• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D filed by ATN International Inc.

    5/7/24 4:03:10 PM ET
    $ATNI
    Telecommunications Equipment
    Telecommunications
    Get the next $ATNI alert in real time by email
    SC 13D 1 sc13d.htm
     
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D
     
    Under the Securities Exchange Act of 1934 (Amendment No.  )*
     
    ATN International, Inc.
    (Name of Issuer)

    Common Stock, par value $.01 per share
    (Title of Class of Securities)
     
    00215F 107
    (CUSIP Number)
     
    April 11, 2023
    (Date of Event which Requires Filing of this Statement)

     
    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ]

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


    1
    Name of Reporting Person.
     
    Cornelius B. Prior, Jr.
     
    2
    Check the Appropriate Box if a Member of a Group (See Instructions)

     
    (a)
    [ ]
     
     
    (b)
    [ ]
     
    3
    SEC Use Only
     
    4
    Source of Funds (See Instructions):
     
    PF
    5
    Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e): [ ]
     
    6
    Citizenship or Place of Organization.
     
    USA
    Number
    of Shares
    Beneficially
    Owned by
    Each Reporting
    Person With
    7
     
     
    Sole Voting Power
     
    4,184,230
         
    8
    Shared Voting Power
     
    366,924
     
         
    9
    Sole Dispositive Power
     
    4,184,230
     
         
    10
    Shared Dispositive Power
     
    366,924
     
    11
    Aggregate Amount Beneficially Owned by Each Reporting Person
     
    4,551,154 shares
     
    12
    Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ]
     
    13
    Percent of Class Represented by Amount in Row (11)
     
    29.4%
     
    14
    Type of Reporting Person (See Instructions)
     
    IN


    SCHEDULE 13D

    EXPLANATORY NOTE:
     
    Mr. Prior previously reported his beneficial ownership of the shares of Common Stock (as defined below) on a Schedule 13G, most recently amended on February 9, 2023, pursuant to the provisions of Rule 13d-1(d) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). This Statement on Schedule 13D (this “Schedule 13D”) is being filed because, effective April 11, 2023, Mr. Prior was appointed as trustee of the Prior Family Foundation (the “Foundation”) and, therefore, Mr. Prior is now deemed to beneficially own the shares owned by the Foundation. Because the Foundation holds shares of Common Stock exceeding 2% of the shares of Common Stock outstanding, Mr. Prior no longer qualifies to file on Schedule 13G pursuant to Rule 13d-1(d). Therefore, Mr. Prior is filing this Schedule 13D pursuant to Rule 13d-1(a) under the Act.

    Item 1. Security and Issuer
     
    This Schedule 13D relates to shares of common stock, par value .01 per share (the “Common Stock”) of ATN International, Inc., a Delaware corporation (the “Issuer” or the “Company”). The address of the principal executive offices of the Issuer is 500 Cummings Center, Beverly, MA 01915.

    Item 2. Identity and Background
     
    (a)  This Schedule 13D is being filed on Cornelius B. Prior, Jr. Mr. Prior disclaims beneficial ownership of the shares reported herein except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for any purpose.
     
    (b)  The business address of Mr. Prior is 5521 Curacao Gade, St. Thomas, Virgin Islands 00802.
     
    (c)  The principal occupation of Mr. Prior is retired.

    (d)  The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

    (e)  The Reporting Person has not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding neither was nor is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

    (f)  Mr. Prior is a citizen of the United States of America.

    Item 3. Source and Amount of Funds or Other Consideration
     
    All of the shares of Common Stock beneficially owned by Mr. Prior (“Directly Owned Shares”) were acquired (i) in connection with the founding of the Company, (ii) in connection with investing additional capital in the Company prior to its initial public offering, (iii) open market purchases. The source of the funds for the Directly Owned Shares was from personal funds. No part of the purchase price was borrowed for the purpose of acquiring such securities.

    All of the shares of Common Stock held by Tropical Aircraft Co. and the Foundation were acquired as a result of a gift or contribution from Mr. Prior. All of the shares of Common Stock held by Mrs. Prior were acquired through open market purchases.


