secwatch.observer — SEC 8-K summary
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Issuer:     ATLANTIC INTERNATIONAL CORP. (ATLN)
CIK:        0001605888
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001213900-23-076710
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeqLL receives Nasdaq notice for insufficient publicly held shares; must submit compliance plan by Oct 23
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- Nasdaq letter dated Sept 8, 2023, states SeqLL no longer meets minimum 500,000 publicly held shares required by Listing Rule 5550(a)(4) as of Sept 7.
- Non-compliance has no immediate effect on trading; company has until Oct 23, 2023 to submit a plan to regain compliance.
- Company intends to complete a public offering of common stock, previously disclosed in connection with a reorganization, to address the deficiency.
- If Nasdaq rejects the plan, delisting proceedings will begin; company may appeal to a Nasdaq hearings panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605888/000121390023076710/0001213900-23-076710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605888/000121390023076710/ea185031-8k_seqllinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-076710

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