Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 40

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 40
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 cause current or future employees, consultants, vendors or strategic partners to delay or defer decisions concerning Atlantic International and Staffing 360 and adversely affect each company’s ability to effectively manage their respective businesses. •Whether or not the Merger is completed, the announcement and pendency of the Merger will continue to divert significant management resources to complete the Merger, which could have an adverse effect on Atlantic International’ and Staffing 360’s respective businesses, results of operations and/or market prices. •The directors and executive officers of Staffing 360 have interests and arrangements that may be different from, or in addition to, those of Atlantic International and Staffing 360 stockholders generally. •The Exchange Ratio is not adjustable based on the market price of Atlantic International common stock, so the Merger Consideration at the closing may have a greater or lesser value than at the time the Merger Agreement was signed. •The analysis received by the Staffing 360 Board of Directors from Cornerstone Valuation has not been, and is not expected to be, updated to reflect changes in circumstances that may have occurred since the date of the analysis. •If the Merger does not qualify as a “reorganization” under Section 368(a) of the Code, U.S. holders of Staffing 360 common stock may be required to pay additional U.S. federal income taxes. •Following the Merger, there can be no assurance that Atlantic International will be able to comply with the continued listing standards of Nasdaq. •The unaudited pro forma condensed combined financial information included in this proxy statement/prospectus may not be indicative of what Atlantic International’s actual financial position or results of operations would have been. Risks Relating to Atlantic International’s Business •Atlantic International’s ability to use its federal net operating loss carryforwards and certain other tax attributes may be limited. •Atlantic International’s principal stockholder owns approximately 43% of its outstanding common stock, subject to a pledge agreement which is in default and the stockholder’s interests may conflict with yours in the future. •Lyneer’s debt instruments contain covenants that could limit its financing options and liquidity position, which would limit its ability to grow its business. •Lyneer faces risks associated with litigation and claims. •Risks of our roll -upstrategy. 10 •Our strategy of growing our company through acquisitions may impact our business in unexpected ways. •The requirements of complying with the Exchange Act and the Sarbanes -OxleyAct may strain our resources