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Andrew Bressman, a Strategic Advisor to Atlantic International Corp. (ATLN), reports beneficial ownership of 6,503,971 shares, representing 11.1% of the company based on 58,375,488 shares outstanding as of August 11, 2025. His holdings arise from consideration under a June 4, 2024 merger agreement and a Consulting Agreement with SAB Management LLC: 2,436,000 shares issued in connection with the merger, 3,484,571 shares from RSUs exercised, and a board award of 1,000,000 shares on August 11, 2025. Mr. Bressman assigned 417,000 shares to his adult children and others as gifts and disclaimed beneficial ownership of those shares. He has sole voting and dispositive power over the reported shares and states he has no current plans to effect transactions or actions described in Item 4 of Schedule 13D.
Andrew Bressman, a Strategic Advisor to Atlantic International Corp. (ATLN), reports beneficial ownership of 6,503,971 shares, representing 11.1% of the company based on 58,375,488 shares outstanding as of August 11, 2025. His holdings arise from consideration under a June 4, 2024 merger agreement and a Consulting Agreement with SAB Management LLC: 2,436,000 shares issued in connection with the merger, 3,484,571 shares from RSUs exercised, and a board award of 1,000,000 shares on August 11, 2025. Mr. Bressman assigned 417,000 shares to his adult children and others as gifts and disclaimed beneficial ownership of those shares. He has sole voting and dispositive power over the reported shares and states he has no current plans to effect transactions or actions described in Item 4 of Schedule 13D.