Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1540

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 1540
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 for services they would render to us after the completion of the business combination. The personal and financial
interests of such individuals may influence their motivation in identifying and selecting a target business. However, we believe the
ability of such individuals to remain with us after the completion of our Business Combination will not be the determining factor in
our decision as to whether or not we will proceed with any potential business combination. There is no certainty, however, that any members
of our management team will remain with us after the completion of our Business Combination. We cannot assure you that any members of
our management team will remain in senior management or advisory positions with us. The determination as to whether any members of our
management team will remain with us will be made at the time of our initial business combination.

31

Our
officers and directors may allocate their time to other businesses and may become officers or directors of other special purpose acquisition
companies, thereby causing conflicts of interest in their determination as to how much time to devote to our affairs and whether to present
a target to us instead of our competitors. This conflict of interest could have a negative impact on our ability to complete our initial
business combination.

Our
officers and directors have fiduciary responsibility to dedicate substantially all their business time to their respective affairs and
their respective portfolio companies. However, this responsibility does not require any of our officers or directors to commit his or
her full time to our affairs in particular, which may result in a conflict of interest in allocating their time between our operations
and our search for a Business Combination and their other businesses, including other business endeavors for which he or she may be entitled
to substantial compensation. Furthermore, our officer and directors may become an officer or director of another special purpose acquisition
company with a class of securities registered under the Securities Exchange Act of 1934, as amended, or the Exchange Act even before
we enter a definitive agreement regarding our initial business combination. We do not intend to have any full-time employees prior to
the completion of our initial business combination. In addition, each of our officers and certain of our directors are employed by or
affiliated with our founders, which makes investments in securities or other interests of or relating to companies in industries we may
target for our initial business combination. Our independent directors also serve as officers or board members for other entities. If
our officers’ and directors’ other business affairs require them to devote substantial amounts of time to such affairs in
excess of their current commitment levels