Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 44

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 44
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725,000 ATMC Ordinary Shares currently owned by the Sponsor, and such securities are expected to have a significantly higher value after the Business Combination. As of August 15, 2025, the most recent practicable date prior to the date of this proxy statement/prospectus, the aggregate market value of these shares, if unrestricted and freely tradable, would be $20,579,250, based upon a closing price of $11.93 per public share on Nasdaq (and will have zero value if neither the Business Combination nor any other business combination is completed on or before the Final Redemption Date);

● the fact that the Sponsor paid $4,092,000 to purchase an aggregate of 409,200 Private Placement Units at a price of $10.00 per Private Placement Unit, each unit consisting of (i) one ATMC Ordinary Share, (ii) one Private Warrant, exercisable to purchase one ATMC Ordinary Share at $11.50, subject to adjustment, and (iii) one Private Right, exchangeable for 1/10 of one ATMC Ordinary Share, and those units and their component securities would be worthless-and the entire $4,092,000 investment would be lost-if a business combination is not consummated by January 4, 2026.

● the fact that given the very low purchase price (of approximately $25,000 in aggregate) that the Sponsor paid for the ATMC Ordinary Shares as compared to the price of the ATMC Ordinary Shares sold in AlphaTime’s initial public offering, the Sponsor may earn a positive rate of return on its investment even if the PubCo Ordinary Shares trade below the price initially paid for the ATMC Ordinary Shares in the AlphaTime initial public offering and the AlphaTime public shareholders experience a negative rate of return following the completion of the Business Combination;

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● the fact that if the Business Combination or another business combination is not consummated by the Final Redemption Date, AlphaTime will cease all operations except for the purpose of winding up, redeeming 100% of the outstanding ATMC Ordinary Shares for cash and liquidating. In such event, the ATMC Ordinary Shares held by the Sponsor and AlphaTime’s directors and officers, which were acquired for an aggregate purchase price of approximately $25,000 prior to the initial public offering, would be worthless because the Sponsor and all of the current members of the board of directors of AlphaTime have agreed to waive their rights to liquidating distributions from the Trust Account with respect to any AT