Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 259

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 259
---
284 remained in the Trust Account. Following the aforementioned Second Redemption, AlphaTime
had 3,469,450 ATMC Ordinary Shares outstanding.

As
approved by the shareholders of AlphaTime, by ordinary resolution, at an extraordinary general meeting of shareholders held on October
1, 2025, the Company adopted an amendment to the Existing AlphaTime Articles reflecting the extension of the date by which the Company
must consummate a business combination from October 4, 2025 up to three (3) times, each comprised of one month each up to January 4,
2026. The Company also entered into the Third Trust Agreement Amendment, pursuant to which the Company has extended the date by which
it has to complete a business combination from the Termination Date up to three (3) times, each comprised of one month each from the
termination date, or extended date, as applicable, to January 4, 2025 by providing five days’ advance notice to the trustee prior
to the applicable termination date, or extended date, and depositing into the Trust Account an extension payment of $55,000 until January
4, 2025 (assuming a business combination has not occurred) in exchange for a non-interest bearing, unsecured promissory note payable
upon the consummation of a business combination. In connection with the shareholders’ vote at the Third Meeting, the Third Redemption
resulted in holders of 917,814 ATMC Ordinary Shares of the Company exercising their right to redeem such shares for a pro rata portion
of the funds held in the Trust Account. As a result, approximately $11,362,537 (approximately $12.38 per share) was removed from the
Trust Account to pay such holders and approximately $4,731,867 remained in the Trust Account. Following the aforementioned Third Redemption,
AlphaTime had 2,551,636 ATMC Ordinary Shares outstanding.

If AlphaTime is unable to complete its initial business combination by January 4, 2026, it will: (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten (10) business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account and not previously released to us to pay our taxes (less up to $100,000 of interest to pay dissolution expenses), divided by