secwatch.observer — SEC 8-K summary
======================================

Issuer:     ATLANTIC INTERNATIONAL CORP. (ATLN)
CIK:        0001605888
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001213900-23-012108
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeqLL announces $1.8M registered direct offering of 2M shares at $0.90/share
----------------------------------------------------------------------------

- Offered 2,000,000 shares of common stock at $0.90 per share for gross proceeds of $1.8M.
- Net proceeds to be used for working capital and general corporate purposes; offering closed Feb 15, 2023.
- Maxim Group LLC acted as sole placement agent; received 8% cash fee on aggregate gross proceeds.
- Shares sold under effective shelf registration statement on Form S-3 (File No. 333-268319) declared effective Dec 8, 2022.
- Company agreed to 30-day lock-up on further equity issuances and registration statements, subject to exceptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605888/000121390023012108/0001213900-23-012108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605888/000121390023012108/ea173456-8k_seqllinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-012108

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer