Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 322

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 322
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 Pubco’s equity-based compensation plans in accordance with the terms thereof; and

● such other matters that are specifically delegated to the compensation committee by Pubco’s board of directors from time to time.

Nominating and Corporate Governance Committee

The Pubco nominating and corporate governance committee will initially consist of Raymond (Yong) Xia, Li Peng Hsin and Lei Yiyi. Li Peng Hsin will be the chairperson of the nominating and corporate governance committee. Each of Raymond (Yong) Xia, Li Peng Hsin and Lei Yiyi satisfies the independence requirements under Rule 5605(a)(2) of the Nasdaq Stock Market Rules.

The Pubco nominating and corporate governance committee will be responsible for, among other things:

● selecting and recommending to Pubco’s board of directors nominees for election by the shareholders or appointment by the board;

● reviewing annually with Pubco’s board of directors the current composition of Pubco’s board of directors with regards to characteristics such as independence, knowledge, skills, experience and diversity;

● making recommendations on the frequency and structure of Pubco’s board of directors meetings and monitoring the functioning of the committees of Pubco’s board of directors; and

● advising Pubco’s board of directors periodically with regards to significant developments in the law and practice of corporate governance as well as Pubco’s compliance with applicable laws and regulations, and making recommendations to the board on all matters of corporate governance and on any remedial action to be taken.

Employment Agreements and Indemnification Agreements

We intend to enter into employment agreements and indemnification agreements with our officers and directors upon the consummation of our Business Combination.

Foreign Private Issuer Status

Pubco is an exempted company limited by shares incorporated under the laws of the Cayman Islands. After the consummation of the Business Combination, Pubco will report under the Exchange Act as a non-U.S. company with foreign private issuer status. Under Rule 405 of the Securities Act, the determination of foreign private issuer status is made annually on the last business day of an issuer’s most recently completed second fiscal quarter. For so long as Pubco qualifies as a foreign private issuer, it will be exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic public companies, including:

● the rules under the Exchange Act requiring the filing of quarterly reports on Form 10-Q or current reports on Form 8-K with the SEC;

● the sections of the Exchange Act regulating the solicitation of proxies