Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 384

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 4
Chunk 384
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holders’ (Deficit)/Equity
    F-5
  
    Statements of Cash Flows
    F-6
  
    Notes to the Financial Statements
    F-7

 F-1 

REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders

of AlphaTime
Acquisition Corp

Opinion on the Financial Statements

We have audited the accompanying balance
sheets of AlphaTime Acquisition Corp (the “Company”) as of December 31, 2024 and 2023, and the related statements of operations,
changes in shareholders’ (deficit)/equity, and cash flows for each of the years in the two-year period ended December 31, 2024,
and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present
fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations
and its cash flows for each of the years in the two-year period ended December 31, 2024, in conformity with accounting principles generally
accepted in the United States of America.

Substantial Doubt about the Company’s
Ability to Continue as a Going Concern

The accompanying financial statements
have been prepared to assume the Company will continue as a going concern. As discussed in Note 1 to the financial statements, the Company
has incurred and expects to continue to incur significant costs in pursuit of its acquisition plans
and the Company’s cash and working capital are not sufficient to complete its planned activities one year from the issuance
date of the financial statements. In addition, if the Company is unable to complete a business combination within one year from the issuance
date of the financial statements, there will be a liquidation and subsequent dissolution. These conditions raise substantial doubt about
the Company’s ability to continue as a going concern. Management’s evaluation of the events and conditions and plans regarding
these matters are also described in Note 1 to the financial statements. The financial statements do not include any adjustments that might
result from the outcome of this uncertainty. Our opinion is not modified with respect to that matter.

Basis for Opinion

These financial statements are the responsibility
of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our
audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States