Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 313

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 313
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ired or cancelled             |     |   (673,285 | ) |     |                | 26.84 |
| Outstanding at December 31, 2022 |     |  1,703,688 |   |     |                |  9.61 |
| Issued                           |     |  8,631,937 |   |     |                |  1.40 |
| Exercised                        |     | (2,761,170 | ) |     |                |  0.59 |
| Expired or cancelled             |     |   (876,654 | ) |     |                |  5.85 |
| Balance at December 30, 2023     |     |  6,697,801 |   |     | $              |  3.48 |

| Exercise Price    |     |          Number 
     Outstanding 
 and Exercisable |     |     Weighted 
      Average 
    Remaining 
  Contractual 
 Life (years) |     | Weighted       
 Average        
 Exercise price |      |
|:------------------|:----|----------------:|:----|-------------:|:----|:---------------|-----:|
| $3.06 – $3,750.00 |     |       6,697,801 |     |         3.41 |     | $              | 3.48 |

Incentive Plans

2014 Equity Incentive Plan

On January 28, 2014, our Board adopted the 2014 Equity Incentive Plan (the “2014 Plan”.) Under the 2014 Plan, we may grant options to employees, directors, senior management of the Company and, under certain circumstances, consultants. The purpose of the 2014 Plan is to retain the services of the group of persons eligible to receive option awards, to secure and retain the services of new members of this group and to provide incentives for such persons to exert maximum efforts for the success of the Company and its affiliates. A maximum of shares of common stock has been reserved for issuance under this plan. The 2014 Plan expires on . As of December 30, 2023, the Company had issued options and shares of common stock pursuant to the 2014 Plan and therefore there are no remaining shares eligible to be issued under the 2014 Plan.

2015 Omnibus Incentive Plan

On September 23, 2015, our Board adopted the 201