Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 565

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 565
---
 preferred shares of par value of US$0.0001 each and 200,000,000 ordinary 
 shares of par value of US$0.0001 each, of which […] preferred shares and [… ]                   
 ordinary shares are in issue and outstanding as at the date hereof.                             |

| 5.2 | Immediately                                                                                   
 prior to the Effective Time, the authorised share capital of the Merging Company is US$50,000 
 divided into 50,000 ordinary shares of par value of US$1.00 each, and one (1) ordinary share  
 was in issue and outstanding as at the date hereof.                                           |

| 5.3 | On                                                                                          
 the Effective Time, the authorised share capital of the Surviving Company will be US$50,000 
 divided into 50,000 ordinary shares of par value of US$1.00 each.                           |

| 6 | Effective Time |

| 6.1 | In                                                                                          
 accordance with section 233(13) of the Companies Act, the Merger shall take effect on [the  
 date this Plan of Merger is registered by the Registrar of Companies of the Cayman Islands] 
 (the Effective Time).                                                                       |

| D-2 |

| 7 | Terms of Merger |

| 7.1 | The                                                                                        
 terms and conditions of the Merger, including the manner and basis of converting shares in 
 each Constituent Company into shares in the Surviving Company or other property, are set   
 out in the Merger Agreement. In particular, at the Effective Time, and in accordance with  
 the terms and conditions of the Merger:                                                    |

| (a) | each                                                                                           
 SPAC Unit issued and outstanding immediately prior to the Effective Time shall automatically   
 be detached and the holder thereof shall be deemed to hold such number of SPAC Ordinary Shares 
 and SPAC Rights  in accordance with the terms of the applicable SPAC Unit;                     |

| (b) | immediately                                                                                     
 subsequent to the detachment of the SPAC Units as set forth in section 4.1(a) of the Merger     
 Agreement, pursuant to the terms and conditions of the SPAC Rights, each SPAC Right outstanding 
 immediately prior to the Effective Time (and immediately subsequent to the detachment of        
 the SPAC Units as set forth in section 4.1(a) of the Merger Agreement) shall be cancelled       
 and cease to exist in exchange for the right to receive, without interest, one-tenth (