---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-082216"
form_type: "8-K"
ticker: "ATLN"
cik: "0001605888"
company_name: "ATLANTIC INTERNATIONAL CORP."
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-21T00:05:22.070088+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SeqLL receives second 180-day Nasdaq extension to meet $1 minimum bid price rule

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-22-082216
- form_type: 8-K
- ticker: ATLN
- cik: 0001605888
- company_name: ATLANTIC INTERNATIONAL CORP.
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605888/000121390022082216/0001213900-22-082216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605888/000121390022082216/ea170683-8k_seqllinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-082216
- JSON: https://secwatch.observer/filing/0001213900-22-082216.json
- Plain text: https://secwatch.observer/filing/0001213900-22-082216.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1605888/000121390022082216/0001213900-22-082216-index.htm

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