Summary by Futu AI
Staffing 360 Solutions announced two significant events on December 27, 2024. The company entered into Amendment No. 34 to its Credit and Security Agreement with MidCap Funding IV Trust, extending the Commitment Expiry Date to December 27, 2024. This amendment, effective December 20, 2024, involves multiple subsidiaries as borrowers and modifies the original agreement dated April 8, 2015.On the same day, Staffing 360 Solutions held its 2024 Annual Meeting of Stockholders. Shareholders elected two Class II directors, Alicia Barker and Nicholas Florio, to serve until the 2026 Annual Meeting, and one Non-Classified director, Brendan Flood, to serve until the 2025 Annual Meeting. Additionally, stockholders ratified the appointment of RBSM LLP as the company's independent registered public accountant for the 2024 fiscal year.