Company: ATMCW
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004801
Chunk: 1710

Company: ALPHATIME ACQUISITION CORP
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 1710
---
 claims they may have in the future as a result of, or arising out of,
any negotiations, contracts or agreements with us and will not seek recourse against the Trust Account for any reason. Upon redemption
of our Public Shares, if we are unable to complete our Business Combination within the prescribed timeframe, or upon the exercise of
a redemption right in connection with our Business Combination, we will be required to provide for payment of claims of creditors that
were not waived that may be brought against us within the 10 years following redemption. Accordingly, the per-share redemption amount
received by public shareholders could be less than the $10.18 per share initially held in the Trust Account, due to claims of such creditors.
Our Sponsor has agreed that it will be liable to us if and to the extent any claims by a vendor for services rendered or products sold
to us, or a prospective target business with which we have discussed entering into a transaction agreement, reduce the amount of funds
in the Trust Account to below (i) $10.18 per public share or (ii) such lesser amount per public share held in the Trust Account as of
the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net of the interest
which may be withdrawn to pay taxes. This liability will not apply with respect to any claims by a third party who executed a waiver
of any and all rights to seek access to the Trust Account and except as to any claims under our indemnity of the underwriters of our
Initial Public Offering against certain liabilities, including liabilities under the Securities Act. Moreover, in the event that an executed
waiver is deemed to be unenforceable against a third party, then our Sponsor will not be responsible to the extent of any liability for
such third-party claims. We have not independently verified whether our Sponsor has sufficient funds to satisfy its indemnity obligations
and believe that our Sponsor’s only assets are securities of our Company. We have not asked our Sponsor to reserve for such indemnification
obligations. Therefore, we cannot assure you that our Sponsor would be able to satisfy those obligations. As a result, if any such claims
were successfully made against the Trust Account, the funds available for our initial business combination and redemptions could be reduced
to less than $10.18 per public share. In such event, we may not be able to complete our initial business combination, and you would receive
such lesser amount per share in connection