Company: ATLN
Filing Date: 2025-01-24
Form Type: 424B3
Source: 0001213900-25-006537
Chunk: 492

Company: ATLANTIC INTERNATIONAL CORP.
Filing Date: 2025-01-24
Form: 424B3
Chunk 492
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.90 |
| Implied Premiums at Low/ High estimated Company Share Price:  |  813.5% |  374.7% |

____________ 3To obtain high and low share price estimates for this part of our analysis, we selected the low indicated value estimate from each of our analyses (DCF, Guideline Public Companies, Guideline Precedent Transactions) for both the Company and Parent and calculated the median of the low and high value estimates.

| Summary and Opinion |

Annex B-29

SUMMARY AND OPINION Cornerstone Valuation was engaged by the Board of Directors of Staffing 360 Solutions, Inc (the “Company”) as its financial advisor to prepare an independent Fairness Opinion assessing the financial adequacy of the Merger Consideration in the contemplated Merger between the Company and Atlantic International Corp.(the “Parent”) to be received by the holders of shares of Company Common Stock entitled to receive such Merger Consideration. In the course of our analysis, we analyzed the current and historical stock prices of both the Company and Parent, and we conducted independent analysis, using generally accepted valuation practices, to estimate a price for one fully -diluted share of Company and Parent Common Stock. We then used the current market prices and our estimated fully -diluted share prices for Company and Parent Common Stock to estimate the dollar value of the Merger Consideration and the implied premium the estimated Merger Consideration represents relative to various estimates of a fully -diluted share of Company Stock. Based on our analysis, the estimated premiums range from a low of roughly 201% to a high of roughly 813%. Based on our analysis of the data provided to us, in our professional opinion, the Merger Consideration in the contemplated Merger between Staffing 360 Solutions, Inc. and Atlantic International Corp. is fair, from a financial point of view, to the holders of the shares of Staffing 360 Solutions, Inc. Common Stock as of the date of this analysis.

| Summary and Opinion |

Annex B-30

A nnex C Conversion agreement and Waiver January [•], 2025 Reference is made to that certain Third Amended and Restated Note Purchase Agreement, dated as of October 27, 2022, among Staffing 360 Solutions, Inc. (the “ Company ”), the subsidiary guarantors party thereto (the “ Guarantors ”) and Jackson Investment Group, LLC, as the purchaser (“ Jackson ”) (as