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According to a filing submitted to the U.S. Securities and Exchange Commission (SEC), Atlantic International Corp. has taken legal action seeking a court injunction to restrict Spp Company from taking any managerial actions against its Lyneer subsidiary.

According to a filing submitted to the U.S. Securities and Exchange Commission (SEC), Atlantic International Corp. has taken legal action seeking a court injunction to restrict Spp Company from taking any managerial actions against its Lyneer subsidiary.

老虎证券老虎证券2026/04/03 10:37
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This move highlights the significant differences that may exist between the two parties regarding the control of subsidiaries. Atlantic International Corp. seeks to temporarily freeze Spp's management intervention through legal means, in order to maintain the current operations of the Lyneer subsidiary. The subsequent developments of this legal motion will have a direct impact on the future management structure of the relevant subsidiary.
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