Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 65

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 65
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 “ATMC RRA”), which the HCYC RRA and the ATMC RRA were in turn amended and restated on September 16, 2025 in that certain registration rights agreement between HCYC, AlphaTime and the investors party thereto (the “A&R RRA”, collectively with the HCYC RRA and the ATMC RRA, the “PIPE RRA”). Pursuant to the PIPE RRA, HCYC Holding Company agreed to file with the SEC within fifteen (15) days after the consummation of the Business Combination, a registration statement to register all the Ordinary Shares and underlying Ordinary Shares of the warrants subscribed for in the Purchase Agreement, and have such registration statement be declared effective no later than 60 days from consummation of a Business Combination. Pipe Financing Amendment Pursuant to the A&R RRA, the PIPE Investors’ $11.5 million in PIPE financing will be exchanged for 1,150,000 ordinary shares and 2,300,000 warrants to purchase ordinary shares of AlphaTime rather than HCYC Holding Company. Except for the foregoing change in the issuer of the securities and the corresponding amendments to the Purchase Agreement, PIPE RRA and warrants to reflect this change, all other material terms and conditions of the PIPE financing remain unchanged, including the purchase price, exercise price, and other economic and contractual provisions of the warrants. Background and Material Terms of Business Combination The following is a brief discussion of the background of these negotiations, the Merger Agreement, and the Business Combination.

| ● | On                                                                                                                                      
 January 4, 2023, AlphaTime consummated its initial public offering of 6,000,000 units at a price of $10.00 per unit. Each unit consists 
 of one ordinary share, one redeemable warrant entitling the holder to purchase one ordinary share at a price of $11.50 per share,       
 and one right entitling the holder to receive one-tenth (1/10) of the one ordinary share upon consummation of an initial business       
 combination.                                                                                                                            |

| ● | On                                                                                                                                
 January 6, 2023, the underwriters of AlphaTime’s IPO exercised their over-allotment option in full to purchase additional 900,000 
 units at a price of $10.00 per unit.                                                                                              |

| ● | Prior                                                                                                                            
 to the consummation of the IPO, neither AlphaTime, nor anyone on its behalf contacted or was contacted by any