AlphaTime Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
October 03 2023 - 4:00PM
AlphaTime Acquisition Corp. (Nasdaq: ATMC, ATMCU, ATMCR, and ATMCW)
(the “
Company”), a special purpose acquisition
company, announced today that, on September 27, 2023, it notified
the trustee of the Company’s trust account that it was extending
the time available to the Company to consummate an initial business
combination from October 4, 2023 to January 4, 2024 (the
“
Extension”). The Extension is the first extension
of up to three extensions permitted under the Company’s governing
documents. In connection with such Extension, Alphamade Holding LP
(the “
Sponsor”) deposited an aggregate of
$690,000.00 into the Company’s trust account on September 27, 2023,
on behalf of the Company.
About AlphaTime Acquisition
Corp.
The Company is a blank check company whose
business purpose is to effect a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. While the Company
will not be limited to a particular industry or geographic region
in its identification and acquisition of a target company, the
Company intends to focus its search on businesses throughout
Asia.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the Company’s search for an initial business combination. No
assurance can be given as to the consummation of any business
combination or the terms thereof. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s registration statement and
prospectus for the initial public offering filed with the SEC.
Copies are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
Contact:
AlphaTime Acquisition
Corp.Email: target@alphatimespac.comTel.: (347) 627-0058
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