ATLANTIC INTERNATIONAL CORP. 8-K

What Happened

• Atlantic International Corp. filed an 8-K reporting several corporate changes effective June 29–30, 2026. The company amended its Delaware certificate of incorporation to change its name to Circle8 Group, Inc., effective upon filing on June 29, 2026. The board appointed Guus (Guss) Franke as Chief Executive Officer (while he will continue as Executive Chairman) and transitioned Jeffrey Jagid from CEO to President; Mr. Jagid will remain a director. The company issued a press release on June 30, 2026 (Exhibit 99.1) announcing these actions.

Key Details

• Name change effective: Certificate of Amendment filed June 29, 2026; new corporate name: Circle8 Group, Inc.
• Ticker: Common stock expected to begin trading under new ticker "CIRC" on Nasdaq on July 2, 2026, subject to Nasdaq approval; CUSIP will not change.
• Leadership: Guus Franke (age 50) appointed CEO; he has founded Axiom GmbH and Circle8 Group and has a background in M&A and investment platforms. Jeffrey Jagid moved from CEO to President and continues as a director.
• Employment agreement: The company entered into an amendment to Mr. Jagid’s employment agreement effective June 29, 2026 (filed as Exhibit 10.1).

Why It Matters

• Rebrand and ticker change: The legal name change and expected new ticker (CIRC) signal a corporate rebrand that investors will see in public markets and communications. There is no change to shareholders’ voting rights or the company’s outstanding shares, and the CUSIP remains the same.
• Leadership transition: Appointing a new CEO and moving the former CEO to President could indicate shifts in strategic direction or management responsibilities; investors should monitor further disclosures (earnings, strategy updates) for details.
• Governance and documentation: The changes are formalized in filings (8-K, Certificate of Amendment, employment amendment) and were executed without a stockholder vote under Delaware law.