STAF - merger arbitrage situation

Staffing 360 Solutions Inc. (STAF) is merging with Atlantic (ATLN). They put forward this merger on Nov 4th, 2024 and was expected to be completed within 90 days of date. Here is the interesting situation - it looks as if everything is proceeding swimmingly well with the merger so far and the end of the 90 day period is approaching in the next three weeks. Under the agreement - STAF shareholders would receive 1.2 of ATLN stock. STAF stock is currently trading at $2.6 at ATLN is at $4.41. Once the merger goes through, STAF stock will be exchanged to $4.41x1.2 = $5.29. That’s a touch over 100% profit for a relatively safe play. Do your own DD and let me know your thoughts. I am in for a few thousand myself. Cheers