AlphaTime shares surge 465.38% premarket after approving complex merger with HCYC.

AlphaTime surged 465.38% in premarket trading following the announcement of a complex merger plan involving the company’s subsidiaries and HCYC, which will become a wholly-owned subsidiary of PubCo. The approval of these mergers, a significant corporate restructuring event, likely signaled strategic value creation and operational consolidation, driving investor optimism. While other reports highlighted a sharp after-hours rally in Alphatime Acquisition Corp (ATMC.US), the entity and ticker differ from AlphaTime, rendering those updates unrelated. The merger-related news directly aligns with the observed premarket price movement.