ALCYW

Alchemy Investments Acquisition Corp 1 (ALCYW) represents the warrant component of a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses. The SPAC is sponsored by Alchemy Capital Management and focuses on identifying potential target companies primarily in the technology, media, and telecommunications sectors. Each warrant entitles the holder to purchase one share of common stock at a specified exercise price, typically $11.50 per share, subject to adjustment. The warrants generally become exercisable 30 days after the completion of an initial business combination and expire five years following the combination or upon earlier redemption. Alchemy Investments Acquisition Corp 1 raised capital through its initial public offering to fund its search for a suitable acquisition target. The company maintains a trust account holding the proceeds from its IPO until a business combination is completed or the SPAC is liquidated. As with all SPACs, the entity operates under a defined time frame to complete a business combination, typically within 18 to 24 months of its IPO. The warrant structure allows investors to participate in potential upside following a successful merger while maintaining separate tradability from the underlying common shares.