Staffing 360 Solutions To Hold Its 2022 Annual Stockholder Meeting Friday, December 30, 2022 at 10:00AM ET
Staffing 360 Solutions (NASDAQ: STAF) will hold its Annual Meeting of Stockholders on December 30, 2022, at 10:00 a.m. ET, in a virtual format. Stockholders of record as of November 23, 2022, can participate by voting and submitting questions online. Access is available at www.virtualshareholdermeeting.com/STAF2022. The company is focused on an international buy-integrate-build strategy to acquire staffing organizations in the U.S. and U.K., targeting various industries for consolidation opportunities.
- Company is executing a buy-integrate-build strategy to expand staffing operations.
- Focus on accretive acquisitions in diverse sectors such as finance, IT, and engineering.
- Company faces risks related to retaining its Nasdaq listing.
- Potential impacts from COVID-19 on business operations and capital raising efforts.
- Financial uncertainties due to economic conditions and customer capital spending.
NEW YORK, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an international buy-integrate-build strategy through the acquisition of staffing organizations in the United States and the United Kingdom, will hold its Annual Meeting of Stockholders virtually at 10:00 a.m. ET on Friday, December 30, 2022.
The Annual Meeting will be conducted in a virtual format, which stockholders can access at www.virtualshareholdermeeting.com/STAF2022.
Stockholders will not be able to attend the Annual Meeting in person; however, stockholders of record as of November 23, 2022, the record date, will be able to vote and submit questions electronically prior to the Annual Meeting by visiting www.proxyvote.com, and during the Annual Meeting by visiting www.virtualshareholdermeeting.com/STAF2022. Stockholders will also be able to dial-in via telephone to ask questions during the Annual Meeting. Specific instructions for accessing the meeting are provided in the notice, proxy card or voting instruction form received by stockholders. If stockholders encounter any difficulties accessing the virtual Annual Meeting, please call the technical support number available on the virtual meeting page on the morning of the Annual Meeting.
If stockholders plan to attend the virtual Annual Meeting, they will need the 16-digit control number included on their proxy card or on the instructions that accompany the proxy materials. The Annual Meeting will begin promptly at 10:00 a.m., New York time. Online check-in will begin at 9:45 a.m., New York time, and stockholders should allow ample time for the online check-in procedures.
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. is engaged in the execution of an international buy-integrate-build strategy through the acquisition of domestic and international staffing organizations in the United States and United Kingdom. The Company believes that the staffing industry offers opportunities for accretive acquisitions and as part of its targeted consolidation model, is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT, and light industrial staffing space. For more information, visit http://www.staffing360solutions.com. Follow Staffing 360 Solutions on Facebook, LinkedIn and Twitter.
Forward-Looking Statements
This press release contains forward-looking statements, which may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project" or words of similar meaning. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified; consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, our ability to retain our listing on the Nasdaq Capital Market; market and other conditions; the geographic, social and economic impact of COVID-19 on the Company’s ability to conduct its business and raise capital in the future when needed; weakness in general economic conditions and levels of capital spending by customers in the industries the Company serves; weakness or volatility in the financial and capital markets, which may result in the postponement or cancellation of customer capital projects or the inability of the Company’s customers to pay the Company’s fees; the termination of a major customer contract or project; delays or reductions in U.S. government spending; credit risks associated with the Company’s customers; competitive market pressures; the availability and cost of qualified labor; the Company’s level of success in attracting, training and retaining qualified management personnel and other staff employees; changes in tax laws and other government regulations, including the impact of health care reform laws and regulations; the possibility of incurring liability for the Company’s business activities, including, but not limited to, the activities of the Company’s temporary employees; the Company’s performance on customer contracts; negative outcome of pending and future claims and litigation; government policies, legislation or judicial decisions adverse to the Company’s businesses; the Company’s ability to access the capital markets by pursuing additional debt and equity financing to fund its business plan and expenses on terms acceptable to the Company or at all; and the Company’s ability to comply with its contractual covenants, including in respect of its debt agreements, as well as various additional risks, many of which are now unknown and generally out of the Company’s control, and which are detailed from time to time in reports filed by the Company with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law.
Investor Relations Contact:
Matt Blazei
CoreIR
(516) 386-0430
mattb@coreir.com
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