Recent Updates — ATLN

Circle8 Group Inc.'s Lyneer Staffing Solutions, LLC received a notice of default from its professional employer organization, Employers Personnel, LLC, for alleged payment failures. Simultaneously, lenders SPP Credit Advisors, LLC and North Mill Capital LLC (d/b/a SLR Business Credit) issued notices of default under existing loan agreements. SLR intends to sell substantially all of Lyneer's assets under Article 9 of the Uniform Commercial Code on or after October 27, 2026. Circle8 disputes the validity of these actions and is in discussions with the lenders, who have reserved their rights but taken no further action at this time. The company operates in the staffing and professional employer organization industry.

Atlantic International Corp changed its name to Circle8 Group, Inc. and will begin trading under the new name and ticker symbol "CIRC" on July 2, 2026. Guus Franke, previously Executive Chairman, was appointed as Chief Executive Officer, while Jeffrey Jagid transitioned from CEO to President. Circle8 Group, Inc. operates in the digital economy investment and consultancy services sector.

Atlantic International Corp. reported first fiscal quarter revenue of $249.9 million for the period ended March 31, 2026. Additionally, Seven Stars B.V. within the Circle8 Group's platform has secured a four-year framework agreement with the Dutch Vehicle Authority for ICT professional services. Nasdaq has also notified the company to close the matter regarding its compliance with Listing Rule 5250(c)(1). Atlantic International Corp. operates in the professional services and ICT staffing industry.