--- title: "ALCHEMY INVTS ACQUISITION CORP 1 C/WTS 30/11/2027 (TO PUR ORD) | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/283993705.md" datetime: "2026-04-24T11:41:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283993705.md) - [en](https://longbridge.com/en/news/283993705.md) - [zh-HK](https://longbridge.com/zh-HK/news/283993705.md) --- # ALCHEMY INVTS ACQUISITION CORP 1 C/WTS 30/11/2027 (TO PUR ORD) | 10-K: FY2025 Revenue: USD 0 Revenue: As of FY2025, the actual value is USD 0. EPS: As of FY2025, the actual value is USD -0.25. EBIT: As of FY2025, the actual value is USD -1.306 M. #### Overview ALCHEMY INVESTMENTS ACQUISITION CORP 1 operates as a single reportable segment and has not engaged in any operations or generated operating revenues to date, nor does it expect to until after completing its initial business combination. #### Net Income (Loss) - For the year ended December 31, 2025, the company reported a net loss of - $1,098,247. - For the year ended December 31, 2024, the company reported a net income of $4,247,564. #### Operating and Formation Costs - Operating and formation costs were $1,429,215 for the year ended December 31, 2025. - Operating and formation costs were $1,192,408 for the year ended December 31, 2024. #### Gain on Investments Held in Trust Account - The gain on investments held in Trust Account was $454,060 for the year ended December 31, 2025. - The gain on investments held in Trust Account was $5,454,963 for the year ended December 31, 2024. #### Dividend Income - Dividend income was $11,239 for the year ended December 31, 2025. - Dividend income was $12,981 for the year ended December 31, 2024. #### Interest Expense - Related Party - Interest expense related to related parties was - $134,331 for the year ended December 31, 2025. - Interest expense related to related parties was - $27,972 for the year ended December 31, 2024. #### Cash Flow from Operating Activities - Net cash used in operating activities was - $1,306,154 for the year ended December 31, 2025. - Net cash used in operating activities was - $658,568 for the year ended December 31, 2024. #### Cash Redemption from Trust Account - Cash redemption from the Trust Account was $3,791,334 for the year ended December 31, 2025. - Cash redemption from the Trust Account was $114,357,720 for the year ended December 31, 2024. #### Net Cash from Financing Activities - Net cash provided by financing activities was $1,180,000 for the year ended December 31, 2025. - Net cash used in financing activities was - $113,827,720 for the year ended December 31, 2024. #### Investments Held in Trust Account - Investments held in Trust Account totaled $8,813,038 as of December 31, 2025. - Investments held in Trust Account totaled $11,851,808 as of December 31, 2024. #### Cash and Cash Equivalents (Outside Trust Account) - Cash and cash equivalents outside the Trust Account were $55,020 as of December 31, 2025. - Cash and cash equivalents outside the Trust Account were $181,174 as of December 31, 2024. #### Working Capital Deficit - As of December 31, 2025, the company had a working capital deficit of - $3,434,050. #### Class A Ordinary Shares Subject to Possible Redemption - As of December 31, 2025, there were 737,543 Class A ordinary shares subject to possible redemption, with a value of $11.81 per share. - As of December 31, 2024, there were 1,061,963 Class A ordinary shares subject to possible redemption, with a value of $10.98 per share. #### Deferred Underwriting Fee Payable - Deferred underwriting fees payable remained at $5,175,000 as of both December 31, 2025, and 2024. #### Promissory Note - Related Party - The outstanding balance under promissory notes from related parties was $1,710,000 as of December 31, 2025. - The outstanding balance under promissory notes from related parties was $530,000 as of December 31, 2024. #### Outlook / Guidance ALCHEMY INVESTMENTS ACQUISITION CORP 1 entered into a Business Combination Agreement with Cartiga, LLC on August 22, 2025, with an expected closing in the first quarter of 2026, subject to shareholder approval and customary conditions. The company faces substantial doubt about its ability to continue as a going concern due to insufficient cash outside the trust account and the necessity of completing a business combination by September 9, 2026. Monthly deposits to the trust account are required for any extensions to this deadline. ### Related Stocks - [ALCYW.US](https://longbridge.com/en/quote/ALCYW.US.md) - [ALCWF.US](https://longbridge.com/en/quote/ALCWF.US.md) ## Related News & Research - [SpaceX eyes Nasdaq debut on June 12: report](https://longbridge.com/en/news/286604312.md) - [SpaceX sets June 12 Nasdaq debut at $1.75T valuation](https://longbridge.com/en/news/286637079.md) - [SpaceX sets June 12 IPO aiming for record $75B raise](https://longbridge.com/en/news/286631582.md) - [Schwab's $12 Trillion AI Push Targets Less-Affluent Clients](https://longbridge.com/en/news/286353250.md) - [15:12 ETSHAREHOLDER ALERT: The M&A Class Action Firm Launches Legal Inquiry for the Merger--WSR, GDOT, UNF, and GNL](https://longbridge.com/en/news/285984605.md)