Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 47

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 47
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”) was held on October 3, 2024. 14 On October 8, 2024, Staffing 360 received a letter (the “Letter”) from the Nasdaq Hearings Panel (“Panel”) indicating that the Panel has determined to grant Staffing 360’s request to continue its listing on Nasdaq, subject to the Merger Agreement being signed by November 1, 2024, which, in fact, occurred and the Merger being completed by December 31, 2024. If the Merger is not completed, Staffing 360 may be unable to comply with certain milestone set forth in the Letter, which can result in delisting of Staffing 360 common stock from Nasdaq. In addition, if the Merger is not completed, Atlantic International and Staffing 360 could be subject to litigation related to any failure to complete the Merger or to perform their respective obligations under the Merger Agreement. If the Merger is not completed, Atlantic International and Staffing 360 cannot assure their stockholders that these risks will not materialize and will not materially affect the business, financial condition, results of operations and stock prices of Atlantic International or Staffing 360. The market price for shares of Atlantic International common stock following the completion of the Merger may be affected by factors different from, or in addition to, those that historically have affected or currently affect the market prices of shares of Atlantic International common stock and Staffing 360 common stock. Upon consummation of the Merger, Staffing 360 stockholders will become Atlantic International stockholders. Atlantic International’s business differs from that of Staffing 360 in certain respects, and, accordingly, the financial condition and results of operations of Atlantic International after completion of the Merger, as well as the market price of shares of Atlantic International common stock, may be affected by factors that are different from those currently or historically affecting the financial condition and results of operations of Atlantic International or Staffing 360. In addition, the stock market has experienced significant price and volume fluctuations in recent times, which, if they continue to occur, could adversely affect the market for, or liquidity of, Atlantic International common stock, regardless of Atlantic International’s actual results of operations. For a discussion of the businesses of each of Atlantic International and Staffing 360 and some important factors to consider in connection with those businesses, please see the sections titled “ Information About Atlantic International”and “Information About Staffing 360”of this proxy statement/prospectus and the