Company: ATMCW
Filing Date: 2025-11-17
Form Type: DEFM14A
Source: 0001493152-25-023842
Chunk: 135

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-11-17
Form: DEFM14A
Chunk 135
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Nasdaq may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities and subject us to additional trading restrictions.

Our securities are listed on the Nasdaq Capital Market. As previously disclosed, on November 29, 2024, AlphaTime received the Initial Notice from the Staff of Nasdaq notifying AlphaTime that AlphaTime was not in compliance with the Minimum Public Holders Rule, which requires AlphaTime to have at least 400 total holders for continued listing on The Nasdaq Global Market. An indicator will be displayed with quotation information related to AlphaTime’s securities on listingcenter.nasdaq.com and may be displayed by other third-party providers of market data information, however, the Initial Notice did not impact the listing of AlphaTime’s securities on The Nasdaq Global Market. On January 16, 2025, AlphaTime submitted a plan to regain compliance with the Minimum Public Holders Rule.

As previously disclosed, on January 29, 2025, Nasdaq issued a notice granting AlphaTime an extension of time to regain compliance with Nasdaq Minimum Public Holders Rule for 180 calendar days, or until May 28, 2025. On June 3, 2025, AlphaTime received a letter from Nasdaq stating that AlphaTime had not regained compliance with the Minimum Public Holders Rule by May 28, 2025.

On June 6, 2025, AlphaTime submitted a hearing request to the Panel pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series to stay the suspension of the AlphaTime’s securities based on Nasdaq’s determination of noncompliance regarding the Minimum Public Holders Rule and the filing of the Form 25-NSE pending the Panel’s decision.

On April 17, 2025, AlphaTime received the Second Notice from the Listing Qualifications Department notifying AlphaTime that, for the last 30 consecutive business days, the MVLS of the Public Shares, has been below the minimum $50 million requirement for continued listing on The Nasdaq Global Market under the Minimum Market Value of Listed Securities Requirement. An indicator will be displayed with quotation information related to AlphaTime’s securities on listingcenter.nasdaq.com and may be displayed by other third-party providers of market data information, however, the Second Notice does not impact the listing of AlphaTime’s securities on The Nasdaq Capital Market at this time.

In accordance with Nasdaq Listing Rule 5810(c)(3)(A) and 581