Item 1.01 Entry Into a Material Definitive Agreement.

Amendments to Credit Agreement

On October 20, 2022, Staffing 360 Solutions, Inc. (the "Company") and certain of its domestic subsidiaries entered into an amendment ("Amendment No. 26") to the Credit and Security Agreement, dated as of April 8, 2015 (as amended, the "Credit Agreement") with MidCap Funding X Trust. Amendment No. 26 extends the Commitment Expiry Date, as defined in the Credit Agreement, to October 27, 2022. The foregoing description of Amendment No. 26 does not purport to be complete and is qualified in its entirety by reference to the full text of Amendment No. 26, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.





Limited Consent



On October 21, 2022, the Company entered into a limited consent (the "Limited Consent") to the Second Amended and Restated Note Purchase Agreement, dated as of October 26, 2020 (the "Note Purchase Agreement"), with Jackson Investment Group, LLC. The Limited Consent extends the existing maturity date of the Amended and Restated Senior Secured 12% Promissory Note, dated as of October 26, 2020, from October 21, 2022 to October 28, 2022. The foregoing description of the Limited Consent does not purport to be complete and is qualified in its entirety by reference to the full text of the Limited Consent, a copy of which is attached hereto as Exhibit 10.2 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits.




Exhibit No.   Description
10.1            Amendment No. 26 to the Credit and Security Agreement, dated
              October 20, 2022
10.2            Limited Consent to Second Amended and Restated Note Purchase
              Agreement, dated October 21, 2022
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)

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