8-KFiled Sep 8, 8:00 PM ET

Alchemy Investments Acquisition Corp 1 Extends SPAC Combination Deadline

$ALCYF · Alchemy Investments Acquisition Corp 1

Research Summary

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Alchemy Investments Acquisition Corp 1 Extends SPAC Combination Deadline

What Happened

  • On September 8, 2026, Alchemy Investments Acquisition Corp 1 (ALCYF) held its annual meeting and filed an 8‑K reporting that shareholders approved an amendment to its Amended and Restated Memorandum and Articles of Association to permit the company to extend its deadline to complete a business combination from September 9, 2026 to September 9, 2027 on a month‑to‑month basis. The board may elect to extend in its sole discretion by depositing into the trust account the lesser of $30,000 or $0.03 per non‑redeemed public Class A share per month. Shareholders also ratified CBIZ CPAs P.C. as the company’s independent registered public accounting firm for fiscal 2026.

Key Details

  • Record date: July 21, 2026; total outstanding shares: 4,208,043 (4,208,042 Class A; 1 Class B).
  • Votes represented at the meeting: 3,935,274 shares (≈93.52% of outstanding).
  • Extension amendment vote: 3,726,693 FOR, 6,412 AGAINST, 0 abstain.
  • Auditor ratification: 3,935,274 FOR, 0 AGAINST, 0 abstain.
  • Trust account custodian: Continental Stock Transfer & Trust Company; extension funding = lesser of $30,000 or $0.03 per non‑redeemed public Class A share per month.

Why It Matters

  • The approved amendment gives the SPAC up to one additional year (to Sept 9, 2027) to complete a business combination, extending its lifespan and providing more time to find and close a deal.
  • Funding the extensions requires monthly deposits into the trust account, which reduces the trust assets available to public shareholders (i.e., potential redemption proceeds) by the deposited amount.
  • Ratification of the auditor is a routine governance item that maintains continuity in financial oversight.