Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 217

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 217
---
 estate duty or inheritance 
 tax shall be payable:                                                                                                                 |

| (i)  | on                                                                                                                      
 or in respect of the shares, debentures or other obligations of PubCo; or                                               |
| (ii) | by                                                                                                                      
 way of the withholding in whole or part, of any relevant payment as defined in Section 6(3) of the Tax Concessions Law. |

These concessions shall be for a period of twenty years from the date of such undertaking.

The Cayman Islands currently levy no taxes on individuals or corporations based upon profits, income, gains or appreciations and there is no taxation in the nature of inheritance tax or estate duty. There are no other taxes likely to be material to PubCo levied by the Government of the Cayman Islands save certain stamp duties which may be applicable, from time to time, on certain instruments executed in or brought within the jurisdiction of the Cayman Islands.

| 118 |

Opinion of ATMC’s Company’s Financial Advisor

ATMC retained Newbridge to act as its financial advisor in connection with the Business Combination. Newbridge, as part of its investment banking business, is continually engaged in the valuation of businesses and their securities in connection with mergers and acquisitions, negotiated underwritings, secondary distributions of listed and unlisted securities, private placements and valuations for estate, corporate and other purposes. ATMC selected Newbridge to act as its financial advisor in connection with the Business Combination on the basis of Newbridge’s experience in similar transactions and its reputation in the investment community.

On January 7 th, 2024, at a meeting of the Board held to evaluate the Business Combination, Newbridge delivered to the ATMC Board an oral opinion, which was confirmed by delivery of a written opinion, dated January 8 th, 2024, to the effect that, as of the date of the opinion and based on and subject to various assumptions and limitations described in its written opinion, the Merger Consideration to be paid to the stockholders of HCYC, is fair, from a financial point of view, to ATMC’s shareholders.

The full text of Newbridge’s written opinion to the ATMC Board, which describes, among other things, the assumptions made, procedures followed, factors considered and limitations on the review undertaken, is attached as Annex Chereto and is incorporated by reference herein in its entirety. The following summary of Newbridge’s opinion is qualified in its entirety by reference to the full text of the opinion. Newbridge delivered