ATLANTIC INTERNATIONAL CORP. (ATLN): Nasdaq/NYSE listing notice — SeqLL receives second 180-day Nasdaq extension to meet $1 minimum bid price rule

ATLANTIC INTERNATIONAL CORP.

Granted additional 180 days until June 19, 2023, to regain compliance with Nasdaq's $1.00 minimum bid price requirement.
Company still below $1.00; must close at $1.00 or higher for 10 consecutive business days to cure.
If not compliant by June 19, 2023, Nasdaq will issue delisting notice; company may appeal to Hearings Panel.
SeqLL intends to consider reverse stock split or other options to cure deficiency.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

ATLANTIC INTERNATIONAL CORP. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

eived a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock was below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”) based on the closing bid price of the common stock for the 30 consecutive business days prior to the date of notice from Nasdaq. On December 20, 2022, the Company received notice from Nasdaq indicating that, while the Company has not regained compliance with

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18 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

ATLANTIC INTERNATIONAL CORP. filing history →

Source: SEC EDGAR

accession 0001213900-22-082216

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