Company: ATLN
Filing Date: 2025-01-23
Form Type: S-4/A
Source: 0001213900-25-006032
Chunk: 480

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-23
Form: S-4/A
Chunk 480
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 publicly available business and financial information relating to the Company and the Parent that we deemed to be relevant, including publicly available research analysts’ estimates; (ii)Reviewed certain non -publichistorical financial statements and other non -publichistorical and operating data related to the Company and Parent, provided to us by the management of the Company. (iii)Reviewed certain non -publicprojected financial data relating to the Parent and Company, prepared by the Parent and provided to us by the management of the Company. (iv)Reviewed the reported prices and the historical trading activity of the Company and Parent common stock. (v)Compared the financial performance of the Company and its stock market trading multiples with those of other certain other publicly traded companies that we deemed relevant. (vi)Identified certain historical M&A transactions that we deemed relevant for the purpose of obtaining implied pricing multiples. ____________ 1In instances where our analyses require the market value of Parent Common Stock to analyze the fairness of the Merger Consideration, we use the October 25, 2024 closing stock price of one share of Parent Common Stock, $4.91.

(vii) Reviewed a draft of the Merger Agreement, provided to us by the management of the Company, on October 25, 2024. (viii) Performed analyses and examinations, consistent with generally accepted business valuation principles, as we deemed appropriate. For purposes of our analysis and opinion, we have assumed and relied upon, without undertaking any independent verification of, the accuracy and completeness of all the publicly available information, and all of the information supplied or otherwise made available to, discussed with, or reviewed by us, and we assume no liability therefor. With respect to the projected financial data relating to the Parent and Company referred to above, we have assumed that they have been reasonably prepared on bases reflecting the best currently available estimates and good faith judgements of the management of the Parent as to the future performance of the Parent and the Company. We express no view as to any projected financial data relating to the Company or Parent, or the assumptions upon which they are based. For purposes of rendering our opinion, we have assumed, in all respects material to our analysis, that the representations and warranties of each party contained in the Merger Agreement are true and correct, that each party will perform all of the covenants and agreements required to be performed by it under the Merger Agreement and that all conditions to the consummation of the Merger will be satisfied without material waiver or modification thereof