Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 50

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 50
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 the procedures to be followed if you wish to redeem your shares for cash.

Q: What happens if a substantial number of AlphaTime shareholders vote in favor of the Business Combination Proposal and other proposals at the Extraordinary General Meeting and exercise their redemption rights?

A: AlphaTime shareholders may vote in favor of the Business Combination Proposal, the Initial Mergers Proposal and the other proposals presented at the Extraordinary General Meeting and exercise their redemption rights. Accordingly, the Business Combination may be consummated even though the funds available from the Trust Account and the number of AlphaTime shareholders are substantially reduced as a result of redemption by AlphaTime shareholders. The amount of redemptions exercised by AlphaTime shareholders is uncertain, contingent upon many factors out of our control, and are difficult to predict. The Existing AlphaTime Articles currently in effect provides that the Business Combination shall not be consummated if, upon the consummation of the Business Combination, AlphaTime does not have at least $5,000,001 in net tangible assets after giving effect to the payment of amounts that AlphaTime shall be required to pay to redeeming shareholders upon consummation of the Business Combination. However, pursuant to existing agreements, the Sponsor and the current members of the board of AlphaTime have agreed not to redeem their shares. In the event of significant redemptions, with fewer shares and fewer AlphaTime shareholders, the trading market for PubCo Ordinary Shares may be less liquid than the market for ATMC Ordinary Shares was prior to the Business Combination. In addition, in the event of significant redemptions, PubCo may not be able to meet the Nasdaq listing standards. It is a condition to consummation of the Business Combination in the Merger Agreement that the PubCo Ordinary Shares to be issued in connection with the Business Combination shall have been approved for listing on the Nasdaq, subject only to official notice of issuance thereof.

Q: Do I have appraisal or dissenters’ rights if I object to the proposed Business Combination?

A: AlphaTime shareholders who hold ATMC Ordinary Shares may have appraisal rights in connection with the First SPAC Merger under the Cayman Companies Act. In this proxy statement/prospectus, these appraisal or dissent rights are sometimes referred to as “Dissent Rights.” Holders of record of ATMC Ordinary Shares wishing to exercise such Dissent Rights and make a demand for payment of the fair value for his, her or its ATMC Ordinary Shares must give written objection to the First SPAC Merger to AlphaTime prior to the shareholder vote