Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1800

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1800
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 internal control of any such entity to
achieve compliance with the Sarbanes-Oxley Act may increase the time and costs necessary to complete any such acquisition.

Provisions
in our Third Amended and Restated Memorandum and Articles of Association, as amended, may inhibit a takeover of us, which could limit
the price investors might be willing to pay in the future for our Ordinary Shares and could entrench management.

Our
Third Amended and Restated Memorandum and Articles of Association, as amended, contains provisions that may discourage unsolicited takeover
proposals that shareholders may consider to be in their best interests. These provisions include a staggered Board and the ability of
the Board to designate the terms of and issue new series of preferred shares, which may make the removal of management more difficult
and may discourage transactions that otherwise could involve payment of a premium over prevailing market prices for our securities.

68

We
may not hold an annual meeting of shareholders until after the consummation of our initial business combination, which could delay the
opportunity for our shareholders to elect directors.

In
accordance with NASDAQ corporate governance requirements, we are not required to hold an annual meeting until no later than one year
after our first fiscal year end following our listing on NASDAQ. There is no requirement under the Companies Act for us to hold annual
or general meetings to appoint directors. Until we hold an annual general meeting, public shareholders may not be afforded the opportunity
to discuss company affairs with management. Our Board is divided into three classes with only one class of directors being appointed
in each year and each class (except for those directors appointed prior to our first annual general meeting) serving a three-year term.
In addition, as holders of our Ordinary Shares, our public shareholders will not have the right to vote on the appointment of directors
until after the consummation of our initial business combination. Accordingly, you may not have any say in the management of our company
prior to the consummation of an initial business combination.

ITEM
1B. UNRESOLVED STAFF COMMENTS

Not
applicable.

ITEM
1C. CYBERSECURITY

We
are a special purpose acquisition company with no business operations. Since our IPO, our sole business activity has been identifying
and evaluating suitable acquisition transaction candidates. Therefore, we do not consider that we face significant cybersecurity risk.

We
have not adopted any cybersecurity risk management program or formal processes for assessing cybersecurity risk. Our management is generally
res