Here are the 10-K annual reports from Alchemy Investments Acquisition Corp 1 (ALCY) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ALCY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALCY filings page.
Alchemy Investments Acquisition Corp 1 filed an amended annual report to correct the date of a prior Marcum LLP audit opinion, while re-presenting its full 2025 financial statements and SPAC disclosures.
For 2025, the SPAC reported a net loss of $1.1 million versus prior-year profit of $4.2 million, with $8.8 million held in its trust account and only $55,020 of cash outside the trust. Auditors included a going concern paragraph, citing a $3.4 million working capital deficit and reliance on completing a business combination by September 9, 2026.
The filing details a proposed Business Combination Agreement with Cartiga, LLC, valuing Cartiga at $540 million and using an Up‑C structure in which Pubco (to be renamed Cartiga Holdings, Inc.) will be the public parent and Cartiga will remain the operating partnership. Closing conditions include at least $40 million of “Available Closing Buyer Cash,” Nasdaq listing approval, and multiple shareholder and member votes. Extensive ancillary agreements, including lock‑ups, a tax receivable agreement and a shareholders agreement granting significant governance rights to key investors, would govern the post‑closing structure.
Alchemy Investments Acquisition Corp 1 is a Cayman Islands blank check company that has not begun operations or generated revenue and is seeking an initial business combination, focusing on deep technology and data analytics sectors.
On August 22, 2025, it signed a Business Combination Agreement with Cartiga, LLC, though there is no assurance the deal will close. Shareholders approved extensions allowing completion of a business combination up to September 9, 2026, funded by monthly deposits into the trust account.
Large redemptions in 2024 and 2025 reduced the public float and trust balance, leaving approximately $8,813,038 in the trust account as of December 31, 2025 and 4,208,042 Class A and 1 Class B ordinary share outstanding as of April 8, 2026. If no business combination is completed by the deadline, public shares will be redeemed, with an expected per-share redemption around $10.15, and the SPAC will liquidate.