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Alchemy Investments Acquisition Corp 1 files initial public offering

By Stephen Nakrose

The blank check company Alchemy Investments Acquisition Corp. 1 filed a $100 million initial public offering with the U.S. Securities and Exchange Commission on Friday.

The company said that for its first business combination, it intends to “look at deep technology with an emphasis on data analytics.”

The company also said, “We plan to focus on companies that collect, process, analyze and leverage data that comes from a variety of systems and sources.”

The company said its sponsor is Alchemy DeepTech Capital LLC, a subsidiary of Alchemy Investment Management.

Alchemy Investment Acquisition said it intends to apply for a listing on the Nasdaq Global Market under the symbol ALCYU.

Cantor is listed as the sole book-running manager of the offering.

Write to Stephen Nakrosis at [email protected]

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