Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 355

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 355
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 exempted company with limited liability incorporated under the laws of the Cayman Islands, PubCo conducts substantially all of its operations in Hong Kong, and substantially all of PubCo’s assets are located in Hong Kong. In addition, all PubCo’s senior executive officers, namely, Mr. Shen Hsu Ming as Chief Executive Officer of the PubCo and Chia Hui Hwa (Alice) as Chief Financial Officer of the PubCo, all reside within Hong Kong for a significant portion of the time. As a result, it may be difficult for PubCo’s shareholders to effect service of process upon PubCo or those persons inside Hong Kong. In addition, Hong Kong does not have treaties providing for the reciprocal recognition and enforcement of judgments of courts with the Cayman Islands and many other countries and regions. Therefore, recognition and enforcement in Hong Kong of judgments of a court in any of these non-Hong Kong jurisdictions in relation to any matter not subject to a binding arbitration provision may be difficult or impossible.

Substantially, because substantially all of PubCo’s operations are located in Hong Kong, a special administrative region of China, its business is subject to the complex and rapidly evolving laws and regulations there, which may be difficult for shareholders to effect service of process within the United States upon management, or to enforce against them or PubCo judgments obtained in United States courts, including judgments predicated upon the civil liability provisions of the securities laws of the United States or any state in the United States. See “ Risk Factors-You may experience difficulties in effecting service of legal process, enforcing foreign judgments or bringing actions in China against PubCo or its management named in the prospectus based on foreign laws.”

There are currently no treaties or other arrangements between Hong Kong and the United States that provide reciprocal enforcement of foreign judgments. However, Hong Kong’s common law permits an action to be brought upon a foreign judgment. A foreign judgment itself may form the basis for a cause of action as judgment may be regarded as creating a debt between the parties. In a common law action for the enforcement of a foreign judgment in Hong Kong, enforcement is subject to various conditions, including, but not limited to: (i) the foreign judgment is final, (ii) the foreign judgment is for a liquidated amount in a civil matter and not in respect of taxes, fines, penalties, or similar charges, (iii) the proceedings in which the judgment was obtained were not contrary to natural justice, and (iv) the enforcement of the judgment is not contrary to the public policy of