Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1693

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1693
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You
should carefully consider the following risks and other information in this Form 10-K in evaluating us and our capital stock. Any of
the following risks, as well as additional risks and uncertainties not currently known to us or that we currently deem immaterial, could
materially and adversely affect our business, financial condition or results of operations, and could, in turn, impact the trading price
of our capital stock.

Risks
Related to our Search for, Consummation of, or Inability to Consummate, a Business Combination

We
are a blank check company formed as a Cayman Islands exempted company with no operating history and no revenues, and you have no basis
on which to evaluate our ability to achieve our business objective.

We
are a blank check company formed as a Cayman Islands exempted company with no operating results, and we did not commence operations until
obtaining funding through our Initial Public Offering. Because we lack an operating history, you have no basis upon which to evaluate
our ability to achieve our business objective of completing our initial business combination with one or more target businesses. We have
no plans, arrangements or understandings with any prospective target business concerning a Business Combination and may be unable to
complete our Business Combination. If we fail to complete our Business Combination, we will never generate any operating revenues.

Our
independent registered public accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about
our ability to continue as a “going concern.”

As
of December 31, 2024, we had a working capital deficiency of $3,314,762. Further, we expect to incur significant costs in pursuit of
our acquisition plans. Management’s plans to address this need for capital through our Initial Public Offering are discussed in
the section of this Form 10-K titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations.”
Our plans to raise capital and to consummate our initial business combination may not be successful. These factors, among others, raise
substantial doubt about our ability to continue as a going concern. The financial statements contained elsewhere in this Form 10-K do
not include any adjustments that might result from our inability to consummate our Initial Public Offering or our inability to continue
as a going concern.

Our
public shareholders may not be afforded an opportunity to vote on our proposed business combination, which means we may complete our
initial business combination even though a majority of our public shareholders do not support such a combination.

We
may