Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1733

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1733
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 be made at the time of our initial business combination.

31

Our
officers and directors may allocate their time to other businesses and may become officers or directors of other special purpose acquisition
companies, thereby causing conflicts of interest in their determination as to how much time to devote to our affairs and whether to present
a target to us instead of our competitors. This conflict of interest could have a negative impact on our ability to complete our initial
business combination.

Our
officers and directors have fiduciary responsibility to dedicate substantially all their business time to their respective affairs and
their respective portfolio companies. However, this responsibility does not require any of our officers or directors to commit his or
her full time to our affairs in particular, which may result in a conflict of interest in allocating their time between our operations
and our search for a Business Combination and their other businesses, including other business endeavors for which he or she may be entitled
to substantial compensation. Furthermore, our officer and directors may become an officer or director of another special purpose acquisition
company with a class of securities registered under the Securities Exchange Act of 1934, as amended, or the Exchange Act even before
we enter a definitive agreement regarding our initial business combination. We do not intend to have any full-time employees prior to
the completion of our initial business combination. In addition, each of our officers and certain of our directors are employed by or
affiliated with our founders, which makes investments in securities or other interests of or relating to companies in industries we may
target for our initial business combination. Our independent directors also serve as officers or board members for other entities. If
our officers’ and directors’ other business affairs require them to devote substantial amounts of time to such affairs in
excess of their current commitment levels, it could limit their ability to devote time to our affairs; or if they have fiduciary duty
to present a target company to our competitor instead of us, which may have a negative impact on our ability to complete our initial
business combination.

Certain
of our officers and directors are now, and all of them may in the future become, affiliated with entities engaged in business activities
similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in allocating their time and determining
to which entity a particular business opportunity should be presented.

Following
the completion of our Initial Public Offering and until we consummate our initial business combination, we intend to engage in the business
of identifying and combining with one or