Company: ATMCW
Filing Date: 2025-09-18
Form Type: 8-K
Source: 0001493152-25-014086
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Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-09-18
Form: 8-K
Item: Item 1.01
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Item
1.01 Entry into a Material Definitive Agreement.

PIPE
Financing Agreements

On
September 14, 2025, AlphaTime Acquisition Corp (the “ Company”) entered into Securities Purchase Agreements (the “ SPA”)
with certain accredited investors (the “ Purchasers”), pursuant to which the Company agreed to issue and sell, in a private
placement, an aggregate of $11.5 million of its ordinary shares (the “ PIPE Shares”) and accompanying warrants (the “ PIPE
Warrants”) to purchase ordinary shares of the Company (the “ PIPE Financing”). The PIPE Financing is being conducted
in connection with the Company’s previously announced business combination (the “ Business Combination”) with HCYC Group
Company Limited and related parties.

The
SPA provides for the sale of an aggregate of 1,150,000 ordinary shares at a purchase price of $10.00 per share and warrants to purchase
up to 2,300,000 ordinary shares at an exercise price of $10.00 per share, subject to adjustment as set forth in the PIPE Warrants. The
PIPE Warrants, which will be issued in connection with closing of the PIPE Financing, are exercisable immediately upon issuance
and have a term of five years from the date of issuance. The PIPE Shares and PIPE Warrants, as well as the ordinary shares issuable upon
exercise of the PIPE Warrants, are subject to registration rights as described below.

The
PIPE Financing is expected to close substantially concurrently with the closing of the Business Combination, subject to the satisfaction
of customary closing conditions.

The
SPA, Registration Rights Agreement, and PIPE Warrants (the “ PIPE Agreements”), are attached hereto as Exhibits 10.1,
10.2, and 4.1, respectively, and are incorporated herein by reference.

Amended
and Restated PIPE Agreements

On
September 16, 2025, the Company, the Purchasers, and HCYC Holding Company (“ HCYC”) entered into an Amended and Restated Securities
Purchase Agreement, an Amended and Restated Registration Rights Agreement, and the PIPE Warrant. The purpose
of the amendments and restatements was to add HCYC as a party to the PIPE Agreements in order to amend and restate the securities purchase agreement and registration rights agreement between HCYC and the Purchasers and warrant, each
dated as of August 14, 2025.

The
Amended and Rest