{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-23-005455","form_type":"8-K","ticker":"ATLN","cik":"0001605888","company_name":"ATLANTIC INTERNATIONAL CORP.","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.754292+00:00","generated_at":"2026-06-09T18:35:45.698233+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SeqLL amends merger consideration: cash cut to $35M, stock portion raised to $55M","bullets":["Amendment No. 3 to Merger Agreement reduces cash consideration from $40M to $35M.","Lyneer stock consideration increased from $50M to $55M in common shares at the Capital Raise price.","Atlantic stock consideration formula updated: C variable changed from $62M to $67M.","Capital Raise still required; Closing conditions unchanged.","Transaction parties include SeqLL (SQL), Atlantic, Lyneer, IDC Technologies, and Lyneer Management."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-23-005455","json":"https://secwatch.observer/filing/0001013762-23-005455.json","markdown":"https://secwatch.observer/filing/0001013762-23-005455.md","text":"https://secwatch.observer/filing/0001013762-23-005455.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1605888/000101376223005455/0001013762-23-005455-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1605888/000101376223005455/ea187069-8k_seqllinc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:35:45.698233+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"39a63a25489eeec85ef66d240907863c161cfaec","claim":"ATLANTIC INTERNATIONAL CORP. amended Amendment No. 3 to the Agreement and Plan of Reorganization with IDC Technologies, Inc., Lyneer Management Holdings LLC, Atlantic Acquisition Corp, and other parties (effective 2023-10-17).","evidence_excerpt":"On October 17, 2023, the Company entered into Amendment No. 3 to the Agreement and Plan of Reorganization (the “Amendment”) with the other parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1605888/000101376223005455/0001013762-23-005455-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"IDC Technologies, Inc., Lyneer Management Holdings LLC, Atlantic Acquisition Corp, and other parties"},{"label":"Effective","value":"2023-10-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}