Atlantic International Corp. extends $35M note maturity to 2026; offers ~$9.5M in shares to SeqLL legacy holders

ATLANTIC INTERNATIONAL CORP.

Extended maturity of $35M convertible note from IDC Technologies to March 31, 2026 or earlier upon $40M capital raise.
Issuing up to 1,478,817 new shares at $6.45/share (~$9.5M aggregate) to SeqLL legacy shareholders as special dividend.
Current legacy SeqLL shareholders hold 380,648 shares valued at $2.5M at $6.45/share.
30-day offer period starting September 16, 2024 to satisfy any claims from legacy shareholders.

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