Here are the 10-Q quarterly 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-Q covers the quarterly report filed between annual reports, 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 reported a Q1 2026 net loss of $331,900 as it continues to search for a target and close its announced merger with Cartiga.
The SPAC held $8.96 million in its Trust Account and only $86,243 in cash outside the trust, resulting in a working capital deficit of $3.91 million and substantial doubt about its ability to continue as a going concern without completing a deal.
Alchemy has a Business Combination Agreement to acquire Cartiga at an equity value of $540 million using an Up‑C structure, with closing conditioned on shareholder approvals, a Nasdaq listing and at least $40 million of available closing cash unless waived. Sponsor loans totaled $2.0 million and the company continues making monthly deposits to extend its deadline to complete a transaction to September 9, 2026.
Alchemy Investments Acquisition Corp 1 (ALCY), a SPAC, reported a net loss of $341,897 for the quarter and $863,650 for the nine months ended September 30, 2025, compared with strong gains a year earlier driven by trust investment income. Operating and formation costs rose to $1.15 million for the nine-month period, while income from investments in the trust account dropped sharply.
At September 30, 2025, ALCY held $8.66 million of investments in its trust account and $319,258 of cash outside the trust, but faced a working capital deficit of about $3.0 million and a shareholders’ deficit of $8.1 million. Management disclosed substantial doubt about its ability to continue as a going concern, noting reliance on completing a business combination.
ALCY has signed a $540 million Business Combination Agreement with Cartiga, LLC, using an Up‑C structure with a new Delaware “Pubco” that will be renamed Cartiga Holdings, Inc. The deal requires, among other conditions, shareholder approvals, Nasdaq listing of the combined company, and at least $40 million of available closing cash, with sponsor share forfeitures possible if this cash condition is waived.