---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-035026"
form_type: "8-K"
ticker: null
cik: "0001499717"
company_name: "Staffing 360 Solutions, Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:20:50.008032+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Staffing 360 Solutions adopts limited-duration stockholder rights plan (poison pill) effective immediately

## Summary
- Board declared dividend of one right per common share and 0.3889 right per Series H Preferred share; record date Oct 21, 2023.
- Rights become exercisable only if a person/group acquires 10% (20% for passive investors) voting power without Board approval.
- Upon triggering, each right (excluding acquirer) allows purchase of common stock with market value twice the $2.75 exercise price.
- Rights expire on Oct 2, 2026; plan lacks dead-hand, slow-hand limits.
- As of Oct 1, 2023: ~5.6M common shares and 9M Series H Preferred shares outstanding.

## SEC filing metadata
- accession: 0001493152-23-035026
- form_type: 8-K
- cik: 0001499717
- company_name: Staffing 360 Solutions, Inc.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499717/000149315223035026/0001493152-23-035026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499717/000149315223035026/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-035026
- JSON: https://secwatch.observer/filing/0001493152-23-035026.json
- Plain text: https://secwatch.observer/filing/0001493152-23-035026.txt

## Key facts
- Governance Changes
  Staffing 360 Solutions, Inc.: Adopted a Certificate of Designation of Series A Junior Participating Preferred Stock, filed with the Delaware Secretary of State on September 30, 2023 (effective 2023-09-30).
  - Change: charter amendment
  - Effective: 2023-09-30
  source text: In connection with the adoption of the Rights Agreement, the Company has adopted a Certificate of Designation of Series A Junior Participating Preferred Stock (the “Certificate of Designation”). The Certificate of Designation was filed with the Secretary of State of the State of Delaware on September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499717/000149315223035026/0001493152-23-035026-index.htm

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