secwatch.observer — SEC 8-K summary
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Issuer:     ATLANTIC INTERNATIONAL CORP. (ATLN)
CIK:        0001605888
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001213900-23-078796
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeqLL receives Nasdaq deficiency notice for insufficient publicly held shares; plan due Sept 25
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- Nasdaq notified SeqLL that publicly held shares fell below the required 500,000 minimum (Rule 5550(a)(4)).
- Supplemental letter received Sept 18, 2023; company must submit compliance plan by Sept 25, 2023.
- If plan is rejected, Nasdaq will delist the securities; SeqLL may appeal to a hearings panel.
- SeqLL expects to regain compliance by issuing a stock dividend to pre-merger stockholders under the pending reorganization.
- Trading continues on Nasdaq Capital Market with no immediate impact while the company pursues a plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605888/000121390023078796/0001213900-23-078796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605888/000121390023078796/ea185505-8k_seqllinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-078796

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