Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1727

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1727
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    on our Ordinary Shares if declared, our ability to pay expenses, make capital expenditures and acquisitions, and fund other general
    corporate purposes;

    ●
    limitations
    on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate;

    ●
    increased
    vulnerability to adverse changes in general economic, industry and competitive conditions and adverse changes in government regulation;

    ●
    limitations
    on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions, debt service requirements, and execution
    of our strategy; and

    ●
    
    other
    disadvantages compared to our competitors who have less debt.

28

The
grant of registration rights to our founders may make it more difficult to complete our initial business combination, and the future
exercise of such rights may adversely affect the market price of our Ordinary Shares.

Pursuant
to an agreement to be entered into concurrently with the issuance and sale of the securities in our Initial Public Offering, our founders
and their permitted transferees can demand that we register their Founder Shares and Private Placement Units, after those shares convert
to our Ordinary Shares at the closing of our initial business combination. In addition, holders of our Private Placement Units and their
permitted transferees can demand that we register the Private Placement Units and/or the underlying securities, and holders of Units
that may be issued upon conversion of working capital loans may demand that we register such Units and/or underlying securities. We will
bear the cost of registering these securities. The registration and availability of such a significant number of securities for trading
in the public market may have an adverse effect on the market price of our Ordinary Shares. In addition, the existence of the registration
rights may make our initial business combination more costly or difficult to conclude. This is because the shareholders of the target
business may increase the equity stake they seek in the combined entity or ask for more cash consideration to offset the negative impact
on the market price of our Ordinary Shares that is expected when the Ordinary Shares and Private Placement Units owned by our founders
or holders of our working capital units or their respective permitted transferees are registered.

In
order to complete our initial business combination, we may seek to further amend our Third Amended and Restated Memorandum and Articles
of Association, as amended, or other governing instruments, including our warrant agreement or rights agreement, in a manner that will
make it easier for us to complete our initial business combination but that