Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 348

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 348
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, of all monies payable to PubCo for unpaid calls or otherwise. If PubCo’s assets available
for distribution are insufficient to repay the whole of the share capital, the assets will be distributed so that the losses are borne
by PubCo shareholders in proportion to the par value of the shares held by them.

Calls on Shares and Forfeiture of Shares. PubCo’s board of directors may from time to time make calls upon shareholders for
any amounts unpaid on their shares in a notice served to such shareholders at least 14 days prior to the specified time and place of
payment. The shares that have been called upon and remain unpaid are subject to forfeiture.

Redemption, Repurchase and Surrender of Shares. PubCo may issue shares on terms that such shares are subject to redemption, at PubCo’s
option or at the option of the holders of these shares, on such terms and in such manner as may be determined by PubCo board of directors
and we may also repurchase any of PubCo shares on such terms and in such manner as have been approved by PubCo board of directors or
by an ordinary resolution of PubCo shareholders. Under the Companies Act, the redemption or repurchase of any share may be paid out of
PubCo’s profits or out of the proceeds of a fresh issue of shares made for the purpose of such redemption or repurchase, or out
of capital (including share premium account and capital redemption reserve) if PubCo can, immediately following such payment, pay its
debts as they fall due in the ordinary course of business. In addition, PubCo may accept the surrender of any fully paid share for no
consideration.

Variations of Rights of Shares. If at any time PubCo’s share capital is divided into different classes of shares, the rights attached
to any class of shares (unless otherwise provided by the terms of issue of the shares of that class), whether or not PubCo is being wound-up,
may be varied with the consent in writing of the holders of two-thirds of the issued shares of that class or with the sanction of a special
resolution passed at a separate meeting of the holders of the shares of the class. The rights conferred upon the holders of the shares
of any class issued shall not, unless otherwise expressly provided by the terms of issue of the shares of that class, be deemed to be
varied by the creation or issue of further shares ranking pari passu with or subsequent to such existing class of shares, or the redemption or purchase