ALPHATIME ACQUISITION CORP 8-K

What Happened

• AlphaTime Acquisition Corp (the “Company”) announced that, following a shareholder vote on December 16, 2025, it has amended its trust agreement and charter to extend the deadline to complete a business combination (SPAC combination) from January 4, 2026 up to three one‑month extensions, moving the latest possible date to April 4, 2026. The Trust Agreement Amendment with Equiniti Trust Company, LLC was entered on December 16, 2025 and the charter amendment was adopted on December 17, 2025.

Key Details

• Shareholder votes (Dec 16, 2025): Proposal to amend charter and proposal to amend trust agreement each passed with 1,748,629 FOR, 177,510 AGAINST, 0 ABSTAIN. An adjournment proposal also passed but was not needed.
• Extension mechanics: Up to three one‑month extensions (each extension = 1 month) may be effected by giving five days’ advance notice to the trustee and depositing $1 per extension into the Trust Account. Extensions can extend the termination date to, at most, April 4, 2026.
• Financial obligation: The $1 deposit per extension is provided in exchange for a non‑interest bearing, unsecured promissory note payable upon consummation of a business combination (this creates a direct financial obligation disclosed in the filing).
• Redemption and trust balance: Holders redeemed 69 ordinary shares for a total of approximately $854.22 (about $12.38 per share). After that redemption, about $4,800,479.09 remains in the Trust Account and the company has 2,169,476 ordinary shares outstanding.

Why It Matters

• The extension gives AlphaTime more time to find and close a business combination, which could increase the chance of completing a deal before the new April 4, 2026 deadline.
• Investors should note the minimal economic cost per extension (a $1 deposit per extension in exchange for a promissory note), but also that the promissory note is unsecured and non‑interest bearing and becomes payable only if and when a business combination is consummated.
• The trust account cash level and the small redemption reported are concrete short‑term metrics investors can watch; the remaining trust balance (~$4.8M) and the terms of any future deals will affect shareholder outcomes.