Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 103

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 103
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 events that provide guidance as to the effect of the spread of COVID-19 and a global pandemic, and, as a result, the ultimate impact of the COVID-19 outbreak or a similar health epidemic is highly uncertain and subject to change. In addition, due to the rapidly evolving global situation, the risk of further waves of infections, the range of national responses, including border closures, the pace at which vaccination programs are being rolled out and the uncertainty of the efficacy of vaccines, we cannot predict the duration or the ultimate impact of the COVID-19 pandemic. Any additional impact of the COVID-19 pandemic may have a material adverse effect on our business, financial condition, and results of operations.

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Our operations subject us to additional risks which could have an adverse effect on our business, financial condition, and results of operations.

HCYC Wealth Management (Asia) Company Limited has been licensed as an insurance broker company registered with the Insurance Authority in Hong Kong since March 2011 and we only operate and conduct business in Hong Kong.

However, as we continue to strive towards our vision of expanding our insurance brokerage services regionally throughout Southeast Asia in the future, we believe that our business model and continual expansion of our network of strategic partnerships will remain crucial to maintaining our competitive advantage. In the future, we aspire, in the future, to operate across different geographic markets and political systems and are required to comply with a wide variety of tax regimes, laws and regulatory requirements, including insurance brokerage licensing in various jurisdictions.

In connection with our growth plans, we may also expand our geographic footprint and enter into new markets, through organic growth or acquisitions. We need to manage our extensive and growing operations in the markets and regions in which we operate across Asia, which exposes us to complexities in staffing and personnel management, currency exchange movements and controls, and the burden of complying with a wide variety of tax regimes, legal systems and regulatory requirements, and insurance licensing requirements, which may be in conflict with each other. We may face, and have to manage, risks in relation to volatile macroeconomic trends, capital controls and other restrictions on the movement of currency into and out of countries and markets and there is no guarantee that we will be granted insurance brokerage licenses in any other jurisdiction outside of Hong Kong.

We cannot assure you that we will be able to execute our growth strategy successfully and manage all of the risks associated with operating and scaling up an extensive multi-country business with operations in many developing and rapidly growing countries and markets, and any failure to do so may have a material