Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 424

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 424
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Holders of 2,160,774 Ordinary Shares of the Company exercised their right to redeem such shares at a per share redemption price of approximately
$10.78 per share, for a total of approximately $23,302,146. Following the redemptions, the Company has 6,873,426 Ordinary Shares outstanding

On
December 20, 2024, a special meeting of the shareholders was held to extend the date by which the Company must consummate a Business Combination. In connection with this meeting, the shareholders of record were provided the opportunity to exercise their redemption rights.
Holders of 3,403,976 Ordinary Shares of the Company exercised their right to redeem such at a per share redemption price of approximately
$11.41 per share, for a total of approximately $38,852,320.60. Following the redemptions, the Company has 3,469,450 Ordinary Shares outstanding.

ITEM
6. [RESERVED]

ITEM
7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

References
to the “Company,” “our,” “us” or “we” refer to AlphaTime Acquisition Corp. The following
discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the audited
financial statements and the notes related thereto which are included in “Item 8. Financial Statements and Supplementary Data”
of this Annual Report on Form 10-K. Certain information contained in the discussion and analysis set forth below includes forward-looking
statements. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of many factors.
Certain information contained in the discussion and analysis set forth below includes forward-looking statements. Our actual results
may differ materially from those anticipated in these forward-looking statements as a result of many factors, including those set forth
under “Cautionary Note Regarding Forward-Looking Statements and Risk Factor Summary,” “Item 1A. Risk Factors”
and elsewhere in this Annual Report on Form 10-K.

Overview

We
are a blank check company incorporated on September 15, 2021 (“inception”) as a Cayman Islands exempted company and formed
for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination
with one or more businesses. We have generated no revenues to date, and we do not expect that we will generate operating revenues at
the earliest until