Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 333

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 333
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 |               |  2,340 |   |     |               |   4,933 |   |
| Net cash used in discontinued financing activities                          |     |               |      — |   |     |               |    (256 | ) |
| NET CASH PROVIDED BY FINANCING ACTIVITIES                                   |     |               |  2,340 |   |     |               |   4,677 |   |
| NET INCREASE TO (DECREASE IN) CASH                                          |     |               |    777 |   |     |               |  (1,330 | ) |
| Effect of exchange rates on cash                                            |     |               |      — |   |     |               |      19 |   |
| Cash – Beginning of period                                                  |     |               |    721 |   |     |               |   1,992 |   |
| Cash – End of period                                                        |     | $             |  1,498 |   |     | $             |     681 |   |

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

F-53

STAFFING 360 SOLUTIONS, INC. AND SUBSIDIARIES
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (All amounts in thousands, except share, per share and stated value per share) (UNAUDITED) NOTE 1 — ORGANIZATION AND DESCRIPTION OF BUSINESS Staffing 360 Solutions, Inc. (“we,” “us,” “our,” “Staffing 360,” or the “Company”) was incorporated in the State of Nevada on December 22, 2009, as Golden Fork Corporation, which changed its name to Staffing 360 Solutions, Inc., ticker symbol “STAF,” on March 16, 2012. On June 15, 2017, the Company reincorporated in the State of Delaware. We are a public company in the domestic staffing sector. Our business model is based on finding and acquiring suitable, mature, profitable, operating, U.S. -basedstaffing companies. Our targeted consolidation model is focused specifically on the accounting and finance, information technology (“IT”), engineering, administration (“Professional”) and light industrial (“Commercial”) disciplines. Our typical acquisition model is based on paying consideration in the form of cash, stock, earn -outsand/or promissory notes. In furthering our business model, we are regularly in discussions and negotiations with various suitable