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NASDAQ: ATLN CIRCLE8 GROUP INC 8-K

Atlantic International regains Nasdaq compliance, reports record Q1 revenue of $249.9M

Filed June 25, 2026 · Period ending June 22, 2026 · ~1 min read

4 key changes 3 high relevance 5 sections

Key Changes

  • high

    Company regained Nasdaq compliance after filing delayed Q1 2026 10-Q on June 22, resolving listing deficiency under Rule 5250(c)(1) and eliminating delisting risk.

    Item 8.01 — Other Events verify on EDGAR →
  • high

    Q1 2026 revenue jumped 143% to $249.9M from $102.8M prior year, reflecting first contribution from Circle8 Group acquisition completed January 23, 2026; gross profit rose 92% to $21.4M.

    Exhibit 99.1 view on EDGAR →
  • high

    Circle8 Group won two major public sector contracts: a 4-year Dutch government ICT staffing agreement with minimum value of $52M and a separate 4-year framework valued at approximately $380M.

    Exhibit 99.2 view on EDGAR →
  • medium

    Combined operations now exceed $1.1B in annualized revenue across North America and Europe following Circle8 integration; company held $24.1M in cash as of March 31, 2026.

    Exhibit 99.1 view on EDGAR →

Summary

Atlantic International resolved a Nasdaq listing deficiency by filing its delayed Q1 2026 quarterly report on June 22, 2026. The exchange confirmed compliance with periodic filing requirements and closed the matter, removing a potential delisting risk that had hung over the stock. The delayed filing revealed strong operational momentum.

First quarter revenue of $249.9 million more than doubled from the prior year, driven by the January 23 acquisition of Circle8 Group, which contributed for the first time. The combined platform now generates over $1.1 billion in annualized revenue across North America and Europe.

Circle8 has secured over $430 million in recent public sector contract wins, including a $380 million framework agreement and a $52 million Dutch government ICT staffing contract, providing meaningful revenue visibility over the next four years. Retail holders should note the company is now current with reporting obligations and has demonstrated the Circle8 acquisition is delivering both scale and new business momentum. The integration is ongoing, and Q1 results include acquisition-related accounting and financing impacts that may affect near-term profitability metrics.

Section-by-Section Diff

Event · Exhibit 99.3

2 Added
Added Nasdaq compliance regained high

Added in current filing · view on EDGAR →

Atlantic International Corp (Nasdaq: ATLN) ("Atlantic" or the "Company"), a leading global provider of workforce solutions, today announced that it has received formal notification from The Nasdaq Stock Market confirming that the Company has regained compliance with Nasdaq Listing Rule 5250(c) (1) relating to the timely filing of periodic reports.

The company was previously non-compliant with Nasdaq's periodic-filing requirements but has now regained compliance after filing its Q1 2026 Form 10-Q. The notification from Nasdaq confirms the matter is closed and the company is current with quarterly reporting obligations. This resolves a potential delisting risk.

Added Q1 2026 revenue high

Added in current filing · view on EDGAR →

Atlantic recently reported record first quarter 2026 revenue of approximately $250 million and continues to operate a transatlantic workforce solutions platform with annualized revenue exceeding $1 billion.

The company disclosed record Q1 2026 revenue of approximately $250 million and noted its platform now generates over $1 billion in annualized revenue. The Q1 results included only partial contribution from the Circle8 Group acquisition, which closed January 23, 2026, excluding the first three weeks of January operations.

Event · Exhibit 99.2

3 Added
Added Dutch government ICT contract award high

Added in current filing · view on EDGAR →

Seven Stars B.V., a company within its Circle8 Group platform, has been awarded a four-year framework agreement by the Dutch Vehicle Authority (RDW) for the provision of specialized ICT (Information and Communications Technology) professionals.

Seven Stars secured the contract through a competitive procurement process involving sixteen participants. Based on the procurement documentation, the framework agreement represents a minimum contract value of approximately $52 million over its four-year term.

Atlantic International's Circle8 subsidiary won a competitive 4-year contract to provide ICT professionals to the Dutch Vehicle Authority, beating 15 other bidders. The contract has a minimum value of approximately $52 million. This follows a recently announced $380 million public sector contract, bringing Circle8's recent public sector wins to over $430 million in aggregate estimated value.

