Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1014

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 9C
Chunk 1014
---
 his or her time among various business activities.

    ●
    Our
    officers may become an officer or director of any other SPACs even before we enter into a definitive agreement regarding our initial
    business combination or we have failed to complete our initial business combination within 24 months from the closing of our Initial
    Public Offering (or up to 33 months, if we extend the time to complete a Business Combination); as a result, our officers or directors
    may present a potential target to our competitor that would had been presented to us or devote time to our affairs which may have
    a negative impact on our ability to complete our initial business combination.

    ●
    In
    the course of their other business activities, our officers and directors may become aware of investment and business opportunities
    which may be appropriate for presentation to us as well as the other entities with which they are affiliated. Our management may
    have conflicts of interest in determining to which entity a particular business opportunity should be presented.

    ●
    Our
    Initial Shareholders have agreed to waive their redemption rights with respect to any Founder Shares, private shares and any Public
    Shares held by them in connection with the consummation of our initial business combination. Additionally, our Initial Shareholders
    have agreed to waive their redemption rights with respect to any Founder Shares and private shares held by them if we fail to consummate
    our initial business combination within 24 months from the closing of our Initial Public Offering (or up to 33 months, if we extend
    the time to complete a Business Combination). If we do not complete our initial business combination within such applicable time
    period, the proceeds of the sale of the Private Placement Units held in the Trust Account will be used to fund the redemption of
    our Public Shares, and the Private Placement Units and underlying securities will be worthless. With certain limited exceptions,
    50% of the Founder Shares and Private Placement Units (and underlying securities) will not be transferable, assignable by our founders
    until the earlier to occur of: (A) six months after the date of the consummation of our initial business combination, or (B) the
    date on which the closing price of our Ordinary Shares equals or exceeds $12.50 per share (as adjusted for share splits, share dividends,
    reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after our initial business
    combination