---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-003018"
form_type: "8-K"
ticker: "ATLN"
cik: "0001605888"
company_name: "ATLANTIC INTERNATIONAL CORP."
filed_at: "2025-01-13T23:59:59+00:00"
generated_at: "2026-05-28T03:22:30.691560+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Atlantic International amends Staffing 360 merger; eliminates cash, adds preferred stock conversion

## Summary
- Amendment removes cash consideration; all shares (common, Series H, Series I) convert into Atlantic common stock.
- Jackson Investment Group debt ($5.6M principal + accrued interest) converts into 5,600,000 shares of Series I Preferred.
- Earned Contingent Cash Payment converted into 5,000,000 Series H shares, then 3,500,000 Atlantic common shares with lock-up.
- Atlantic common shares outstanding increased from 50.1M to 57.3M; RSUs from 1.8M to 4.9M; total pro forma 62.2M shares.
- Termination deadline extended from Dec 31, 2024 to March 31, 2025; dissenters' rights eliminated.

## SEC filing metadata
- accession: 0001213900-25-003018
- form_type: 8-K
- ticker: ATLN
- cik: 0001605888
- company_name: ATLANTIC INTERNATIONAL CORP.
- filed_at: 2025-01-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605888/000121390025003018/0001213900-25-003018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605888/000121390025003018/ea0227522-8k_atlantic.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-003018
- JSON: https://secwatch.observer/filing/0001213900-25-003018.json
- Plain text: https://secwatch.observer/filing/0001213900-25-003018.txt

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