Alchemy Investments Acquisition Corp 1 has reported its financial results for the second quarter of 2025, revealing a net loss of $220,257 for the three months ending June 30, 2025, compared to a net income of $1,313,741 during the same period in 2024. The company’s operating costs increased to $321,051 from $279,191 year-over-year, while gains from investments held in the Trust Account significantly decreased to $126,034 from $1,591,454. For the six months ended June 30, 2025, the net loss was $521,753, contrasting with a net income of $2,727,570 for the same period in 2024.
The company’s total assets as of June 30, 2025, amounted to $12,503,259, up from $12,098,428 at the end of 2024. This increase was primarily driven by a rise in investments held in the Trust Account, which grew to $12,252,250 from $11,851,808. However, total liabilities also increased significantly to $7,931,442 from $7,004,857, largely due to a rise in current liabilities, which included a promissory note to a related party that increased to $1,130,000 from $530,000.
In terms of operational metrics, the company reported a working capital deficit of $2,505,433 as of June 30, 2025, with cash and cash equivalents outside the Trust Account totaling $161,205. The company has not yet commenced any operations and continues to seek a target for its initial business combination. As of June 30, 2025, there were 4,532,462 Class A ordinary shares and one Class B ordinary share outstanding, with 1,061,963 Class A shares subject to possible redemption.
Looking ahead, Alchemy Investments Acquisition Corp 1 has until September 9, 2025, to complete its initial business combination, following an extension approved by shareholders. The company has expressed substantial doubt about its ability to continue as a going concern, given its current cash position and ongoing operational costs. Management plans to address this uncertainty through the successful closing of a business combination, although there is no assurance that this will occur within the extended timeframe.
About Alchemy Investments Acquisition Corp 1
Alchemy Investments Acquisition Corp 1 is a Cayman Islands-based blank check company formed to complete a business combination, primarily targeting deep technology firms focused on data analytics. It seeks companies involved in acquiring, processing, and utilizing data across sectors like remote sensing, telecommunications, environmental monitoring, and data science. The company offers a public listing platform to facilitate capital access, growth, and liquidity for target businesses through mergers or acquisitions.
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