secwatch.observer — SEC 8-K summary
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Issuer:     ATLANTIC INTERNATIONAL CORP. (ATLN)
CIK:        0001605888
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001213900-24-033942
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeqLL amends merger agreement: changes consideration, extends deadline, swaps listing to Cboe
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- Lyneer Management removed as party; 100% of stock consideration now issuable to IDC.
- Cash consideration revised: $16.25M paid at closing for debt; $18.75M convertible note due July 31, 2024.
- Termination date extended from prior date to June 30, 2024.
- Closing condition changed from Nasdaq listing to listing on Cboe BZX Exchange.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605888/000121390024033942/0001213900-24-033942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605888/000121390024033942/ea0203770-8k_seqllinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-033942

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