Alchemy Investments Acquisition Corp 1 1Q 2026: Net income $(331,900), EPS $(0.08) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Alchemy Investments Acquisition Corp 1 reported a net loss of $(331,900) for Q1 2026, with diluted EPS at $(0.08). The company, a blank-check SPAC, has no operating revenues and is focused on completing a business combination in deep tech. It signed a definitive agreement with Cartiga, LLC in August 2025. IPO proceeds remain in trust as the company continues its search for targets.
Alchemy Investments Acquisition Corp 1 reported a net loss for the first quarter of 2026, reflecting continued pre-combination activity and no operating revenues as the blank-check company advances its search and recently signed a definitive business combination agreement.
Financial Highlights
- Net income was $(331,900) for Q1 2026, versus $(301,497) in Q1 2025.
- Diluted earnings per share was $(0.08) for Q1 2026, versus $(0.07) in Q1 2025.
Business Highlights
- Business model: The company remains a blank-check SPAC focused on identifying and completing an initial business combination in deep tech.
- Operational activity: No operating revenues; activities were limited to financing, organizational setup and search/due diligence for targets.
- Capital deployment: IPO proceeds remain placed in a trust; additional funds were deposited to extend the combination deadline and continue the search.
- Milestone: In August 2025 the company entered a definitive business combination agreement with Cartiga, LLC as the proposed target.
Original SEC Filing: Alchemy Investments Acquisition Corp 1 [ ALCYF ] - 10-Q - May. 21, 2026