AlphaTime Acquisition Corp and HCYC Holding Company announced the effectiveness of their business combination registration statement.
Quiver AI Summary
AlphaTime Acquisition Corp and HCYC Holding Company announced that their registration statement for a proposed business combination has become effective. Following the merger, the new entity will operate as HCYC Holding Company and plans to list its shares on NASDAQ under the ticker symbol 'HCYC'. The registration statement, which contains important details about the business combination and upcoming shareholder vote, is available on the SEC's website. AlphaTime, a special purpose acquisition company, seeks to merge with businesses, primarily focusing on opportunities in Asia, while HCYC operates as an insurance brokerage in Hong Kong through its subsidiary, HCYC Wealth Management (ASIA) Company Limited, leveraging partnerships with various insurance firms to deliver tailored services to clients. The press release includes forward-looking statements and cautions that actual outcomes may differ from current expectations due to inherent risks.
Potential Positives
- The effective registration statement marks a significant step towards the completion of the proposed business combination, highlighting progress in AlphaTime Acquisition Corp's corporate strategy.
- Upon closing, the combined company will operate under the name HCYC Holding Company and intends to list on NASDAQ, which could enhance visibility and attract more investors.
- HCYC’s established operations in Hong Kong and partnerships with reputable insurance companies provide a solid foundation for future growth and competitive advantage in the insurance brokerage market.
Potential Negatives
- The press release primarily focuses on the completion of the registration statement and proposed business combination, which may indicate a lack of substantial operational updates or progress on key metrics.
- The description of AlphaTime as a "blank check company" might raise concerns about the company's long-term strategy and reliability in delivering value post-merger.
- The mention of forward-looking statements highlights inherent risks and uncertainties associated with the business combination, which could create skepticism among investors regarding the potential success of the merger.
FAQ
What is the primary focus of AlphaTime Acquisition Corp?
AlphaTime Acquisition Corp aims to effect mergers and acquisitions across various industries, with a focus on businesses in Asia.
What does HCYC Holding Company do?
HCYC Holding Company operates as an intermediary insurance brokerage through its subsidiary, HCYC Asia, providing customized insurance solutions.
When did the Registration Statement for the business combination become effective?
The Registration Statement for the proposed business combination became effective on December 4, 2025.
What ticker symbol will the combined company trade under?
The combined company will trade under the ticker symbol 'HCYC' on the NASDAQ Stock Exchange.
Where can investors find more information about the business combination?
Investors can access detailed information about the business combination on the SEC's website at www.sec.gov.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ATMC Hedge Fund Activity
We have seen 4 institutional investors add shares of $ATMC stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POLAR ASSET MANAGEMENT PARTNERS INC. removed 150,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $1,948,500
- WOLVERINE ASSET MANAGEMENT LLC removed 108,667 shares (-59.2%) from their portfolio in Q3 2025, for an estimated $1,411,584
- METEORA CAPITAL, LLC removed 33,932 shares (-22.2%) from their portfolio in Q3 2025, for an estimated $440,776
- CLEAR STREET LLC added 28,844 shares (+90.6%) to their portfolio in Q2 2025, for an estimated $340,359
- TORONTO DOMINION BANK removed 28,631 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $371,916
- QUARRY LP removed 25,313 shares (-50.0%) from their portfolio in Q3 2025, for an estimated $328,815
- WARBERG ASSET MANAGEMENT LLC removed 18,876 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $245,199
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
New York, NY, Dec. 04, 2025 (GLOBE NEWSWIRE) -- AlphaTime Acquisition Corp (NASDAQ: ATMC) (the “Company” or “AlphaTime”), a special purpose acquisition company, and HCYC Holding Company (“HCYC”), an intermediary insurance brokerage company, today announced the registration statement on Form F-4, as amended (the “Registration Statement”), in connection with the previously announced proposed business combination (the “Business Combination”), became effective.
Upon the closing of the Business Combination, the combined company will operate under the name HCYC Holding Company and intends to list its ordinary shares on the NASDAQ Stock Exchange under the ticker symbol ‘HCYC’.
The Registration Statement, which includes the proxy statement/prospectus, provides detailed information regarding the proposed Business Combination and the related shareholder vote, and is available on the U.S. Securities and Exchange Commission’s (“SEC”) website at www.sec.gov .
About AlphaTime Acquisition Corp
AlphaTime Acquisition Corp 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.
About HCYC Holding Company
HCYC conducts its insurance brokerage operations through its subsidiary, namely, HCYC Wealth Management (ASIA) Company Limited, a company formed under the laws of Hong Kong (“HCYC Asia”). HCYC Asia has been in Hong Kong for a period of thirteen years. HCYC Asia holds a professional insurance brokerage license, allowing it to operate within Hong Kong's insurance sector.
HCYC Asia partners with multiple insurance companies, such as AXA China Region Insurance Co Ltd, AIA International Limited, Prudential Hong Kong Limited, FTLife Insurance Company Limited. HCYC actively leverages the resources and technological expertise of these business partners, with the aim of delivering professional, customized, and value-added services to both individual and corporate clients. HCYC believes this approach provides them, and HCYC Hong Kong, with a distinct advantage in the marketplace.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts, including but not limited to statements regarding future plans, expectations, or objectives of the Company. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties are discussed in the Company’s filings with the SEC. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
For investor and media inquiries, please contact:
Gan Kim Hai
Chief Executive Officer
[email protected]
