Separate Trading of its Class A Ordinary Shares and
Warrants
NEW YORK, June 26, 2023 /PRNewswire/ -- Alchemy Investments
Acquisition Corp 1 (NASDAQ: ALCYU) (the "Company") announced today
that, commencing June 26, 2023,
holders of the units sold in the Company's initial public offering
of 11,500,000 units (the "Units"), completed on May 9, 2023, may elect to separately trade the
Class A ordinary shares and warrants included in the Units. Those
Units not separated will continue to trade on the Nasdaq Global
Market (the "Nasdaq") under the symbol "ALCYU," and the Class A
ordinary shares and warrants that are separated will trade on the
Nasdaq under the symbols "ALCY" and "ALCYW," respectively. No
fractional warrants will be issued upon separation of the Units and
only whole warrants will trade. Holders of Units will need to have
their brokers contact Continental Stock Transfer & Trust
Company, the Company's transfer agent, in order to separate the
Units into Class A ordinary shares and warrants.
The Units were initially offered by the Company in an
underwritten offering. Cantor Fitzgerald & Co. acted as sole
book-running manager for the offering. A registration statement
relating to the Units and the underlying securities was declared
effective by the Securities and Exchange Commission (the "SEC") on
May 4, 2023.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The offering was made only by means of a prospectus, copies of
which may be obtained for free by visiting EDGAR on the SEC's
website at www.sec.gov. Alternatively, copies of the final
prospectus related to the offering may be obtained from: Cantor
Fitzgerald & Co., Attn: Capital Markets Department, 499 Park
Avenue, 5th Floor, New York, New
York 10022, email: prospectus@cantor.com.
Addition of Advisor to the Company
The Company also announced that Sheikha
Noor will be joining its team as an advisor.
Sheikha Noor Al Thani is the
founder and managing partner of The Private Investment Office, a
GCC based family office since 2017. Prior to her role with The
Private Investment Office, Ms. Noor served, from 2008 to 2017, as
Finance Manager at Qatar Sovereign Fund (Qatari Diar). Ms. Noor
received a higher bachelor's in accounting and finance in 2008 from
CBE College, Qatar University.
About Alchemy Investments Acquisition Corp 1
Alchemy Investments Acquisition Corp 1 is a blank check
company formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses or
entities. Alchemy Investments Acquisition Corp 1 may pursue an
initial business combination opportunity in any industry or
geographical location.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
'forward-looking statements'. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company's registration statement and
prospectus for the Company's offering filed with the Securities and
Exchange Commission ("SEC"). Copies are available on the SEC's
website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
For more information, contact:
info@alchemyinvest.co
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