<span item_type="fundamental" item_id="0756b6ddce7a2b3ff3156137e794b8d2" counter_id="ST/US/ALCYW" env="prod"></span><span item_type="announcement" item_id="635792838558877313" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 0.</p><p>EPS: As of FY2025, the actual value is USD -0.25.</p><p>EBIT: As of FY2025, the actual value is USD -1.306 M.</p><p></p><h4>Overview</h4><p>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></p><h4>Net Income (Loss)</h4><ul><li>For the year ended December 31, 2025, the company reported a net loss of - $1,098,247.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>For the year ended December 31, 2024, the company reported a net income of $4,247,564.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Operating and Formation Costs</h4><ul><li>Operating and formation costs were $1,429,215 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Operating and formation costs were $1,192,408 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Gain on Investments Held in Trust Account</h4><ul><li>The gain on investments held in Trust Account was $454,060 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>The gain on investments held in Trust Account was $5,454,963 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Dividend Income</h4><ul><li>Dividend income was $11,239 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Dividend income was $12,981 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Interest Expense - Related Party</h4><ul><li>Interest expense related to related parties was - $134,331 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Interest expense related to related parties was - $27,972 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Cash Flow from Operating Activities</h4><ul><li>Net cash used in operating activities was - $1,306,154 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Net cash used in operating activities was - $658,568 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Cash Redemption from Trust Account</h4><ul><li>Cash redemption from the Trust Account was $3,791,334 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Cash redemption from the Trust Account was $114,357,720 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Net Cash from Financing Activities</h4><ul><li>Net cash provided by financing activities was $1,180,000 for the year ended December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Net cash used in financing activities was - $113,827,720 for the year ended December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Investments Held in Trust Account</h4><ul><li>Investments held in Trust Account totaled $8,813,038 as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Investments held in Trust Account totaled $11,851,808 as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Cash and Cash Equivalents (Outside Trust Account)</h4><ul><li>Cash and cash equivalents outside the Trust Account were $55,020 as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>Cash and cash equivalents outside the Trust Account were $181,174 as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Working Capital Deficit</h4><ul><li>As of December 31, 2025, the company had a working capital deficit of - $3,434,050.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Class A Ordinary Shares Subject to Possible Redemption</h4><ul><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Deferred Underwriting Fee Payable</h4><ul><li>Deferred underwriting fees payable remained at $5,175,000 as of both December 31, 2025, and 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Promissory Note - Related Party</h4><ul><li>The outstanding balance under promissory notes from related parties was $1,710,000 as of December 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li><li>The outstanding balance under promissory notes from related parties was $530,000 as of December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></li></ul><h4>Outlook / Guidance</h4><p>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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span> 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.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span> Monthly deposits to the trust account are required for any extensions to this deadline.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1901336/000110465926041050/alcy-20251231x10k.htm"></span></p>

ALCHEMY INVTS ACQUISITION CORP 1 C/WTS 30/11/2027 (TO PUR ORD) | 10-K: FY2025 Revenue: USD 0