Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 100

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 100
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8% and 35.7% of the total accounts receivable balance as of March 31, 2024.

In order for us to be viable
as a public company, we must increase our revenue. To accomplish that, we must expand our overall customer base. If we fail to multiply
our customers, both individual and partnered insurance providers, our securities may have no significant value. There are inherent risks
whenever a large percentage of revenues are concentrated with a limited number of customers, specifically, our partnered insurance providers. We are unable to predict the future level of demand for our services that will be generated by our customers.In addition,
we cannot assure that any of our customers, either individual customers or partnered insurance providers, in the future will not cease
purchasing products from us, or that our referrers will continue introducing clients to us. Should customers favor products from our
competitors, significantly reduce orders, or seek price reductions in the future, any such event could have a material adverse effect
on our revenue, profitability, and results of operations.

Our business model is dependent on its strategic partners, many of which are large insurance companies, and the inability of these strategic partners to pay us commission fees or our inability to efficiently refer clients to our partners, could have a material and adverse effect on our results of operations and financial condition.

We rely on our strategic partners and their products to generate revenue and receive commission fees in exchange for selling their insurance policy to consumers in the marketplace. While we have established partnerships with multiple insurers, any business interruptions with our strategic partners, their ability to offer insurance policies, or the insurance industry in general, may expose us to risk outside of our control. To date, business disruptions to our strategic partners, excepting impacts from COVID-19 themselves, have not significantly or even materially affected our outlook or business goals, because we continually seek alternative partnership with insurance providers to service our clients.

It is possible that in the future a portion or all of our partners may not be able to meet our clients’ demands for insurance products, which may impact our ability to serve our clients competitively. We may also be impacted by changes in pricing in the insurance industry in general, including the pricing of insurance policies, which are out of our control, requiring us to replace some or all of our partners with other insurers who can offer more competitive policies and more suitable insurance products to our clients. If we are unable to offer suitable insurance policies to our clients, as compared to our competitors, our business could be