Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 321

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 321
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 material issues raised by the most recent internal quality control review, or peer review, of the independent auditors and all relationships between the independent auditor and Pubco;

● reviewing responsibilities, budget, compensation and staffing of Pubco’s internal audit function;

● reviewing with the independent auditor any audit problems or difficulties and management’s response;

● reviewing and, if material, approving all related party transactions on an ongoing basis;

● reviewing and discussing the annual audited financial statements with management and the independent auditor;

● reviewing and discussing with management and the independent auditors major issues regarding accounting principles and financial statement presentations;

● reviewing reports prepared by management or the independent auditors relating to significant financial reporting issues and judgments;

● discussing earnings press releases with management, as well as financial information and earnings guidance provided to analysts and rating agencies;

● reviewing with management and the independent auditors the effect of regulatory and accounting initiatives, as well as off-balance sheet structures, on Pubco’s financial statements;

● discussing policies with respect to risk assessment and risk management with management and internal auditors;

● timely reviewing reports from the independent auditor regarding all critical accounting policies and practices to be used by Pubco;

● establishing procedures for the receipt, retention and treatment of complaints received from Pubco’s employees regarding accounting, internal accounting controls or auditing matters and the confidential, anonymous submission by Pubco’s employees of concerns regarding questionable accounting or auditing matters;

● such other matters that are specifically delegated to Pubco’s audit committee by Pubco’s board of directors from time to time; and

● meeting separately, periodically, with management, internal auditors and the independent auditor.

Compensation Committee

The Pubco compensation committee will initially consist of Raymond (Yong) Xia, Li Peng Hsin and Lei Yiyi. Lei Yiyi will be the chairperson of the compensation committee. Each of Raymond (Yong) Xia, Li Peng Hsin and Lei Yiyi satisfies the independence requirements under Rule 5605(a)(2) of the Nasdaq Stock Market Rules.

Pubco’s compensation committee will be responsible for, among other things:

● reviewing, evaluating and, if necessary, revising Pubco’s overall compensation policies;

● reviewing and evaluating the performance of Pubco’s directors and relevant executive officers and determining the compensation of relevant executive officers;

● reviewing and approving Pubco’s executive officers’ employment agreements with Pubco;

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● setting performance targets for relevant executive officers with respect to Pubco’s incentive compensation plan and equity-based compensation plans;

● administering