Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 175

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 175
---
 by $929,224, additional
paid in capital by $929,132, and the PubCo Ordinary Shares by approximately $92 for the par value of the shares.

E Reflets the PIPE investments

PubCo has entered into subscription
agreements with two institutional investors for a total of $11.5 million in PIPE financing, in exchange for 1,150,000 PubCo Ordinary Shares. The financing is contingent upon the closing of the Business Combination and will be at a price of $10 per share. The adjustment
will increase cash by $11.5 million, additional paid in capital by $11.5 million, and the PubCo Ordinary Shares by approximately $115 for the
par value of the shares.

FReclassification to accumulated deficit balance of ATMC

Reclassification of ATMC’s historical accumulated deficit to additional paid in capital as part of the reverse recapitalizations

| 93 |

GReclassification of ATMC Ordinary Shares subject to possible redemption - assuming 50% Redemption Scenario

To record 50% number of ATMC public Ordinary Share redemptions, 208,718 shares subject to redemption will be redeemed at a redemption price of approximately $11.84 per share. The adjustment will reduce cash by $2.5 million, additional paid in capital by $2.5 million, and the PubCo Ordinary Shares by approximately $21 for the par value of the shares.

HReclassification of ATMC Ordinary Shares subject to possible redemption - assuming 75% Redemption Scenario

To record 75% of ATMC public Ordinary
Share redemptions, 313,077 shares subject to redemption will be redeemed at a redemption price of approximately $11.84 per share.
The adjustment will reduce cash by $3.7 million, additional paid in capital by $3.7 million, and the PubCo Ordinary Shares
by approximately $31 for the par value of the shares.

IReclassification of ATMC Ordinary Shares subject to possible redemption - assuming Maximum Redemption Scenario

To record 100% of ATMC public Ordinary Share redemptions, 417,436 shares subject to redemption will be redeemed at a redemption price of approximately $11.84 per share. The adjustment will reduce cash by $4.9 million, additional paid in capital by $4.9 million, and the PubCo Ordinary Shares by approximately $42 for the par value of the shares.

Adjustments to the Unaudited Pro Forma Condensed Combined Statement of Operations for the Year Ended March 31,