Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 105

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 105
---
 into the E&S market may return to the admitted carrier market, exacerbating the effects of rate decreases.

Because this market cyclicality is due in large part to the actions of our competitors and general economic factors all of which are outside of our control, we cannot predict the timing, duration or magnitude of changes in the market cycle. We are currently experiencing a hard market. We expect these cyclical patterns will cause our revenues and net income to fluctuate, which may cause the market price of our securities to be more volatile.

Our business depends on our ability to collect payment on and service the transactions we facilitate from insurance companies.

We never accept any form of payment or settlement from customers. All of our revenue is sourced from the commission fees that come directly from the insurance companies we partner with. We have implemented payment and collection policies and practices designed to optimize timely payment from our partners. Despite our servicing and collection efforts, we cannot assure you that we will be able to collect payments on the transactions we facilitate as expected. If we fail to adequately collect any commission fees delinquent or due, then our results of operations will be adversely affected. As the amount of transactions facilitated by us increases in the future, we may devote additional resources into our collection efforts. However, there can be no assurance that we would be able to utilize such additional resources in a cost-efficient manner.

| 59 |

Our financial condition and results of operations could be adversely affected if we are unable to successfully manage our growth.

Our future growth may place significant demands on our managerial, operational and capital resources. The expansion of our business activities exposes us to various challenges, including:

| ● | continuing                                                                                                                         
 to expand, train and retain our technical staff force who service our clients, while maintaining costs and productivity at optimal 
 levels;                                                                                                                            |
| ● | continuing                                                                                                                         
 to expand our brokerage and other networks and upgrade the underlying technology and front and back-end support to meet expanding  
 distribution needs;                                                                                                                |
| ● | continuing                                                                                                                         
 to develop adequate underwriting and claims settlement capabilities and skills;                                                    |
| ● | recruiting,                                                                                                                        
 training and retaining management personnel with proper experience and knowledge; and                                              |
| ● | strengthening                                                                                                                      
 and expanding our risk management and information technology systems to effectively manage the risks associated with existing and  
 new lines of insurance products and services and increased marketing and sales activities.                                         |

We cannot assure you that we will manage our growth successfully. In particular, we may not be able to recruit, train and retain a sufficient