Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 212

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 212
---
 consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of Staffing 360 outstanding at the time the transaction commenced, exclusive of shares owned by directors who are also officers and by certain employee stock plans, or (iii) at or subsequent to such time, the business combination is approved by the board of directors of Staffing 360 and authorized by the affirmative vote at a stockholders’ meeting of at least 662/3% of the outstanding voting stock of Atlantic International which is not owned by the interested stockholder. 
 The Atlantic International Bylaws do not contain any provision regarding electing not to be governed by Section 203 of the DGCL, therefore Section 203 of the DGCL is applicable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Forum Selection                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| The Staffing 360 Bylaws do not contain a forum selection clause.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |     | Atlantic International Bylaws do not contain a forum selection clause.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

132

DESCRIPTION OF COMBINED COMPANY SECURITIES As a result of the Merger, Staffing 360 stockholders who receive shares of Atlantic International common stock in the Merger will become stockholders of Atlantic International. The rights of stockholders of Atlantic International will be governed by Delaware law, the Atlantic International Charter and the Atlantic International Bylaws. The following briefly summarizes the material terms of Atlantic International’s common stock after giving effect to the Merger and the other transactions contemplated hereunder. Atlantic International urges you to read the applicable provisions of the DGCL, the Atlantic International Charter and the Atlantic International Bylaws carefully in their entirety. General Following the consummation of the Merger, the authorized capital stock of Atlantic International will consist of 300,000,000shares of common stock, par value $0.00001 per share and 20,000,000shares of preferred stock, $0.00001 par value per share. Common Stock Dividend Rights Subject to the rights of any holders of any outstanding shares or series of preferred stock, holders of common stock are entitled to the payment of dividends when and as declared by our board of directors in accordance with applicable law and to receive other distributions. Voting Rights Except as provided by law or in a preferred stock designation, holders of common stock are entitled