Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 89

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 89
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 Units, and PubCo shares which will be automatically issued upon the exchange of the Private Rights at Closing.                      |
| (2) | Assumes that ATMC public shareholders holding approximately                                                                         
 417,436 ATMC Ordinary Shares subject to possible redemption will exercise their redemption rights upon consummation of the Business 
 Combination at a redemption price of approximately $12.38 per share.                                                                |

The following table illustrates the potential impact of redemptions on the per share value of the shares owned by non-redeeming AlphaTime shareholdersas well as the effective underwriting fees at the following redemption levels, inclusive of the Dilutive Interests:

|                                                  |     | Redemption Level 
 100%(2)          |     |   |     | 75% |      |   |     | 50% |      |   |     | 0% |       |   |
|:-------------------------------------------------|:----|:-----------------|----:|:--|:----|:----|-----:|:--|:----|:----|-----:|:--|:----|:---|------:|:--|
| Implied value per public share - Pre-Closing     |     | $                |   0 |   |     | $   | 1.47 |   |     | $   | 2.59 |   |     | $  |  4.21 |   |
| Implied Value per public share - Post Closing(1) |     | $                | n/a |   |     | $   | 0.12 |   |     | $   | 0.22 |   |     | $  |  0.44 |   |
| Impact of Underwriting Fees                      |     | $                | n/a |   |     | $   |  n/a |   |     | $   |  n/a |   |     | $  |  0.21 |   |
| Effective Underwriting Fee %                     |     |                  | n/a | % |     |     |  n/a | % |     |     |  n/a | % |     |    | 51.81 | % |

| (1) | Including the Dilutive Interests,                                                                                                      
 Founder Shares, shares which will be automatically issued upon the exchange of the Public Rights at Closing, Private Shares underlying 
 the Private Units, and PubCo shares which will be automatically issued upon