Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 129

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 129
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 securities.

Furthermore, it is possible that, had HCYC’s independent registered public accounting firm conducted an audit of its internal control over financial reporting, such accountant might have identified additional material weaknesses and deficiencies. Upon completion of this Business Combination, HCYC will become a wholly-owned subsidiary of Pubco. Pubco will be subject to the Sarbanes-Oxley Act of 2002, and the Section 404 of the Sarbanes-Oxley Act, or Section 404, will require that the Pubco include a report from management on the effectiveness of its internal control over financial reporting in its annual report on Form 20-F beginning with annual report for the fiscal year ending March 31, 2025. In addition, once HCYC ceases to be an “emerging growth company” as such term is defined in the JOBS Act, its independent registered public accounting firm must attest to and report on the effectiveness of its internal control over financial reporting. HCYC’s management may conclude that its internal control over financial reporting is not effective. Moreover, even if HCYC’s management concludes that its internal control over financial reporting is effective, HCYC’s independent registered public accounting firm, after conducting its own independent testing, may issue a report that is qualified if it is not satisfied with HCYC’s internal controls or the level at which HCYC’s controls are documented, designed, operated or reviewed, or if it interprets the relevant requirements differently from HCYC. In addition, the reporting obligations may place a significant strain on HCYC’s management, operational and financial resources and systems for the foreseeable future. HCYC may be unable to timely complete our evaluation testing and any required remediation.

You should be aware that uncertainties are inherent in prospective financial projections of any kind, and such uncertainties increase with the passage of time. None of AlphaTime or HCYC or any of their respective affiliates, advisors, officers, directors, or representatives has made or makes any representation or can give any assurance to any AlphaTime shareholders, or any other person, regarding the ultimate performance of HCYC compared to the information set forth under “The Business Combination Proposal - Unaudited Prospective Financial Information of HCYC ” or that any such results will be achieved.

The inclusion of HCYC’s projections relating to its business in this proxy statement/prospectus should not be regarded as an indication that AlphaTime, HCYC or their respective advisors or other representatives considered or consider the projections to be