Staffing 360 Solutions, Inc.: Nasdaq/NYSE listing notice — Nasdaq decides to delist Staffing 360 Solutions; trading suspended Feb 13

Staffing 360 Solutions, Inc.

Received Nasdaq delisting decision on Feb 11, 2025; trading suspended from open on Feb 13.
Failed to meet minimum stockholders' equity requirement and missed Panel milestones from Oct 2024 decision.
Company has 15 days to request review by Nasdaq Listing and Hearing Review Council.
Special meeting adjourned to Feb 12, 2025, to seek more votes for merger with Atlantic International Corp.
Stockholders approved adjournment with 705,475 votes for, 7,128 against.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Staffing 360 Solutions, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

February 11, 2025, Staffing 360 Solutions, Inc. (the “ Company ”) received a letter (the “ Decision Letter ”) from the Nasdaq Stock Market LLC, stating that as the Company was unable to comply with the terms of the Octob

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Staffing 360 Solutions, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

s Department of the Nasdaq Stock Market (the “ Staff ”) indicating that it was no longer in compliance with the minimum stockholders’ equity requirement (the “ Minimum Stockholders’ Equity Requirement ”) for continued listing on the Nasdaq Capital Market (“ Nasdaq ”) pursuant to Nasdaq Listing Rule 5550(b)(1), which such rule requires listed companies to maintain stockholders’ equity of at least $2,500,000 or meet the alternative compliance standards relating to the market value of listed securities or net income from continuing operations, which the Company does not currently meet. On August

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Source: SEC EDGAR

accession 0001493152-25-006007

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