Alchemy Investments Acquisition Corp 1 (ALCY) is soliciting shareholder votes at an annual general meeting on September 4, 2025 to consider three proposals: a special resolution to extend the date to complete an initial business combination from September 9, 2025 on a month-to-month basis up to September 9, 2026; ratification of CBIZ CPAs P.C. as auditor for the fiscal year ending December 31, 2025; and an adjournment proposal.
The extension would permit the Sponsor, Alchemy DeepTech Capital LLC, to deposit the lesser of $0.03 per non‑redeemed Public Share or $30,000 per one‑month extension period into the Company’s trust account, repayable upon consummation of a business combination. The proxy discloses that IPO and private placement proceeds of $116,725,000 were placed in the trust, that approximately $114,357,720 was removed for prior redemptions leaving approximately $11,634,723 in the trust, and that on the record date there were 4,532,462 Class A Shares and 1 Class B Share outstanding. Public shareholders retain redemption rights if the Extension Proposal is approved.