Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 514

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 514
---
ible Preferred Stock (the “ Preferred Stock ”) and the Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of the Series H Convertible Preferred Stock (the “ Certificate of Designations ”) was initially filed with the Secretary of State of the State of Delaware on May 23, 2022, evidencing such terms; WHEREAS, pursuant to (i) Section 2 of the Certificate of Designations, the number of shares designated as Preferred Stock shall not be increased without the written consent of all holders of the Preferred Stock (the “ Required Holders ”) and (ii) Section 4 of the Certificate of Designations, the Company shall not, without the affirmative vote of the holders of a majority of the then outstanding shares of the Preferred Stock, voting as a separate class, alter or change adversely the powers, preferences or rights given to the Preferred Stock or alter or amend the Certificate of Designation; WHEREAS, the Required Holders pursuant to the Certificate of Designations have consented, in accordance with the Certificate of Designations, on January [ ], 2025, to this Amendment on the terms set forth herein; and WHEREAS, the Board has duly adopted resolutions proposing to adopt this Amendment and declaring this Amendment to be advisable and in the best interest of the Company and its stockholders. NOW, THEREFORE, this Amendment has been duly adopted in accordance with Section 242 of the DGCL and has been executed by a duly authorized officer of the Company as of the date first set forth above to amend the terms of the Certificate of Designations as follows: 1. Section 2 of the Certificate of Designations is hereby amended and restated to read as follows (emphasis added): Section 2. Designation, Amount and Par Value . The series of preferred stock shall be designated as its Series H Convertible Preferred Stock (the “ Preferred Stock ”) and the number of shares so designated shall be up to 14,000,000 (which shall not be subject to increase without the written consent of all of the holders of the Preferred Stock (each, a “ Holder ” and collectively, the “ Holders ”)). Each share of Preferred Stock shall have a par value of $0.00001 per share and a stated value equal to $1.00 (the “ Stated Value ”). 2. Section 8 of the Certificate of Designations is hereby amended and restated to read as follows: Section 8. Reserved . [ Signature Page Follows ] Annex