    On April 11, 2023, Mr. Prior acquired beneficial ownership of the shares of Common Stock held by the Foundation as a result of his appointment as a trustee of the Foundation. No consideration was paid in connection with his appointment.

    Item 4. Purpose of Transaction
     
    The acquisition of beneficial ownership of the shares of Common Stock held by the Foundation was a result of Mr. Prior’s appointment as trustee of the Foundation.

    Except as described in this Schedule 13D, Mr. Prior does not have any present plans or proposals that relate to or would result in any of the actions described in Item 4 of this Schedule 13D, although, Mr. Prior, at any time and from time to time, may review, reconsider and change his position and/or change his purpose and/or develop such plans and may seek to influence management of the Issuer or the board of directors of the Issuer with respect to the business and affairs of the Issuer and may from time to time consider pursuing or proposing such matters with advisors, the Issuer or other persons.
     
    Item 5. Interest in Securities of the Issuer
     
    (a)  Mr. Prior is the beneficial owner of 4,551,154 shares of Common Stock, consisting of: 4,176,003 shares of Common Stock held directly by Mr. Prior, 8,227 shares of Common Stock held by Tropical Aircraft Co., of which Mr. Prior is the sole shareholder and President; 500 shares of Common Stock held by Gertrude J. Prior, Mr. Prior’s wife; and 366,424 shares of Common Stock held by the Prior Family Foundation, a charitable trust for which Mr. Prior serves as co-trustee.

    The percentage calculation herein is based upon the statement in the Issuer’s Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on March 15, 2024, that there were 15,481,207 shares of Common Stock of the Issuer outstanding as of March 15, 2024.

    (b)  Mr. Prior has sole power to vote or to direct the vote and to dispose or to direct the disposition with respect to 4,184,230 shares of Common Stock. Mr. Prior has shared power to vote or to direct the vote and to dispose or to direct the disposition with respect to 366,924 shares of Common Stock.
     
    (c)  Not applicable.
     
    (d)  Not applicable.
     
    (e)  Not applicable.

    Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
     
    To the best knowledge of Mr. Prior, there are no contracts, arrangements, understandings or relationships between Mr. Prior and any other person with respect to the securities of the Issuer.

    Item 7. Material to Be Filed as Exhibits
     
    Not applicable


    SIGNATURE
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
     
    Date:
    May 7, 2024



    /s/ Cornelius B. Prior, Jr.                                       
    Cornelius B. Prior, Jr.





    Get the next $ATNI alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $ATNI

    DatePrice TargetRatingAnalyst
    2/23/2024$39.00 → $40.00Outperform → Strong Buy
    Raymond James
    10/29/2021$54.00 → $49.00Outperform
    Raymond James
    More analyst ratings

    $ATNI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • ATN International upgraded by Raymond James with a new price target

      Raymond James upgraded ATN International from Outperform to Strong Buy and set a new price target of $40.00 from $39.00 previously

      2/23/24 6:53:46 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Raymond James reiterated coverage on ATN International with a new price target

      Raymond James reiterated coverage of ATN International with a rating of Outperform and set a new price target of $49.00 from $54.00 previously

      10/29/21 9:58:40 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Raymond James reiterated coverage on ATN International with a new price target

      Raymond James reiterated coverage of ATN International with a rating of Outperform and set a new price target of $53.00 from $57.00 previously

      3/8/21 8:24:24 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications

    $ATNI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • ATN Increases Dividend 15% as Part of Disciplined Capital Allocation Strategy

      BEVERLY, Mass., June 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has approved a quarterly dividend increase of 15% to $0.275 per share. The quarterly dividend will be payable on July 7, 2025, on all common shares outstanding to stockholders of record as of June 30, 2025. "The Board's decision to increase the dividend at this time reflects our confidence in the company's financial strength and future cash flow generation," said Brad Martin, ATN's Chief Executive Officer. "As we move forward, we remain focused on monetizing the investments made during our recent three-year strategic capital spending cycle, supported by ongoing c

