Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 94

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 94
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 received a written notice (the “Initial Notice”) from the Listing Qualifications Department (the “Staff”) of Nasdaq notifying AlphaTime that AlphaTime was not in compliance with Nasdaq Listing Rule 5450(a)(2) (the “Minimum Public Holders Rule”), which requires AlphaTime to have at least 400 total holders for continued listing on The Nasdaq Global Market. An indicator will be displayed with quotation information related to AlphaTime’s securities on listingcenter.nasdaq.com and may be displayed by other third-party providers of market data information, however, the Initial Notice did not impact the listing of AlphaTime’s securities on The Nasdaq Global Market. On January 16, 2025, AlphaTime submitted a plan to regain compliance with the Minimum Public Holders Rule. As previously disclosed, on January 29, 2025, Nasdaq issued a notice granting AlphaTime an extension of time to regain compliance with Nasdaq Minimum Public Holders Rule for 180 calendar days, or until May 28, 2025. On June 3, 2025, AlphaTime received a letter from Nasdaq stating that AlphaTime had not regained compliance with the Minimum Public Holders Rule by May 28, 2025.

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On June 6, 2025, AlphaTime submitted a hearing request to the Nasdaq Hearing Listing Qualifications Panel (the “Panel”) pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series to stay the suspension of the AlphaTime’s securities based on Nasdaq’s determination of noncompliance regarding the Minimum Public Holders Rule and the filing of the Form 25-NSE pending the Panel’s decision.

On April 17, 2025, AlphaTime
received a second letter (the “ Second Notice”) from the Listing Qualifications Department notifying AlphaTime that, for
the last 30 consecutive business days, the Minimum Value of Listed Securities, as defined by Nasdaq (“MVLS”), of the Public
Shares, has been below the minimum $50 million requirement for continued listing on The Nasdaq Global Market under Nasdaq Listing Rule
5450(b)(2)(A) (the “Minimum Market Value of Listed Securities Requirement”). An indicator will be displayed with quotation
information related to AlphaTime’s securities on listingcenter.nasdaq.com and may be displayed by other third-party providers of
market data information, however, the Second Notice does not impact the listing of AlphaTime’s securities on The Nasdaq Capital
Market at