AlphaTime shares surge 502.56% premarket after shareholder approval of HCYC merger and NASDAQ listing transition.

AlphaTime Acquisition Corp (ATMC) surged 502.56% in premarket trading following shareholder approval of its merger with HCYC Holding Company, a Hong Kong insurance brokerage. The merger, set to create a publicly traded entity under the ticker "HCYC" on NASDAQ, was unanimously approved, with the combined company gaining strategic access to HCYC's 13-year insurance expertise and institutional investor appeal. The catalyst aligned with bullish sentiment as the deal unlocks growth potential through expanded client services and public market visibility, despite regulatory and dilution risks. Pre-market volatility was amplified by a share consolidation and reduced float post-redemptions, concentrating speculative flows around the merger's execution certainty.