Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1777

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1777
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 relevant authorities
before offering and listing their shares on an overseas stock exchange. In addition, certain foreign investors shall not be involved
in the operation or management of the relevant enterprise, and shareholding percentage restrictions under relevant domestic securities
investment management regulations shall apply to such foreign investors.

Based
on our understanding of the current PRC laws and regulations in effect at the time of this Form 10-K, no prior permission is required
under the M&A Rules, the Opinions or the Negative List from any PRC governmental authorities (including the CSRC) for consummating
our Initial Public Offering by our company, given that: (a) the CSRC currently has not issued any definitive rule or interpretation concerning
whether offerings like ours under this Form 10-K are subject to the M&A Rules; and (b) our company is a blank check company newly
incorporated in Cayman Islands rather than China and currently the company conducts no business in China. However, there remains some
uncertainty as to how the M&A Rules, the Opinions, or the Administrative Provisions and the Administrative Measures, if enacted,
will be interpreted or implemented in the context of an overseas offering or if we decide to consummate the business combination with
a target business based in and primarily operating in China. If the CSRC or another PRC governmental authority subsequently determines
that its approval is needed for our Initial Public Offering, or a Business Combination with a target business based in and primarily
operating in China, we may face approval delays, adverse actions or sanctions by the CSRC or other PRC governmental authorities. In any
such event, these governmental authorities may delay our Initial Public Offering or a potential business combination, impose fines and
penalties, limit our operations in China, or take other actions that could materially adversely affect our business, financial condition,
results of operations, reputation and prospects, as well as the trading price of our securities.

56

As
of the date of this Form 10-K, we have not received any inquiry, notice, warning, sanctions or regulatory objection to our Initial Public
Offering from the CSRC or any other PRC governmental authorities.

Our
company is a blank check company incorporated under the laws of the Cayman Islands. We currently do not hold any equity interest in any
PRC company or operate any business in China. Therefore, we are not required to obtain any permission from any PRC governmental authorities
to operate our business as currently conducted. If we decide to consummate