Company: ATMCW
Filing Date: 2025-11-18
Form Type: 10-Q
Source: 0001493152-25-024097
Chunk: 5

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-18
Form: 10-Q
Item: Item 8
Chunk 5
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 as applicable, to January 4, 2025 by providing five days’ advance notice
to the trustee prior to the applicable Termination Date, or extended date, and depositing into the Trust Account $55,000 for each monthly
extension (the “Extension Payment”) until January 4, 2025 (assuming a business combination has not occurred) in exchange
for a non-interest bearing, unsecured promissory note payable upon the consummation of a business combination.

At
an extraordinary general meeting of shareholders held on December 20, 2024 (the “Second Meeting”), the Company adopted an
amendment to the Third Amended and Restated Memorandum and Articles of Association (the “Amendment”) reflecting the extension
of the date by which the Company must consummate a business combination from January 4, 2025 (the “Termination Date”) up
to nine (9) times, each comprised of one month each (each an “Extension”) up to October 4, 2025 (i.e., for a period of time
ending up to 33 months after the consummation of its Initial Public Offering for a total of nine (9) months after the Termination Date
(assuming a business combination has not occurred). The Company also entered into an amendment (the “Second Trust Agreement Amendment”)
to the Trust Agreement. Pursuant to the Second Trust Agreement Amendment, the Company has extended the date by which it has to complete
a business combination from the Termination Date up to nine (9) times, each comprised of one month each from the Termination Date, or
extended date, as applicable, to October 4, 2025 by providing five days’ advance notice to the trustee prior to the applicable
Termination Date, or extended date, and depositing into the Trust Account an Extension Payment of $55,000 per one-month extension until
October 4, 2025 (assuming a business combination has not occurred) in exchange for a non-interest bearing, unsecured promissory note
payable upon the consummation of a business combination.

On
January 4, 2024, the Company deposited $165,000 into the Trust Account to extend the deadline to complete the business combination from
January 4, 2024 to April 4, 2024. In connection with this extension, on December 28, 2023, the Company entered into a non-interest bearing
promissory note with