Highest-materiality recent filing
Commenced lawsuit against SPP Credit Advisors alleging coordinated attack to seize Lyneer subsidiaries based on fabricated default; seeks injunction to stop SPP from taking control actions.
Atlantic International raises $5.6M via Series B convertible preferred stock and warrants
Issued 5,600 Series B conv. pref. shares at stated value $1,070 each, raising $5.6M gross.
Atlantic International appoints Kevin J. Murphy as CFO with base salary $375,000
Kevin Murphy named CFO effective Jan 12, 2026; base salary $375K with annual bonus target of $200K.
Atlantic Int'l acquires Circle8, creating $1.2B global workforce platform
Acquired Circle8 Group for stock and convertible note; Circle8 generated $780M revenue in 2025.
All five director nominees elected: Jeffrey Jagid, Robert B. Machinist, Jeff Kurtz, David Solimine, David Pfeffer.
Atlantic International reduces stockholder meeting quorum to one-third voting power
Board approved amendment to Section 1.5 of Bylaws, lowering quorum from majority to 33 1/3% voting power.
CFO Christopher Broderick to retire Aug 15, 2025; forfeits 577,171 RSUs and no severance.
Atlantic International subsidiary secures $70M revolver; chairman resigns; IDC shares foreclosed
Lyneer Staffing entered $70M senior secured revolver with North Mill Capital (SLR Business Credit), replacing BMO facility; interest Prime+1% (min 5.75%), matures April 29, 2028.
On Feb 26, 2025, Atlantic sent termination notice to STAF under the Merger Agreement dated Nov 1, 2024 as amended.
On April 29, 2025, in consideration of the Loan Agreement (as defined in Item 2.03 below), and at the request of the Board of Directors, Prateek Gattani resigned as Chairman of the Board of directors of the Company, effective on the Restatement Closing Date (as defined under the Loan Agreement).
Max materiality 0.90 · Median 0.60 · Most common event other_material