Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 133

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 133
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 any claims by a third party who executed a waiver of any and all rights to seek access to the trust account and except as to any claims under our indemnity of the underwriters of our Initial Public Offering against certain liabilities, including liabilities under the Securities Act. Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, then our sponsor will not be responsible to the extent of any liability for such third-party claims. We have not independently verified whether our sponsor has sufficient funds to satisfy its indemnity obligations and believe that our sponsor’s only assets are securities of our company. We have not asked our sponsor to reserve for such indemnification obligations. Therefore, we cannot assure you that our sponsor would be able to satisfy those obligations. As a result, if any such claims were successfully made against the trust account, the funds available for our initial business combination and redemptions could be reduced to less than $10.18 per public share. In such event, we may not be able to complete our initial business combination, and you would receive such lesser amount per share in connection with any redemption of your public shares. None of our officers will indemnify us for claims by third parties including, without limitation, claims by vendors and prospective target businesses.

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Any distributions received by AlphaTime Shareholders could be viewed as an unlawful payment if it was proved that immediately following the date on which the distribution was made, AlphaTime was unable to pay its debts as they fell due in the ordinary course of business.

As approved by the shareholders at the Third Meeting held on October 1, 2025, AlphaTime extended the date by which it has to complete a business combination from October 4, 2025, up to three (3) times, each comprised of one month each up to January 4, 2026. If AlphaTime is unable to consummate a transaction within the required time periods set forth under the Existing AlphaTime Articles, including any applicable extensions, upon notice from AlphaTime, the trustee of the Trust Account will distribute the amount in its Trust Account to its public shareholders. Concurrently, AlphaTime shall pay, or reserve for payment, from funds not held in trust, its liabilities and obligations, although AlphaTime cannot assure you that there will be sufficient funds for such purpose.

In the event that the initial business combination does not close, we may use a portion of the working capital held outside the trust account to repay such loaned amounts but no proceeds from our trust account