Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 491

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 491
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| Implied Premiums at market price of the Company as of Oct. 25, 2024 - $1.90 |  210.7% |

Implied Premiums at Estimated Values To further investigate the premiums to Company Common Stockholders that may result from the proposed Merger, we used the median of the selected low and high estimates of fully -dilutedCompany and Parent Common Stock 3from our analyses above. Doing so resulted in a low and high value estimate of one fully -dilutedshare of Company Common Stock of $0.73 and $1.58, respectively. Similarly, we obtained a low and high value estimate of one fully -dilutedshare of Parent Common Stock of $2.64 and $3.33, respectively. These ranges are represented by dashed vertical lines in charts above. After obtaining these low and high value estimates, we then calculated the implied premiums for the six combinations below: Low Estimated Company Share Price — Current Market Value of Parent Common Stock High Estimated Company Share Price — Current Market Value of Parent Common Stock Low Estimated Company Share Price — Low Estimated Value of Parent Common Stock Low Estimated Company Share Price — High Estimated Value of Parent Common Stock High Estimated Company Share Price — Low Estimated Value of Parent Common Stock High Estimated Company Share Price — High Estimated Value of Parent Common Stock The table below shows the results of this analysis. As can be seen from the table, the implied premiums range from a low of 201.2% to a high of 813.5%. Merger Consideration at Estimated Values

|                                                               |     Low |    High |
| Estimate Value of Parent Common Stock                         |   $2.64 |   $3.33 |
| Exchange Ratio                                                | 1.2021x | 1.2021x |
| Merger Consideration                                          |   $3.17 |   $4.00 |
| Implied Premiums at Low estimated Company Share Price: $.73   |  336.7% |  451.7% |
| Implied Premiums at High estimated Company Share Price: $1.58 |  201.2% |  254.1% |
| Market Price of Parent Stock as of Oct. 25, 2024              |   $4.91 |   $4.91 |
| Exchange Ratio                                                |  1.202x |  1.202x |
| Merger Consideration                                          |   $5.90 |   $5