      6/20/25 10:30:11 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Alaska Communications Welcomes Yasir Alvi as CFO

      Experienced financial executive joins leading broadband service provider Experienced financial leader Yasir Alvi will join Alaska Communications as chief financial officer beginning June 2, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250527081431/en/Photo courtesy of Yasir Alvi. Yasir started his career in software engineering at Microsoft Corporation, leading teams building commercial software for customers worldwide. This was followed by 15 years of progressive leadership roles in finance, including investment banking and M&A at Morgan Stanley, and FP&A at Alaska Airlines. Prior to joining Alaska Communications, Yasir

      5/27/25 12:00:00 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Alaska Communications and Slalom to Deliver Managed Cloud Solutions for Alaska Enterprises

      Options include AWS and Microsoft with artificial intelligence and data options As cloud use cases continue to expand, Alaska Communications is teaming up with industry leader Slalom to provide advanced cloud offerings for Alaska enterprises and government organizations. From enabling more efficient and sustainable exploration in the oil and gas industry to opening a world of real-time collaboration and learning opportunities in public education, managed cloud helps unlock innovation for Alaska. Alaska Communications and Slalom offer services through Amazon Web Services (AWS) and Microsoft platforms, which include: Planning and Migration - Evaluate cloud readiness. Plan and execute the

      5/8/25 4:54:00 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications

    $ATNI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Lenehan Pamela F was granted 8,632 shares, increasing direct ownership by 35% to 33,298 units (SEC Form 4)

      4 - ATN International, Inc. (0000879585) (Issuer)

      6/20/25 7:23:35 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Director Jacobs Patricia was granted 8,632 shares, increasing direct ownership by 96% to 17,670 units (SEC Form 4)

      4 - ATN International, Inc. (0000879585) (Issuer)

      6/20/25 7:22:14 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Director Bulkin Bernard J was granted 8,632 shares, increasing direct ownership by 36% to 32,429 units (SEC Form 4)

      4 - ATN International, Inc. (0000879585) (Issuer)

      6/20/25 7:21:02 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications

    $ATNI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Prior Michael T bought $198,800 worth of shares (10,000 units at $19.88), increasing direct ownership by 2% to 523,026 units (SEC Form 4)

      4 - ATN International, Inc. (0000879585) (Issuer)

      4/30/24 10:32:35 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Prior Michael T bought $311,100 worth of shares (10,000 units at $31.11), increasing direct ownership by 2% to 495,118 units (SEC Form 4)

      4 - ATN International, Inc. (0000879585) (Issuer)

      11/22/23 3:23:05 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Ganong Richard J bought $99,424 worth of shares (3,200 units at $31.07), increasing direct ownership by 21% to 18,229 units (SEC Form 4)

      4 - ATN International, Inc. (0000879585) (Issuer)

      11/21/23 3:42:16 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications

    $ATNI
    SEC Filings

    See more
    • ATN International Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - ATN International, Inc. (0000879585) (Filer)

      6/20/25 3:17:20 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • SEC Form 10-Q filed by ATN International Inc.

      10-Q - ATN International, Inc. (0000879585) (Filer)

      5/12/25 2:55:32 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • ATN International Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - ATN International, Inc. (0000879585) (Filer)

      4/30/25 8:12:29 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications

    $ATNI
    Leadership Updates

    Live Leadership Updates

    See more
    • Alaska Communications Announces Leadership Transition

      Paul Fenaroli Named Chief Executive Officer and Joins Board of Directors The Alaska Communications board of directors today announced the appointment of Paul Fenaroli as chief executive officer and a member of the board, effective January 6, 2025. "We are excited to welcome Paul Fenaroli as our new CEO," said Alaska Communications Chairman Brad Martin. "Paul brings a wealth of experience in corporate strategy, operational leadership, and a deep understanding of how to drive growth while maintaining a strong customer focus. His leadership will play a key role as we continue to build critical infrastructure and foster strong relationships in the Alaska market. We are confident that Paul w

