Alchemy Investments Acquisition Corp 1(NASDAQ) ALCY

Alchemy is a special purpose acquisition company, or SPAC, that does not sell products or services. Its main goal is to merge with or acquire a business, especially one focused on data. Alchemy helps private companies become public without a traditional initial public offering.

What’s in the Alchemy Toolbox?

• Business Combinations: Seeks to merge with or acquire a private company.
• Trust Account Management: Holds investor funds in secure accounts until a deal is completed.
• Capital Raising: Raises money through its own public listing to fund future acquisitions.
• Target Focus: Looks for companies that work with data from many sources.
• Shareholder Protections: Returns funds to investors if no deal is completed by a set deadline.

Alchemy’s Growth Spells: Key Moves

• Formed in 2021 as a SPAC to pursue business combinations.
• Listed on NASDAQ in July 2023 to raise capital for acquisitions.
• Signed a business combination agreement with Cartiga, LLC in August 2025.
• Extended its deadline for completing a deal to September 2025, with monthly trust deposits.

Why Alchemy Isn’t Your Average Shell

Alchemy’s structure lets it pool investor funds and target data-focused businesses. Its trust account protects investors until a merger is completed. The company’s flexible mandate allows it to consider targets in any industry or location.

Five Things You Need to Know

• No revenue reported for Q2 2025, unchanged from previous years.
• Net loss was $220,257 in Q2 2025, down from net income of approximately $1.3 million in Q2 2024.
• Cash outside the trust account was $161,205 as of June 30, 2025.
• Must complete a merger by September 2025 or return funds to shareholders.

Bottom Line

Alchemy is a SPAC focused on merging with a data-driven business. Its future depends on completing a deal before its deadline.