AlphaTime Acquisition Corp (NasdaqGM:ATMC) agreed to acquire HCYC WEALTH MANAGEMENT COMPANY LIMITED for $96.75 on January 5, 2024. The consideration will be $96.75 out of which 16.125 will be paid in the form of earnout and $80.625 in the form of common equity. The transaction is subject to regulatory approval and respective shareholder approval by the shareholders of ATMC and the shareholders of HCYC.

The SEC shall have declared the Registration Statement effective. SPAC shall have at least $5.000001 of net tangible assets remaining immediately after the Closings. PubCo will qualify as a foreign private issuer.

The transaction is expected to be consummated in early 2024. Michael J. Blankenship, Dean Hinderliter and Louis Savage of Winston & Strawn LLP, Han Kun Law Offices LLP and Ogier are serving as legal advisors to AlphaTime Acquisition Corp (NasdaqGM:ATMC). Cassi Olson of Celine & Partners PLLC is serving as legal advisor to HCYC.