Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 369

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 369
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 currently in negotiations to pay its obligations to IRS. Agreement and Plan of Merger On November 1, 2024, the Company, Atlantic International Corp., a Delaware corporation (“ Atlantic”) and A36 Merger Sub Inc., a Delaware corporation and a wholly -ownedsubsidiary of Atlantic (“ Merger Sub”), entered into an Agreement and Plan of Merger (as amended by the First Amendment thereto, dated as of January7, 2025, and as it may be further amended from time to time, the “ Merger Agreement”), pursuant to which Merger Sub will merge with and into Company, with Company surviving as a wholly owned subsidiary of the Atlantic (the “ Merger”). Subject to the terms and conditions of the Merger Agreement, upon completion of the Merger, each share of the Company’s issued and outstanding common stock immediately prior to the effective time of the Merger, other than certain excluded shares, will be canceled and converted into the right to receive a number of shares of validly issued, fully paid and nonassessable shares of common stock of Atlantic, par value of $0.00001 per share (the “ Atlantic Common Stock”), equal to the Exchange Ratio (as defined in the Merger Agreement), with any resulting fractional shares to be rounded to the nearest whole share. F-77

Annex A-1 Execution Version AGREEMENT AND PLAN OF MERGER by and among ATLANTIC INTERNATIONAL CORP., as Atlantic, A36 MERGER SUB INC. , as the Merger Sub, and STAFFING 360 SOLUTIONS, INC., as the Company, As of: Dated November 1, 2024

TABLE OF CONTENTS

| Title                                                                    |     | Annex A  
 Page No. |
| Article I Definitions                                                    |     | A-1-1    |
| Article II The Merger                                                    |     | A-1-1    |
| Article III Closing                                                      |     | A-1-4    |
| Article IV Covenants                                                     |     | A-1-10   |
| Article V Representations and Warranties of Atlantic and Merger Sub      |     | A-1-13   |
| Article VI Representations and Warranties Regarding the Company Entities |     | A-1-21   |
| Article VII [Intentionally Omitted]                                      |     | A-1-39   |
| Article VIII Termination                                                 |     | A-1-39   |
| Article IX Miscellaneous