Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1567

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 1567
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 through acquisition of equity interest or assets of other business operators; and (3) gaining control over
other business operators through exerting influence on other business operators through contracts or other means. In 2009, the Ministry
of Commerce, to which the Antitrust Commission is affiliated, promulgated the Measures for Filing of Concentration of Business Operators
(amended by the Guidelines for Filing of Concentration of Business Operators in 2014), which set forth the criteria of concentration
and the requirement of miscellaneous documents for the purpose of filing. The business combination we contemplate may be considered the
concentration of business operators, and to the extent required by the Antitrust Law and the criteria established by the State Council,
we must file with the antitrust authority under the PRC State Council prior to conducting the contemplated business combination. If the
antitrust authority decides not to further investigate whether the contemplated business combination has the effect of precluding or
impeding competition or fails to make a decision within 30 days from receipt of relevant materials, we may proceed to consummate the
contemplated business combination. If antitrust authority decides to prohibit the contemplated business combination after further investigation,
we must terminate such business combination and would then be forced to either attempt to complete a new business combination or we would
be required to return any amounts which were held in the Trust Account to our shareholders. When we evaluate a potential business combination,
we will consider the need to comply with the Antitrust Law and other relevant regulations which may limit our ability to effect an acquisition
or may result in our modifying or not pursuing a particular transaction. Since our Business Combination period is within 24 months from
the closing of our Initial Public Offering, or if we decide to extend the period of time to consummate our Business Combination, within
33 months from the closing of our Initial Public Offering (as further described in this Form 10-K), and the approval process may take
a period longer than we expect before we enter into a definitive agreement with a target company, we may be unable to complete a Business Combination within 24 months from the closing of our Initial Public Offering, or if we decide to extend the period of time to consummate
our Business Combination, within 33 months from the closing of our Initial Public Offering (as further described in this Form 10-K).

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Exchange
controls that exist in the PRC may restrict or prevent us from using the proceeds of our Initial Public Offering to acquire a target
company in PRC and limit