Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 377

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 377
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212 | ) |     |                |  (568,749 | ) |     |                         | (7,330,400 | ) |     |                | (2,286,063 | ) |
| Income earned on Trust Account          |     |                         |  2,782,552 |   |     |                |         - |   |     |                         |  3,130,199 |   |     |                |          - |   |
| Accretion of temporary                  
 equity to redemption value              |     |                         |    550,000 |   |     |                |         - |   |     |                         |  8,427,382 |   |     |                |          - |   |
| Allocation of net income/(loss)         |     |                         |  2,067,340 |   |     |                |  (568,749 | ) |     |                         |  4,227,181 |   |     |                | (2,286,063 | ) |
| Denominators:                           |     |                         |            |   |     |                |           |   |     |                         |            |   |     |                |            |   |
| Weighted-average shares outstanding     |     |                         |  4,747,637 |   |     |                | 2,134,200 |   |     |                         |  6,830,959 |   |     |                |  2,130,307 |   |
| Basic and diluted net                   
 income/(loss) per share                 |     |                         |       0.44 |   |     |                |     (0.27 | ) |     |                         |       0.62 |   |     |                |      (1.07 | ) |

| F-14 |

Fair Value of Financial Instruments

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “ Fair Value Measurement,” approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.

Warrants

The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) ASC 480 “Distinguishing Liabilities from Equity” (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”).