Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 349

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 349
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 of any shares of any class by PubCo.
The rights of the holders of shares shall not be deemed to be varied by the creation or issue of shares with preferred or other rights
including, without limitation, the creation of shares with enhanced or weighted voting rights.

| 193 |

Issuance of Additional Shares. Amended PubCo Articles authorizes PubCo board of directors to issue additional ordinary shares from
time to time as PubCo board of directors shall determine, to the extent of available authorized but unissued shares.

Amended
PubCo Articles also authorizes PubCo board of directors to establish from time to time one or more series of preferred shares and to
determine, with respect to any series of preferred shares, the terms and rights of that series, including:

| ● | the                                                                                       
 designation of the series;                                                                |
| ● | the                                                                                       
 number of shares of the series;                                                           |
| ● | the                                                                                       
 dividend rights, dividend rights, conversion rights, voting rights;                       |
| ● | the                                                                                       
 rights and terms of redemption and liquidation preferences; and                           |
| ● | any                                                                                       
 other powers, preferences and relative, participating, optional and other special rights. |

PubCo
board of directors may issue preferred shares without action by PubCo shareholders to the extent authorized but unissued. Issuance of
these shares may dilute the voting power of holders of ordinary shares.

Books of Account. Holders of PubCo ordinary shares will have no general right under Cayman Islands law to inspect or obtain copies
of PubCo’s corporate records (other than PubCo’s memorandum and articles of association, special resolutions, and PubCo’s
register of mortgages and charges). However, we will provide PubCo shareholders with annual audited financial statements.

Anti-Takeover Provisions. Some provisions of Amended PubCo Articles may discourage, delay or prevent a change of control of PubCo or management
that shareholders may consider favorable, including provisions that:

| ● | authorize                                                                                                                            
 PubCo board of directors to issue preferred shares in one or more series and to designate the price, rights, preferences, privileges 
 and restrictions of such preferred shares without any further vote or action by PubCo shareholders; and                              |
| ● | limit                                                                                                                                
 the ability of shareholders to requisition and convene general meetings of shareholders.                                             |

However, under Cayman Islands
law, PubCo directors may only exercise the rights and powers granted to them under Amended PubCo Articles for a proper