Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1700

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1700
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, we may have limited time to conduct due diligence and may enter into our initial business combination on terms that we would
have rejected upon a more comprehensive investigation.

14

We
may not be able to complete our initial business combination within the prescribed time frame, in which case we would cease all operations
except for the purpose of winding up and we would redeem our Public Shares and liquidate, in which case our public shareholders may only
receive $10.18 per share, or less than such amount in certain circumstances, and our Warrants and Rights will expire worthless.

Our
Third Amended and Restated Memorandum and Articles of Association, as amended, provides that we must complete our initial business combination
within 24 months from the closing of our Initial Public Offering, or we may, but are not obligated to, extend the period of time to consummate
our Business Combination up to nine times by an additional one month each time, for a total of up to 33 months (as further described
in our Registration Statement). We may not be able to find a suitable target business and complete our initial business combination within
such time period. Our ability to complete our initial business combination may be negatively impacted by general market conditions, volatility
in the capital and debt markets and the other risks described herein. For example, COVID-19 or another global pandemic, in the U.S. and
globally may grow or resurge and while the extent of the impact of the outbreak on us will depend on future developments, it could limit
our ability to complete our initial business combination, including as a result of increased market volatility, decreased market liquidity
and third-party financing being unavailable on terms acceptable to us or at all. Furthermore, we may be unable to complete a Business Combination if continued concerns relating to COVID-19 restrict travel, limit the ability to have meeting with potential investors or
the target company’s personnel, vendors and services providers are unavailable to negotiate and consummate a transaction in a timely
manner. Additionally, COVID-19 or other global pandemics may negatively impact businesses we may seek to acquire. If we have not completed
our initial business combination within such time period, we will: (i) cease all operations except for the purpose of winding up, (ii)
as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held