Company: ATMCW
Filing Date: 2025-09-09
Form Type: DEF 14A
Source: 0001493152-25-012831
Chunk: 43

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-09-09
Form: DEF 14A
Chunk 43
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 these interests into account in deciding whether to approve a Business Combination. These interests include, among other things:

| ● | If                                                                                                                                          
 the Extension Amendment Proposal and the Trust Agreement Amendment Proposal are not approved and a Business Combination is not consummated  
 by the Termination Date, or such later date that may be approved by AlphaTime shareholders, AlphaTime will cease all operations except      
 for the purpose of winding up, redeeming 100% of the outstanding AlphaTime Public Shares for cash and, subject to the approval of           
 its remaining shareholders and the Board, dissolving and liquidating. In such event, the Founder Shares held by the Sponsor and AlphaTime’s 
 directors and officers, which were acquired for an aggregate purchase price of $25,000 prior to the IPO, or approximately $0.017            
 per share, would be worthless because the holders are not entitled to participate in any redemption or distribution with respect            
 to such shares. Such shares had an aggregate market value of $20,475,750 based upon the closing price of $11.87 per                         
 share on Nasdaq on the Record Date.                                                                                                         |

| ● | Simultaneously                                                                                                                         
 with the closing of the IPO, the Company consummated the sale of 370,500 Private Placement Units at a price of $10.00 per Private      
 Placement Unit in a private placement to the Sponsor, generating total gross proceeds of $3,705,000. On January 6, 2023, and effective 
 January 9, 2023, the underwriters in the IPO purchased an additional 900,000 Units to exercise its over-allotment option in full       
 at a purchase price of $10.00 per Unit, generating gross proceeds of $9,000,000. Simultaneously with the closing of the full exercise  
 of the over-allotment option, the Company completed the private sale of an aggregate of 38,700 Private Placement Units, at a purchase  
 price of $10.00 per Private Placement Unit, generating gross proceeds of $387,000.The Private Placement Units and Class A ordinary     
 shares underlying the Private Placement Units will become worthless if AlphaTime does not consummate a business combination by the     
 Termination Date or such later date that may be approved by AlphaTime shareholders in accordance with the Existing Charter.            |

| ● | The                                                                                                                                  
 Sponsor and AlphaTime’s directors and officers paid significantly less for their Founder Shares than other Public Shareholders       
 paid for their Public Shares purchased in the IPO or