Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 307

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 307
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       200,000 |     |            |   128 |     | $                      | 0.64 |     | $ | 0.64 |
|                                                       |     |     2,971,821 |     | $          | 6,951 |     |                        |      |     |   |      |

F-29

STAFFING 360 SOLUTIONS, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FISCAL YEARS ENDED DECEMBER 30, 2023 AND DECEMBER 31, 2022
(All amounts in thousands) NOTE 13 — STOCKHOLDERS’ (DEFICIT) EQUITY (cont.)

The Company issued the following shares of common stock during the twelve-month period ended December 31, 2022:

| Shares issued to/for:       |     |     Number of 
 Common Shares 
        Issued |     | Fair Value 
 of Shares  
 Issued     |       |     | Fair Value at Issuance 
 (minimum and maximum   
 per share)             |      |     |   |      |
|:----------------------------|:----|--------------:|:----|:-----------|------:|:----|:-----------------------|-----:|:----|:--|-----:|
| Equity raise                |     |       657,858 |     | $          | 4,013 |     | $                      | 6.10 |     | $ | 6.10 |
| Board and committee members |     |        63,000 |     |            |   201 |     |                        | 3.02 |     |   | 9.65 |
| Related party shares        |     |       100,000 |     |            |   257 |     |                        | 2.57 |     |   | 2.57 |
| Consultants                 |     |        36,000 |     |            |   113 |     |                        | 3.02 |     |   | 7.40 |
|                             |     |       856,858 |     | $          | 4,584 |     |                        |      |     |   |      |

The Company’s authorized common stock consists of shares having a par value of $. As of the end of Fiscal 2023 and Fiscal 2022, the Company has issued and outstanding and common shares, respectively.