STAF - Mergers and acquisitions

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

Expands Offerings Nationwide With Enhanced Cutting-Edge Tools and Technologies NEW YORK, May 19, 2022 (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, announced today that it has completed the acquisition of Headway Workforce Solutions for up to approximately $14 million in a combination of stock and cash. $9 million was paid through issuance of shares of preferred stock that are convertible into approximately 3.5 million common shares, and up to $5 million cash through an earn-out. With a 35-year history and a na