Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.08) EPS for the quarter, FiscalAI reports.
Alchemy Investments Acquisition Corp 1 Price Performance
NASDAQ:ALCY opened at $11.70 on Friday. The firm’s 50 day moving average is $11.83 and its 200 day moving average is $11.91. Alchemy Investments Acquisition Corp 1 has a 12 month low of $10.25 and a 12 month high of $15.90.
Institutional Investors Weigh In On Alchemy Investments Acquisition Corp 1
Hedge funds and other institutional investors have recently bought and sold shares of the business. Polar Asset Management Partners Inc. raised its holdings in Alchemy Investments Acquisition Corp 1 by 1.4% during the 4th quarter. Polar Asset Management Partners Inc. now owns 101,434 shares of the company’s stock valued at $1,441,000 after acquiring an additional 1,434 shares during the period. Calamos Advisors LLC raised its holdings in Alchemy Investments Acquisition Corp 1 by 37.8% during the 1st quarter. Calamos Advisors LLC now owns 68,913 shares of the company’s stock valued at $814,000 after acquiring an additional 18,913 shares during the period. Finally, Clear Street Group Inc. raised its holdings in Alchemy Investments Acquisition Corp 1 by 131.6% during the 4th quarter. Clear Street Group Inc. now owns 15,000 shares of the company’s stock valued at $213,000 after acquiring an additional 8,524 shares during the period. Institutional investors own 92.46% of the company’s stock.
Alchemy Investments Acquisition Corp 1 Company Profile
Alchemy Investments Acquisition Corp 1 is a special purpose acquisition company (SPAC) formed under Delaware law in 2021 with the primary objective of effecting a merger, share exchange, asset acquisition or similar business combination. The company completed its initial public offering on the Nasdaq under the ticker ALCY, offering units that consist of one share of common stock and one-half of a redeemable warrant. As a blank‐check entity, Alchemy Investments Acquisition Corp 1 does not have any operations or revenues of its own but is dedicated to identifying and acquiring one or more businesses.
The sponsor of the company, Alchemy Investments, LLC, is an investment management firm headquartered in New York.
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