Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 133

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1C
Chunk 133
---
 presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

    /s/ UHY LLP

    We have served as the Company’s auditor since 2021.

    New York, New York

    April 15, 2025

 F-2 

ALPHATIME
ACQUISITION CORP

 BALANCE SHEETS

    December
    31, 2024  
    December
    31, 2023 
  
    Assets: 

    Current assets: 

    Cash 
    $1,425  
    $15,054 
  
    Prepaid
    expenses 
     15,313  
     43,052 
  
    Total
    current assets 
     16,738  
     58,106 

    Investment held in Trust
    Account 
     15,240,284  
     74,062,199 
  
    Total
    assets 
    $15,257,022  
     74,120,305 
  
    Liabilities and Shareholders’
    Deficit: 

    Current liabilities: 

    Accounts payable and accrued expenses 
    $1,500,701  
    $649,589 
  
    Promissory notes –
    related party 
     1,262,500  
     690,000 
  
    Due
    to related parties 
     568,299  
     199,318 
  
    Total
    current liabilities 
     3,331,500  
     1,538,907 
  
    Deferred underwriting
    commission 
     2,415,000  
     2,415,000 
  
    Total
    liabilities 
     5,746,500  
     3,953,907 
  
    Commitments and Contingencies 

    Temporary Equity: 

    Ordinary shares subject to possible redemption, 1,335,250 and 6,900,000
    shares at redemption value of $11.41 and $10.73 per share as of December 31, 2024 and December 31, 2023 respectively 
     15,240,284  
     74,062,199 

    Shareholders’ Deficit: 

    Preferred shares, $0.0001 par value; 1,000,000