On March 20, 2026, Atlantic International Corp. announced the completion of a Securities Purchase Agreement with an institutional investor, resulting in the sale of 5,600 shares of newly established Series B 5% Convertible Preferred Stock for a total gross purchase price of $5,600,000. The preferred stock has a stated value of $1,070 per share, reflecting an original issue discount of 6.5%. Additionally, the agreement includes Preferred Stock Purchase Warrants allowing the purchase of an additional 5,600 shares of Preferred Stock. The net proceeds from this offering, amounting to approximately $5,565,000 after transaction expenses, are intended for working capital and general corporate purposes. This strategic move is expected to enhance the company's liquidity position and provide necessary funds for operational execution and future growth initiatives. The Preferred Stock ranks senior to the company's common stock regarding dividends and liquidation rights, which may positively influence investor sentiment and stock performance in the near term.

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