---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-050391"
form_type: "8-K"
ticker: "ATLN"
cik: "0001605888"
company_name: "ATLANTIC INTERNATIONAL CORP."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:54:29.397408+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SeqLL amends merger to acquire Lyneer; removes exchange listing condition, replaces cash with note

## Summary
- Amended merger agreement removes conditions to close: no longer requires capital raise or listing on national exchange.
- Consideration: IDC gets 19.35M shares ($60M value) and a promissory note; Atlantic gets 13.87M shares ($43M value).
- If stock not listed on exchange by Sep 30, 2024, IDC receives additional $10M in SeqLL shares.
- Post-closing: renamed Atlantic International Corp., ticker ATLN; new CEO Jagid, COO/CFO Broderick.
- Legacy assets sold for $1,000 to entity of current CEO; cash retained for settlement offer.

## SEC filing metadata
- accession: 0001213900-24-050391
- form_type: 8-K
- ticker: ATLN
- cik: 0001605888
- company_name: ATLANTIC INTERNATIONAL CORP.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605888/000121390024050391/0001213900-24-050391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605888/000121390024050391/ea0207423-8k_seqllinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-050391
- JSON: https://secwatch.observer/filing/0001213900-24-050391.json
- Plain text: https://secwatch.observer/filing/0001213900-24-050391.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.