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AlphaTime Acquisition Corp. ( (ATMC) ) just unveiled an update.
On December 16–17, 2025, AlphaTime Acquisition Corp. obtained shareholder approval to amend both its Investment Management Trust Agreement and its charter to extend the deadline for completing a business combination beyond the original January 4, 2026 termination date. The new structure allows up to three one‑month extensions, potentially pushing the deadline to April 4, 2026, contingent on the company providing advance notice to the trustee and making a nominal $1 deposit into the trust account for each monthly extension in exchange for a non‑interest‑bearing, unsecured promissory note. All proposals put to vote at the December 16, 2025 extraordinary general meeting, including the extension amendments and an adjournment proposal, passed with a significant majority of votes cast, while redemptions were minimal, with holders of only 69 ordinary shares electing to redeem, removing about $854 from the trust account and leaving roughly $4.8 million and 2,169,476 ordinary shares outstanding. The approvals effectively give AlphaTime additional time and financial flexibility to secure a business combination while preserving most of the capital in trust, which is a key consideration for remaining shareholders and potential merger targets.
More about AlphaTime Acquisition Corp.
AlphaTime Acquisition Corp. is a special purpose acquisition company (SPAC) formed to consummate a business combination, holding investors’ funds in a trust account while it seeks a suitable target to merge with and take public.
Average Trading Volume: 34,419
Technical Sentiment Signal: Buy
For detailed information about ATMC stock, go to TipRanks’ Stock Analysis page.