Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 197

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 197
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man Constitutional Documents, which would potentially make the Business   
 Combination more difficult or impossible to complete and/or reduce the amount of cash available to Company following the Closing.         |
| ● | Public                                                                                                                                    
 Company Risk. As Company has not previously been a public company, Company may not have all the different types of employees              
 necessary for it to timely and accurately prepare reports for filing with the SEC. There is a risk that Company will not be able          
 to hire the right people to fill in these gaps by the time of the Closing or that additional issues could arise after the Closing         
 due to its failure to have hired these people in advance of Closing.                                                                      |
| ● | Benefits                                                                                                                                  
 may not be Achieved. The risk that the potential benefits of the Business Combination may not be fully achieved or may not be             
 achieved within the expected timeframe.                                                                                                   |

| 108 |

In addition to considering the factors described above, AlphaTime also considered that:

●
Interests of Certain Persons. AlphaTime also considered that certain of the officers and directors of Company may have interests in the Business Combination as individuals that are in addition to, and that may be different from, the interests of AlphaTime Shareholders, including the matters described under the section titled “ - Interests of AlphaTime Directors and Officers in the Business Combination”. AlphaTime concluded that the potentially disparate interests would be mitigated because (i) these interests would be included in this proxy statement/prospectus, (ii) these disparate interests could exist with respect to a business combination with any target company, and (iii) the Business Combination was structured so that the Business Combination may be completed even if public shareholders redeem a substantial portion of the ATMC Ordinary Shares. In addition, the AlphaTime Board also carefully considered the Fairness Opinion, alongside disclosure of the conflicts, and believes that the business combination with HCYC aligned with the best interest of AlphaTime’s shareholders. In addition, AlphaTime’s independent directors reviewed and considered these interests during the negotiation of the Business Combination and in evaluating and unanimously approving, as members of the AlphaTime Board, the Merger Agreement and the transactions contemplated therein, including the Business Combination.

The AlphaTime Board concluded that the potentially disparate interests would be mitigated because (i) these interests would be included in this proxy statement/prospectus, (ii) these disparate interests could exist with respect to a business combination with any target company, and (iii) the Business Combination was structured so that the Business Combination may be completed even if public shareholders redeem a substantial