AlphaTime Acquisition Corp Shareholders Approve Merger Agreement With HCYC Group

On December 5, 2025, AlphaTime Acquisition Corp, a Cayman Islands exempted company ("AlphaTime") held an extraordinary general meeting of shareholders (the "Meeting"), at which holders of 2,254,597 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), were present in person or by proxy, representing approximately 98.0% of the voting power of the 2,551,636 issued and outstanding Ordinary Shares entitled to vote at the Meeting as of the close of business on November 7, 2025, which was the record date for the Meeting.

At the Meeting, AlphaTime shareholders approved a proposal to approve by ordinary resolution and adopt the Agreement and Plan of Merger dated as of January 5, 2024, as amended on August 19, 2024, (the "Merger Agreement") by and among AlphaTime, HCYC Holding Company, a Cayman Islands exempted company ("PubCo"), ATMC Merger Sub 1 Limited, a Cayman Islands exempted company and a wholly-owned subsidiary of PubCo ("Merger Sub 1"), ATMC Merger Sub 2 Limited, a Cayman Islands exempted company and a wholly-owned subsidiary of PubCo ("Merger Sub 2"), and HCYC Merger Sub Limited, a Cayman Islands exempted company and a wholly-owned subsidiary of PubCo ("Merger Sub 3"), and HCYC Group Company Limited, Cayman Islands exempted company ("HCYC") and the transactions contemplated thereunder.