Alchemy Investments Acquisition Corp 1 Reports Unregistered Sales
Ticker: ALCYW · Form: 8-K · Filed: Oct 28, 2024 · CIK: 1901336
| Field | Detail |
|---|---|
| Company | Alchemy Investments Acquisition CORP 1 (ALCYW) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: unregistered-sales, equity-securities, spac
TL;DR
Alchemy Investments Acquisition Corp 1 sold units with shares & warrants on 10/25.
AI Summary
Alchemy Investments Acquisition Corp 1 filed an 8-K on October 28, 2024, reporting unregistered sales of equity securities on October 25, 2024. The filing details units consisting of Class A ordinary shares and redeemable warrants, with warrants exercisable at $11.50.
Why It Matters
This filing indicates the issuance of new equity securities, which could impact the company's capital structure and shareholder dilution.
Risk Assessment
Risk Level: medium — Unregistered sales can sometimes indicate a need for capital or a private placement, which may carry specific risks for investors.
Key Numbers
- 001-41699 — SEC File Number (Identifier for the company's filings with the SEC.)
Key Players & Entities
- Alchemy Investments Acquisition Corp 1 (company) — Registrant
- October 25, 2024 (date) — Date of earliest event reported
- $11.50 (dollar_amount) — Warrant exercise price
FAQ
What type of securities were sold in the unregistered offering?
The filing indicates that units were sold, each consisting of one Class A ordinary share and one-half of one redeemable warrant.
What is the exercise price for the redeemable warrants?
The redeemable warrants are exercisable for one Class A ordinary share at an exercise price of $11.50.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 25, 2024.
What is the company's charter state of incorporation?
The company is incorporated in the Cayman Islands.
What is the SIC code for Alchemy Investments Acquisition Corp 1?
The Standard Industrial Classification (SIC) code is 6770, which corresponds to Blank Checks.
Filing Stats: 602 words · 2 min read · ~2 pages · Grade level 14.5 · Accepted 2024-10-25 18:17:17
Key Financial Figures
- $0.0001 — LLC Class A Ordinary Share, par value $0.0001 per share ALCY The Nasdaq Stock Mar
- $11.50 — able for one Class A Ordinary Share for $11.50 per share ALCYW The Nasdaq Stock Ma
Filing Documents
- tm2426906d1_8k.htm (8-K) — 29KB
- 0001104659-24-111552.txt ( ) — 258KB
- alcy-20241025.xsd (EX-101.SCH) — 4KB
- alcy-20241025_def.xml (EX-101.DEF) — 27KB
- alcy-20241025_lab.xml (EX-101.LAB) — 37KB
- alcy-20241025_pre.xml (EX-101.PRE) — 26KB
- tm2426906d1_8k_htm.xml (XML) — 8KB
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities. On October 22, 2024, Alchemy Investments Acquisition Corp 1 (the " Company ") issued an aggregate of 2,874,999 shares of its Class A ordinary shares, par value $0.0001 per share (" Class A Shares ") to Alchemy Deeptech Capital LLC, the sponsor of the Company (" Sponsor "), and the holder of the Company's Class B ordinary shares, par value $0.0001 per share (" Class B Shares "), upon the conversion of an equal number of Class B Shares (the " Conversion "). The 4,874,999 Class A Shares issued in connection with the Conversion are subject to the same restrictions as applied to the Class B Shares before the Conversion, including, among other things, certain transfer restrictions, waiver of redemption rights and the obligation to vote in favor of an initial business combination as described in the prospectus for our initial public offering. Following the Conversion, there are 14,970,499 Class A Shares and one Class B Share issued and outstanding. The issuance of Class A Shares upon the Conversion has not been registered under the Securities Act of 1933, as amended, in reliance on the exemption from registration provided by Section 3(a)(9) thereof. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALCHEMY INVESTMENTS ACQUISITION CORP 1 Dated: October 25, 2024 By: /s/ Mattia Tomba Name: Mattia Tomba Title: Co-Chief Executive Officer