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Alphatime Acquisition Corp(ATMCU) - 2025 Q3 - Quarterly Report
2025-11-18 22:16
Financial Performance - For the three months ended September 30, 2025, the company reported a net income of $165,713, with $1,227 from formation and operating costs offset by $164,486 from investment income [115]. - For the nine months ended September 30, 2025, the company had a net income of $156,367, consisting of a loss of $472,179 from formation and operating costs, offset by $628,546 from investment income [115]. IPO and Fundraising - The company completed its IPO on January 4, 2023, raising gross proceeds of $60,000,000 from 6,000,000 units sold at $10.00 per unit [117]. - The Company raised a total of $3,705,000 from the sale of 370,500 Private Placement Units at $10.00 per unit on January 4, 2023 [137]. - An additional $9,000,000 was generated from the underwriters exercising their over-allotment option by purchasing 900,000 Units at $10.00 per unit on January 6, 2023 [138]. Trust Account and Cash Management - Following the IPO, the company held $70,242,000 in a Trust Account, with $16,023,769 in marketable securities as of September 30, 2025 [119]. - In connection with the second shareholder meeting, approximately $38,852,320.60 was redeemed from the Trust Account, leaving approximately $15,240,284 remaining [126]. - The net proceeds from the IPO are invested in U.S. government treasury securities, minimizing exposure to interest rate risk [130]. Business Combination and Extensions - The company has extended the deadline for completing a business combination to October 4, 2025, with provisions for up to nine one-month extensions [125]. - The Company extended the deadline for its initial business combination from October 4, 2023, to January 4, 2024, by depositing $690,000 into the Trust Account [141]. - The Company entered into a Merger Agreement on January 5, 2024, to merge with HCYC Group Company Limited, pending shareholder approval [128]. Related Party Transactions and Fees - As of September 30, 2025, the Company had outstanding amounts due to related parties of $784,700 [142]. - The Company recorded an administration fee of $30,000 for both the three months ended September 30, 2025, and 2024 [143]. - The Company has outstanding loan amounts of $1,262,500 against a promissory note issued to the Sponsor for the extension of the business combination period [141]. Equity and Shareholder Information - The Company issued an additional 287,500 ordinary shares to the Sponsor for no additional consideration, increasing the total founder shares to 1,725,000 [131]. - The Company accounts for ordinary shares subject to possible redemption at a redemption value of $10.91 per share, classified as temporary equity [151]. - The underwriters were granted a 45-day option to purchase up to 900,000 additional Units, which they exercised in full, resulting in a deferred commission of $2,415,000 payable from the Trust Account upon completion of the initial business combination [144]. Advisory and Off-Balance Sheet Arrangements - The Company engaged TenX Global Capital LP as an advisor for the Initial Public Offering and business combination, assisting in various preparatory activities [147]. - The Company has no off-balance sheet arrangements or commitments as of September 30, 2025 [149]. - The Company has not incurred any advisory service fees for both the three and nine months ended September 30, 2025, and 2024 [148].
Alphatime Acquisition Corp(ATMCU) - 2025 Q2 - Quarterly Report
2025-08-13 00:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) | Cayman Islands | N/A | | --- | --- | | (State or O ...
Alphatime Acquisition Corp(ATMCU) - 2025 Q1 - Quarterly Report
2025-05-20 20:48
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 New York, NY 10110 N/A (Address of principal executive offices) (zip code) (347) 627-0058 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of r ...
Alphatime Acquisition Corp(ATMCU) - 2024 Q4 - Annual Report
2025-04-15 20:15
ALPHATIME ACQUISITION CORP FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the year ended December 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the transition period from to Washington, D.C. 20549 Commission File Number 001-41584 (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction of Incorporation) ...
Alphatime Acquisition Corp(ATMCU) - 2024 Q3 - Quarterly Report
2024-11-19 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) | --- | --- | --- | |-------------------------- ...
Alphatime Acquisition Corp(ATMCU) - 2024 Q2 - Quarterly Report
2024-08-14 20:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction of I ...
Alphatime Acquisition Corp(ATMCU) - 2024 Q1 - Quarterly Report
2024-05-20 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction of ...
Alphatime Acquisition Corp(ATMCU) - 2023 Q4 - Annual Report
2024-04-15 21:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the year ended December 31, 2023 Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction of Incorporation) (I.R.S. Employer Identification No.) 500 5 Avenue, Suite 938 New York, NY 10110 N/A (Address of principal executive offices) ...
Alphatime Acquisition Corp(ATMCU) - 2023 Q3 - Quarterly Report
2023-11-13 21:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction ...
Alphatime Acquisition Corp(ATMCU) - 2023 Q2 - Quarterly Report
2023-08-11 20:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41584 ALPHATIME ACQUISITION CORP (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or Other Jurisdiction of I ...