Added Circle8 platform scale medium

Added in current filing · view on EDGAR →

Following the acquisition of Circle8 Group earlier this year, Atlantic International operates a workforce solutions platform with annualized revenue exceeding $1.1 billion (unaudited) across North America and Europe.

The filing discloses that Atlantic International now operates a workforce solutions platform with annualized revenue exceeding $1.1 billion following its acquisition of Circle8 Group earlier in 2026. This provides context for the company's current scale and the significance of the new contract awards relative to the overall business.

Added Recent contract wins aggregate value high

Added in current filing · view on EDGAR →

Including the previously announced public sector award, Circle8 Group has announced public sector contract wins with an aggregate estimated value exceeding $430 million in recent weeks.

Circle8 Group has announced public sector contract wins totaling over $430 million in recent weeks, combining this $52 million Dutch contract with the previously announced $380 million award. This represents a significant pipeline of new business for the platform.

Event · Exhibit 99.1

3 Added
Added Q1 2026 earnings high

Added in current filing · view on EDGAR →

Revenue increased 143% to approximately $249.9 million, compared to $102.8 million in the prior year period. • Gross profit increased 92% to approximately $21.4 million, compared to $11.2 million in the prior year period. • Cash and cash equivalents of approximately $24.1 million as of March 31, 2026. • Combined operations now exceed $1.1 billion in annualized revenue, serving clients across North America and Europe.

Atlantic International reported first quarter 2026 revenue of $249.9 million, up 143% from $102.8 million in the prior year period, and gross profit of $21.4 million, up 92% from $11.2 million. The company ended the quarter with $24.1 million in cash and cash equivalents. Combined operations now exceed $1.1 billion in annualized revenue across North America and Europe.

Added Circle8 acquisition high

Added in current filing · view on EDGAR →

The quarter reflects the first contribution of Circle8 Group following the completion of the acquisition on January 23, 2026. The transaction meaningfully expanded Atlantic's geographic reach and operating scale, establishing the Company as a transatlantic workforce solutions platform.

Atlantic completed the acquisition of Circle8 Group on January 23, 2026, which contributed to Q1 2026 results for the first time. The acquisition expanded Atlantic's geographic reach and operating scale, establishing the company as a transatlantic workforce solutions platform serving clients across North America and Europe.

Added Integration and accounting impacts medium

Added in current filing · view on EDGAR →

The quarter also reflects the initial integration of Circle8 and includes acquisition-related accounting and financing impacts associated with the transaction.

The first quarter 2026 results include initial integration activities related to Circle8 as well as acquisition-related accounting and financing impacts. Management noted the focus is on disciplined integration, operational execution, and leveraging the expanded platform to capture growth opportunities.

Event · Item 8.01 — Other Events

~100 words

Item 8.01 — Other Events filed; see Key Changes for terms.

1 Added
Added Nasdaq compliance restored medium

Added in current filing · verify on EDGAR →

On June 23, 2026, Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that, based on the June 22, 2026 filing of the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2026, Nasdaq has determined that the Company is now in compliance with the Nasdaq’s Listing Rule 5250(c) (1) (the “Rule”) and that the matter is now closed.

The company received notification from Nasdaq that it has regained compliance with listing requirements after filing its delayed Q1 2026 quarterly report on June 22, 2026. The deficiency under Listing Rule 5250(c)(1), which governs timely filing of periodic reports, is now resolved and the matter is closed.

Event · Item 7.01 — Regulation FD Disclosure

~400 words

Atlantic International announced a four-year ICT staffing contract awarded to its Circle8 Group subsidiary by the Dutch Vehicle Authority.

1 Added
Added Circle8 Group contract award medium

Added in current filing · verify on EDGAR →

Seven Stars B.V., an entity within the Company’s Circle8 Group’s platform, has been awarded a four-year framework agreement by the Dutch Vehicle Authority for the provision of specialized ICT (Information & Communication Technology) professionals.

Atlantic International disclosed that its Circle8 Group subsidiary, Seven Stars B.V., secured a four-year framework agreement with the Dutch Vehicle Authority to provide specialized ICT professionals. The filing does not disclose contract value, revenue expectations, or other financial terms.

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