that the Merger Agreement will be a source of business or operational information about Atlantic International or Staffing 360. The Merger Agreement contains representations and warranties made by and to Atlantic International, Staffing 360 and Merger Sub as of specific dates. The statements embodied in those representations and warranties were made for purposes of the Merger Agreement between the parties and are subject to qualifications and limitations agreed by the parties in connection with negotiating the terms of the Merger Agreement and may be intended not as statements of fact