Company: ATMCW
Filing Date: 2025-09-09
Form Type: DEF 14A
Source: 0001493152-25-012831
Chunk: 68

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-09-09
Form: DEF 14A
Chunk 68
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 “government securities” within the meaning of Section 2(a)(16) of the Investment
Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated
under the Investment Company Act which invest only in direct U.S. government treasury obligations. Pursuant to the Trust Agreement,
the trustee is not permitted to invest in other securities or assets. By restricting the investment of the proceeds to these instruments,
and by having a business plan targeted at acquiring and growing businesses for the long term (rather than on buying and selling businesses
in the manner of a merchant bank or private equity fund), we intend to avoid being deemed an “investment company” within
the meaning of the Investment Company Act. Our Initial Public Offering is not intended for persons who are seeking a return on investments
in government securities or investment securities. The Trust Account is intended as a holding place for funds pending the earliest to
occur of: (i) the completion of our primary business objective, which is a Business Combination; (ii) the redemption of any Public Shares
properly submitted in connection with a shareholder vote to amend our Third Amended and Restated Memorandum and Articles of Association,
as amended, to modify (A) the substance or timing of our obligation to allow redemption in connection with our initial business combination
or to redeem 100% of our Public Shares if we do not complete our initial business combination within 36 months from the closing of our
Initial Public Offering, or if we decide to extend the period of time to consummate our Business Combination, within 36 months from the
closing of our Initial Public Offering or (B) with respect to any other provision relating to shareholders’ rights or pre-initial
business combination activity; or (iii) absent a Business Combination, our return of the funds held in the Trust Account to our public
shareholders as part of our redemption of the Public Shares. If we do not invest the proceeds as discussed above, we may be deemed to
be subject to the Investment Company Act. If we were deemed to be subject to the Investment Company Act, compliance with these
additional regulatory burdens would require additional expenses for which we have not allotted funds and may hinder our ability to complete
a Business Combination. If we are unable to complete our initial business combination, our public shareholders may receive only approximately
$11.96 per share on the liquidation of our Trust Account and our Warrants and Rights will expire worthless. In certain circumstances