Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1656

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 1656
---
 included performing procedures
to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that
respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial
statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as
evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

    /s/ UHY LLP

    We have served as the Company’s auditor since 2021.

    New York, New York

    April 15, 2025

 F-2 

ALPHATIME
ACQUISITION CORP

 BALANCE SHEETS

    December
    31, 2024  
    December
    31, 2023 
  
    Assets: 

    Current assets: 

    Cash 
    $1,425  
    $15,054 
  
    Prepaid
    expenses 
     15,313  
     43,052 
  
    Total
    current assets 
     16,738  
     58,106 

    Investment held in Trust
    Account 
     15,240,284  
     74,062,199 
  
    Total
    assets 
    $15,257,022  
     74,120,305 
  
    Liabilities and Shareholders’
    Deficit: 

    Current liabilities: 

    Accounts payable and accrued expenses 
    $1,500,701  
    $649,589 
  
    Promissory notes –
    related party 
     1,262,500  
     690,000 
  
    Due
    to related parties 
     568,299  
     199,318 
  
    Total
    current liabilities 
     3,331,500  
     1,538,907 
  
    Deferred underwriting
    commission 
     2,415,000  
     2,415,000 
  
    Total
    liabilities 
     5,746,500  
     3,953,907 
  
    Commitments and Contingencies 

    Temporary Equity: 

    Ordinary shares subject to possible redemption, 1,335,250 and 6,900,000
    shares at