---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-002852"
form_type: "8-K"
ticker: "ATLN"
cik: "0001605888"
company_name: "ATLANTIC INTERNATIONAL CORP."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:25:27.147861+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SeqLL amends merger agreement with Lyneer, reduces stock consideration to $50M

## Summary
- Lyneer Stock Consideration cut from $60M to $50M; shares based on offering price.
- Atlantic Stock Consideration formula revised: A lowered to $150M (from $225M), C to $62M (from $72M).
- Amendment No. 2 entered on Oct 5, 2023; merges Atlantic Merger Sub and SeqLL Merger Sub into Lyneer.
- Merger structure unchanged: Lyneer becomes wholly owned subsidiary of SeqLL.

## SEC filing metadata
- accession: 0001013762-23-002852
- form_type: 8-K
- ticker: ATLN
- cik: 0001605888
- company_name: ATLANTIC INTERNATIONAL CORP.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605888/000101376223002852/0001013762-23-002852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605888/000101376223002852/ea186469-8k_seqllinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-002852
- JSON: https://secwatch.observer/filing/0001013762-23-002852.json
- Plain text: https://secwatch.observer/filing/0001013762-23-002852.txt

## Key facts
- Material Agreements
  ATLANTIC INTERNATIONAL CORP. amended Amendment No. 2 to the Agreement and Plan of Reorganization with SeqLL, Inc., SeqLL Merger LLC, Atlantic Acquisition Corp, Atlantic Merger LLC, Lyneer Investments, LLC, IDC Technologies, Inc., and Lyneer Management Holdings LLC (effective 2023-10-05).
  - Action: amendment
  - Agreement: merger
  - Counterparty: SeqLL, Inc., SeqLL Merger LLC, Atlantic Acquisition Corp, Atlantic Merger LLC, Lyneer Investments, LLC, IDC Technologies, Inc., and Lyneer Management Holdings LLC
  - Effective: 2023-10-05
  source text: On October 5, 2023, the Company entered into Amendment No. 2 to the Agreement and Plan of Reorganization (the “Amendment”) with the other parties thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1605888/000101376223002852/0001013762-23-002852-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.