---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-018768"
form_type: "8-K"
ticker: "ATLN"
cik: "0001605888"
company_name: "ATLANTIC INTERNATIONAL CORP."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T23:20:47.394379+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Atlantic International terminates merger with Staffing 360 Solutions due to material breach of IRS settlement condition

## Summary
- On Feb 26, 2025, Atlantic sent termination notice to STAF under the Merger Agreement dated Nov 1, 2024 as amended.
- STAF breached Section 3.2(e) by entering IRS settlement terms not mutually agreeable to Atlantic, which could not be cured.
- STAF also failed to operate in ordinary course and maintain business relations, violating Section 4.2 of the agreement.
- Termination is effective immediately; no material termination penalties incurred by Atlantic.

## SEC filing metadata
- accession: 0001213900-25-018768
- form_type: 8-K
- ticker: ATLN
- cik: 0001605888
- company_name: ATLANTIC INTERNATIONAL CORP.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605888/000121390025018768/0001213900-25-018768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605888/000121390025018768/ea0232636-8k_atlantic.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-018768
- JSON: https://secwatch.observer/filing/0001213900-25-018768.json
- Plain text: https://secwatch.observer/filing/0001213900-25-018768.txt

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