Alchemy Investments Acquisition Corp 1 Announces Pricing of $100 Million Initial Public Offering

NEW YORK, May 5, 2023 /PRNewswire/ --  Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) (the "Company"), a blank check company formed for the purpose of entering into a business combination with one or more businesses, priced its initial public offering of 10,000,000 units at a price of $10.00 per unit on May 4, 2023. The units will be listed on the Nasdaq Global Market ("Nasdaq") and trade under the ticker symbol "ALCYU" beginning May 5, 2023. Each unit consists of one Class A ordinary share of the Company and one-half of one warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq under the symbols "ALCY" and "ALCYW," respectively.