Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 351

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 351
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, 2024 and December 30, 2023 was $ 16,838and $ 14,698, respectively, and is included in Accounts receivable financing on the Consolidated Balance Sheets. On October 18, 2024, the Company received a notice of default from MidCap. This notice reserves the Lender’s available rights and remedies under the Credit Agreement.

NOTE 5 —INTANGIBLE ASSETS

|                          |     | September 28, 2024 |        |   |     |             |        |   |     |              |         |   |     |       |         |   |
|:-------------------------|:----|:-------------------|-------:|:--|:----|:------------|-------:|:--|:----|:-------------|--------:|:--|:----|:------|--------:|:--|
|                          |     | Tradenames         |        |   |     | Non-Compete |        |   |     | Customer     
 Relationship |         |   |     | Total |         |   |
| Intangible assets, gross |     | $                  |  8,282 |   |     | $           |  2,215 |   |     | $            |  18,953 |   |     | $     |  29,450 |   |
| Accumulated amortization |     |                    | (5,359 | ) |     |             | (2,215 | ) |     |              | (11,926 | ) |     |       | (19,500 | ) |
| Intangible assets, net   |     | $                  |  2,923 |   |     | $           |      — |   |     | $            |   7,027 |   |     | $     |   9,950 |   |

|                          |     | December 30, 2023 |        |   |     |             |        |   |     |              |         |   |     |       |         |   |
|:-------------------------|:----|:------------------|-------:|:--|:----|:------------|-------:|:--|:----|:-------------|--------:|:--|:----|:------|--------:|:--|
|                          |     | Tradenames        |        |   |     | Non-Compete |        |   |     |