Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1511

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 1511
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 be forced to
wait beyond the24 months from the closing of our Initial Public Offering, or if we decide to extend the period of time to consummate
our Business Combination, beyond the 33 months from the closing of our Initial Public Offering (as further described in our Registration
Statement) before they receive funds from our Trust Account. In no other circumstances will a public shareholder have any right or interest
of any kind in the Trust Account. Accordingly, to liquidate your investment, you may be forced to sell your Public Shares, Warrants or
Rights, potentially at a loss.

You
will not be entitled to protections normally afforded to investors of many other blank check companies.

Since
the net proceeds of our Initial Public Offering and the sale of the Private Placement Units are intended to be used to complete an initial
business combination with a target business that has not been selected, we may be deemed to be a “blank check” company under
the United States securities laws. However, because we will have net tangible assets in excess of $5,000,000 upon the successful completion
of our Initial Public Offering and the sale of the Private Placement Units and will file a Current Report on Form 8-K, including an audited
balance sheet demonstrating this fact, we are exempt from rules promulgated by the SEC to protect investors in blank check companies,
such as Rule 419. Accordingly, investors will not be afforded the benefits or protections of those rules. Among other things, this means
our Units will be immediately tradable and we will have a longer period of time to complete our Business Combination than do companies
subject to Rule 419. Moreover, if our Initial Public Offering were subject to Rule 419, that rule would prohibit the release of any interest
earned on funds held in the Trust Account to us unless and until the funds in the Trust Account were released to us in connection with
our completion of an initial business combination.

16

If
we seek shareholder approval of our initial business combination and we do not conduct redemptions pursuant to the tender offer rules,
and if you or a “group” of shareholders are deemed to hold in excess of 15% of our Ordinary Shares, you will lose the ability
to redeem all such shares in excess of 15% of our Ordinary Shares.

If
we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our initial business
combination pursuant to the tender offer rules, our Third Amended and Restated Memorandum