Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 342

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 342
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 entity controlled by Ms. Xiameng Ding, in the same amount. The amount of HKD 156,884
(approximately $20,014), were reallocated to additional paid-in capital.

Facilitation Agreements

HCYC has entered into agreements with two related parties, Summit Planned Ltd and Mr. Kwok Wai Man (the Chief Executive Officer of HCYC HK), pursuant to which the two related parties are obligated to facilitate HCYC’s brokerage business by referring potential insurance policyholders to the Company and are entitled with the commissions for the insurance policies bought by those policyholders when they become effective. Mr. Kwok Wai Man serves on the board of directors of Summit Planned Ltd.

Related Person Transaction Policy

Related Person Transaction Policy of HCYC

The
Chief Executive Officer, Ms. Ding reviews issues involving potential conflicts of interest, and reviews and approves all related party
transactions, including those required to be disclosed as a “related party” transaction under applicable federal securities
laws. HCYC has not adopted any specific procedures for conducting reviews of potential conflicts of interest and considers each transaction
in light of the specific facts and circumstances presented. The Chief Executive Officer would only approve a related party transaction
that was in the best interests of, and fair to, HCYC, and further would seek to ensure that any completed related party transaction was
on terms no less favorable to HCYC than could be obtained in a transaction with an unaffiliated third party.

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Related Person Transaction Policy of AlphaTime

The audit committee of our board of directors adopted a policy setting forth the policies and procedures for its review and approval or ratification of “related party transactions.” A “related party transaction” is any consummated or proposed transaction or series of transactions: (i) in which the company was or is to be a participant; (ii) the amount of which exceeds (or is reasonably expected to exceed) the lesser of $120,000 or 1% of the average of the company’s total assets at year-end for the prior two completed fiscal years in the aggregate over the duration of the transaction (without regard to profit or loss); and (iii) in which a “related party” had, has or will have a direct or indirect material interest. “Related parties” under this policy include: (i) our directors, nominees for director or executive officers; (ii) any record or beneficial owner of more than 5% of any Class of our voting securities; (