{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-085296","form_type":"8-K","ticker":"ATLN","cik":"0001605888","company_name":"ATLANTIC INTERNATIONAL CORP.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.754541+00:00","generated_at":"2026-06-08T06:43:50.358408+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SeqLL amends merger agreement with Lyneer/IDC; cash consideration reduced, adds $20M convertible note","bullets":["Amendment No. 4 eliminates $35M cash consideration, replacing with $20M cash + $20M convertible note to IDC.","Convertible note bears no interest; upon default, 7% p.a. and convertible at ≥80% of Capital Raise price.","Lyneer Stock Consideration redirected: 90% of shares formerly issuable to IDC now issuable to IDC CEO Prateek Gattani.","Atlantic Stock Consideration changed to $43M / Offering Price (previously based on $150M - $67M formula).","Required dividends to stockholders removed; replaced with settlement offer of same amount within 90 days of closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-085296","json":"https://secwatch.observer/filing/0001213900-23-085296.json","markdown":"https://secwatch.observer/filing/0001213900-23-085296.md","text":"https://secwatch.observer/filing/0001213900-23-085296.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1605888/000121390023085296/0001213900-23-085296-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1605888/000121390023085296/ea188009-8k_seqllinc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T06:43:50.358408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8a850f6e93cb96dc3f24b08b5da2634c99ef76c1","claim":"ATLANTIC INTERNATIONAL CORP. amended Amendment with SeqLL, Inc.; SeqLL Merger LLC; Atlantic Merger LLC; Lyneer Investments, LLC; IDC Technologies, Inc.; Lyneer Management Holdings LLC (effective 2023-11-03).","evidence_excerpt":"On November 3, 2023, the Company entered into Amendment No. 4 to the Agreement and Plan of Reorganization (the \"Amendment\") with the other parties thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1605888/000121390023085296/0001213900-23-085296-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"SeqLL, Inc.; SeqLL Merger LLC; Atlantic Merger LLC; Lyneer Investments, LLC; IDC Technologies, Inc.; Lyneer Management Holdings LLC"},{"label":"Effective","value":"2023-11-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}