Alchemy Investments To Merge With Cartiga In SPAC Deal

Transaction Positions Cartiga to Recognize Scale from Prior Technology Investments as well as to Bolster Strategic Acquisition Opportunities

NEW YORK, Aug. 25, 2025 /PRNewswire/ -- Alchemy Investments Acquisition Corp 1 ("Alchemy") (NASDAQ:ALCY), a publicly traded special purpose acquisition company, today announced that it has entered into a definitive business combination agreement (the "BCA") with Cartiga, LLC ("Cartiga" and together with Alchemy, the "Parties"), a leading data driven, tech forward asset management platform for investing in legal claims and law firms.

Transaction Highlights

• The proposed business combination (the "Business Combination") is designed to leverage Cartiga's 20+ year investment track record, proprietary database of over 250,000 individual litigation-linked asset fundings diversified across 8,000+ unique lawyers and law firms, and over $20 million of IT and product development investments since 2020 and to position Cartiga to utilize public currency to drive growth and acquire complementary businesses
• The Business Combination is subject to customary closing conditions
• The Board of Directors of Alchemy and Board of Managers of Cartiga have both unanimously approved the Business Combination