Atlantic International Corp. Files 8-K
Ticker: SQLLW · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1605888
| Field | Detail |
|---|---|
| Company | Atlantic International Corp. (SQLLW) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $35 m, $40 m, $12 million, $2,455,180 b, $6.45 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, security-holder-rights, corporate-action
TL;DR
ATLANTIC INTERNATIONAL CORP. (AIIC) filed an 8-K on Sep 12, 2024, reporting material agreements and security holder changes.
AI Summary
Atlantic International Corp. filed an 8-K on September 16, 2024, reporting a material definitive agreement and modifications to security holder rights, with the earliest event reported on September 12, 2024. The company, formerly known as SeqLL, Inc., is incorporated in Delaware and headquartered in Englewood Cliffs, NJ.
Why It Matters
This filing indicates significant corporate actions or agreements that could impact the rights of Atlantic International Corp.'s shareholders.
Risk Assessment
Risk Level: low — The filing is a standard corporate disclosure and does not inherently present new risks without further context on the specific agreements.
Key Numbers
- 001-40760 — SEC File Number (Identifies the company's filing history with the SEC.)
- 46-5319744 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- ATLANTIC INTERNATIONAL CORP. (company) — Registrant
- SeqLL, Inc. (company) — Former Company Name
- September 12, 2024 (date) — Date of earliest event reported
- September 16, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- Englewood Cliffs, NJ (location) — Principal Executive Offices
FAQ
What specific material definitive agreement was entered into by Atlantic International Corp. on or around September 12, 2024?
The filing does not specify the details of the material definitive agreement, only that one was entered into.
What modifications were made to the rights of security holders?
The filing indicates material modifications to the rights of security holders, but the specific nature of these modifications is not detailed in the provided text.
When did Atlantic International Corp. change its name from SeqLL, Inc.?
The date of the name change from SeqLL, Inc. to Atlantic International Corp. was April 17, 2014.
Where are Atlantic International Corp.'s principal executive offices located?
The principal executive offices are located at 270 Sylvan Avenue, Suite 2230, Englewood Cliffs, NJ 07632.
What is the SIC code for Atlantic International Corp.?
The Standard Industrial Classification (SIC) code for Atlantic International Corp. is 7363, which falls under SERVICES-HELP SUPPLY SERVICES.
Filing Stats: 820 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-09-16 17:03:46
Key Financial Figures
- $35 m — r. The Note, in the principal amount of $35 million, was issued to IDC as part of the
- $40 m — any receives gross proceeds of at least $40 million, to March 31, 2026 or earlier upo
- $12 million — egacy Shareholders with an aggregate of $12 million of shares of Common Stock in lieu of a
- $2,455,180 b — 80,648 shares of Common Stock valued at $2,455,180 based on the current market value of $6.4
- $6.45 — 80 based on the current market value of $6.45 per share. Therefore, the Atlantic Boar
- $9,544,820 — 5 per share (with an aggregate value of $9,544,820) in full satisfaction of any claim a Le
Filing Documents
- ea0214681-8k_atlantic.htm (8-K) — 37KB
- ea021468101ex4-1_atlantic.htm (EX-4.1) — 8KB
- ea021468101ex10-1_atlantic.htm (EX-10.1) — 13KB
- 0001213900-24-079021.txt ( ) — 231KB
- atln-20240912.xsd (EX-101.SCH) — 3KB
- atln-20240912_lab.xml (EX-101.LAB) — 33KB
- atln-20240912_pre.xml (EX-101.PRE) — 22KB
- ea0214681-8k_atlantic_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 16, 2024 ATLANTIC INTERNATIONAL CORP. By: /s/ Jeffrey Jagid Jeffrey Jagid Chief Executive Officer 2