other material
confidence high
sentiment neutral
materiality 0.60
AlphaTime shareholders approve extension to Jan 2026; ~918K shares redeemed for $11.4M
ALPHATIME ACQUISITION CORP
- Shareholders approved charter and trust agreement amendments to extend business combination deadline up to Jan 4, 2026 with up to three monthly extensions.
- Each monthly extension requires a $55,000 deposit into the trust account; promissory note issued for deposits.
- Holders of 917,814 shares redeemed ~$11.36M from trust ($12.38/share), leaving ~$4.73M in trust.
- Post-redemption, 2,551,636 ordinary shares outstanding as of Oct 1, 2025.