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Combined annual revenue expected to be approximately $620 million Highly synergistic transaction expected to result in run-rate cost synergies/savings of approximately $10 million Atlantic CEO Jeffrey Jagid to remain Chief Executive Officer of combined company; Staffing 360 Solutions CEO Brendan Flood to serve as President of Staffing 360 Solutions Atlantic will acquire all outstanding shares of Staffing 360 Solutions in a transaction valued at approximately $25 million Atlantic International Corp. ("Atlantic") (OTC:ATLN), and Staffing 360 Solutions, Inc. ("Staffing 360") (NASDAQ:STAF), both leading providers of strategic outsourced services and workforce solutions, today announced
Common Stock Will Begin Trading on Split-Adjusted Basis on June 26, 2024 NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (NASDAQ:STAF) ("Staffing 360" or the "Company"), a company executing a buy-integrate-build strategy through the acquisition of staffing organizations in the United States, announced today that it intends to effect a reverse stock split of its common stock at a ratio of one (1) post-split share for every ten (10) pre-split shares. The reverse stock split will become effective at 4:05 p.m., New York time, on Tuesday, June 25, 2024. Staffing 360's common stock will continue to trade on the Nasdaq Capital Market under the symbol STAF, and will begin
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. ((STAF) ("Staffing 360" or the "Company"), a company executing a buy-integrate-build strategy through the acquisition of staffing organizations in the United States, today reported that it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q with the Securities and Exchange Commission ("SEC") for the period ended March 30, 2024. Pursuant to the letter, The Nasdaq Hearings Panel will consider
4 - Staffing 360 Solutions, Inc. (0001499717) (Issuer)
4 - Staffing 360 Solutions, Inc. (0001499717) (Issuer)
4 - Staffing 360 Solutions, Inc. (0001499717) (Issuer)
SC 13G/A - Staffing 360 Solutions, Inc. (0001499717) (Subject)
SC 13G - Staffing 360 Solutions, Inc. (0001499717) (Subject)
SC 13G/A - Staffing 360 Solutions, Inc. (0001499717) (Subject)
DEF 14A - Staffing 360 Solutions, Inc. (0001499717) (Filer)
10-Q - Staffing 360 Solutions, Inc. (0001499717) (Filer)
NT 10-Q - Staffing 360 Solutions, Inc. (0001499717) (Filer)
-- Revenue Growth Driven by Gains in U.S. Professional Staffing Business Stream -- -- On Track to Resolve Outstanding First Quarter Form 10-Q Filing:Plans to Provide Update on Filing of Second Quarter Form 10-Q in the Coming Weeks -- NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. ((STAF) ("Staffing 360 Solutions" or the "Company"), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today reported its first quarter 2023 financial results for the period ended April 1, 2023. The Company also believes that it is on track to file its outstanding first quarte
NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (NASDAQ:STAF) ("Staffing 360 Solutions" or the "Company"), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced that its Board of Directors (the "Board") has adopted a limited duration stockholder rights plan (the "Rights Plan"). The adoption of the Rights Plan is intended to protect the long-term interests of the Company and all of the Company's stockholders and enable them to realize the full potential value of their investment in the Company. The Rights Plan is designed to reduce the likeliho
NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. ((STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, today announced its Fiscal Year End 2022 financial results. YE 2022 Overview Revenue increased by 23.8% (26.7% in constant currency) to $244.9M compared with $197.7M in the prior year periodGross profit was $42.8M from $33.8M in the prior year period, or an increase of 26.3% (or 29.1% in constant currency)An impairment to Goodwill of $10M was booked at the year-end to recognize the performance of the stock priceOperating loss was ($13.46M), a
Combined annual revenue expected to be approximately $620 million Highly synergistic transaction expected to result in run-rate cost synergies/savings of approximately $10 million Atlantic CEO Jeffrey Jagid to remain Chief Executive Officer of combined company; Staffing 360 Solutions CEO Brendan Flood to serve as President of Staffing 360 Solutions Atlantic will acquire all outstanding shares of Staffing 360 Solutions in a transaction valued at approximately $25 million Atlantic International Corp. ("Atlantic") (OTC:ATLN), and Staffing 360 Solutions, Inc. ("Staffing 360") (NASDAQ:STAF), both leading providers of strategic outsourced services and workforce solutions, today announced
Shares of Comcast Corporation (NASDAQ:CMCSA) fell sharply during Tuesday's session after the company reported worse-than-expected second-quarter sales results. Comcast reported second-quarter revenue decline of 2.7% year-over-year to $29.69 billion, missing the analyst consensus estimate of $30.02 billion.The company reported adjusted EPS of $1.21, beating analyst consensus estimates of $1.12, according to data from Benzinga Pro. Comcast shares declined 6.1% to $37.12 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Azitra, Inc. (NYSE:AZTR) shares jumped 529% to $10.19 after the company announced that the U.S. Patent and Trademark Office grant
Staffing 360 Solutions's (NYSE:STAF) short percent of float has fallen 54.33% since its last report. The company recently reported that it has 27 thousand shares sold short, which is 5.22% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short