Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1493

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 1493
---
 may encounter intense competition from
other entities having a business objective similar to ours, including other blank check companies, private equity groups and leveraged
buyout funds, and operating businesses seeking strategic acquisitions. Many of these entities are well established and have extensive
experience identifying and effecting business combinations directly or through affiliates. Moreover, many of these competitors possess
greater financial, technical, human and other resources than us. Our ability to acquire larger target businesses will be limited by our
available financial resources. This inherent limitation gives others an advantage in pursuing the acquisition of a target business. Furthermore,
our obligation to pay cash in connection with our public shareholders who exercise their redemption rights may reduce the resources available
to us for our initial business combination and may not be viewed favorably by certain target businesses. This may place us at a competitive
disadvantage in successfully negotiating an initial business combination.

Facilities

We
currently maintain our executive offices at 500 Fifth Avenue, Suite 928, New York, NY 10110. The cost for our use of this space is included
in the $10,000 per month fee we will pay to our Sponsor for office space, utilities and secretarial and administrative services. We consider
our current office space adequate for our current operations.

Employees

We
currently have two officers and do not intend to have any full-time employees prior to the completion of our initial business combination.
Members of our management team are not obligated to devote any specific number of hours to our matters, but they intend to devote as
much of their time as they deem necessary to our affairs until we have completed our initial business combination. The amount of time
that any such person will devote in any time period will vary based on whether a target business has been selected for our initial business
combination and the current stage of the business combination process.

Periodic
Reporting and Financial Information

Our
Units, Ordinary Shares, Warrants and Rights are registered under the Exchange Act and have reporting obligations, including the requirement
that we file annual, quarterly and current reports with the SEC. In accordance with the requirements of the Exchange Act, our annual
reports will contain financial statements audited and reported on by our independent registered public auditors.

We
will provide shareholders with audited financial statements of the prospective target business as part of the tender offer materials
or proxy solicitation materials sent to shareholders to assist them in assessing the target business. These financial statements may
be required to be prepared in accordance with, or be reconciled to, U