      1/6/25 4:00:00 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Hexa Appoints Alaska Communications as Landing Party for MYUS Cable in Oregon

      Hexa Capital Consultancy PLT ("Hexa"), owner of the Malaysia-U.S. ("MYUS") cable based in Malaysia, appointed Alaska Communications as its U.S. Landing Party for the Malaysia-US (MYUS) cable. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240911461243/en/ The MYUS cable is being planned with a ready for service date of mid-2028 and will connect Malaysia and the U.S. directly for the first time with high-capacity fiberoptic connectivity, increasing access to reliable and affordable digital services across Southeast Asia. The cable backbone will extend between the Malaysian Peninsula near Mersing to the U.S territory of Guam and th

      9/11/24 11:00:00 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S

      6/7/24 6:09:00 PM ET
      $ADTN
      $ALTR
      $ATNI
      $BMRN
      Telecommunications Equipment
      Utilities
      Computer Software: Prepackaged Software
      Technology

    $ATNI
    Financials

    Live finance-specific insights

    See more
    • ATN Increases Dividend 15% as Part of Disciplined Capital Allocation Strategy

      BEVERLY, Mass., June 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (NASDAQ:ATNI) announced that its Board of Directors has approved a quarterly dividend increase of 15% to $0.275 per share. The quarterly dividend will be payable on July 7, 2025, on all common shares outstanding to stockholders of record as of June 30, 2025. "The Board's decision to increase the dividend at this time reflects our confidence in the company's financial strength and future cash flow generation," said Brad Martin, ATN's Chief Executive Officer. "As we move forward, we remain focused on monetizing the investments made during our recent three-year strategic capital spending cycle, supported by ongoing c

      6/20/25 10:30:11 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • ATN Reports First Quarter 2025 Results; Reaffirms 2025 Outlook

      First Quarter 2025 vs. First Quarter 2024 Financial Highlights Expanded high-speed broadband homes passed by 11%Grew total high-speed subscribers by 2%Revenues declined 4% to $179.3 millionOperating income decreased to $2.7 millionNet loss was $(8.9) million, or $(0.69) per shareAdjusted EBITDA1 increased 2% to $44.3 millionNet cash provided by operating activities increased 55% to $35.9 millionCapital expenditures were $20.8 million (net of $22.4 million reimbursements)Net Debt Ratio3 was 2.52x on March 31, 2025 Reaffirmed Outlook for Full Year 2025 Revenue, excluding construction revenue, is expected to be in line with last year's result of $725 millionAdjusted EBITDA2 is expected

      4/30/25 4:45:26 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • ATN to Host First Quarter 2025 Financial Results Conference Call on May 1, 2025

      BEVERLY, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. ("ATN" or the "Company") (NASDAQ:ATNI), a leading provider of digital infrastructure and communications services, announced today that it will release first quarter 2025 results on Wednesday, April 30, 2025, after market close. The Company will host a conference call to discuss its results at 10:00 a.m. ET on Thursday, May 1, 2025. Key details regarding the call are as follows: Call Date: Thursday, May 1, 2025 Call Time: 10:00 a.m. ET Webcast Link: https://edge.media-server.com/mmc/p/xdo8izcv Live Call Participant Link: https://register-conf.media-server.com/register/BId6b6354b10124b4fb2c1d82771c67755 Webcast Li

      4/16/25 4:00:07 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications

    $ATNI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by ATN International Inc.

      SC 13G/A - ATN International, Inc. (0000879585) (Subject)

      11/12/24 1:29:28 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SC 13G/A filed by ATN International Inc.

      SC 13G/A - ATN International, Inc. (0000879585) (Subject)

      11/8/24 1:19:49 PM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SC 13G/A filed by ATN International Inc.

      SC 13G/A - ATN International, Inc. (0000879585) (Subject)

      11/4/24 11:24:18 AM ET
      $ATNI
      Telecommunications Equipment
      Telecommunications