Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1481

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 1481
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In
this Annual Report on Form 10-K (the “Form 10-K”), references to the “Company” and to “we,” “us,”
and “our” refer to AlphaTime Acquisition Corp. 

General

AlphaTime
Acquisition Corp is a blank check company incorporated on September 15, 2021, as a Cayman Islands exempted company for the purpose of
effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more
businesses (a “Business Combination”). We may pursue an acquisition or a Business Combination with a target in any business
or industry that can benefit from the expertise and capabilities of our management team. Our efforts in identifying prospective target
businesses will not be limited to a particular geographic region, although we intend to primarily focus on businesses in Asia. We have
generated no revenues to date and we do not expect that we will generate operating revenues at the earliest until we consummate our Business
Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated
with early stage and emerging growth companies.

On
September 28, 2021, our Sponsor acquired 1,437,500 Founder Shares for an aggregate purchase price of $25,000. On January 8, 2022, our
Sponsor acquired an additional 287,500 Founder Shares for no additional consideration, resulting in our Sponsor holding an aggregate
of 1,725,000 Founder Shares.

As
of December 31, 2024, and for the period from September 15, 2021 (inception) through December 31, 2024, the Company had not yet commenced
any operations. All activity for the period from September 15, 2021 (inception) through December 31, 2024, relates to the Company’s
formation and the initial public offering (the “Initial Public Offering” or “IPO”) and identifying a target for
a Business Combination. The Company will not generate any operating revenues until after the completion of its Business Combination,
at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial
Public Offering. The Company has selected December 31 as its fiscal year end.

The
registration statement for the Company’s Initial Public Offering was declared effective on December 30, 2022 (the “Registration
Statement”).