Alchemy Investments Acquisition Corp 1 to Delist from Nasdaq on May 14th, Will Not Appeal

summarizeSummary

Alchemy Investments Acquisition Corp 1 announced it will be delisted from Nasdaq on May 14, 2026, due to its failure to complete a business combination within the required timeframe, and the company will not appeal the decision.

check_boxKey Events

• Nasdaq Delisting Confirmed

  Alchemy Investments Acquisition Corp 1 will be delisted from The Nasdaq Stock Market, LLC, with trading suspended at the opening of business on May 14, 2026.

• No Appeal Filed

  The company explicitly stated it will not appeal Nasdaq's determination, making the delisting definitive.

• Failure to Complete Business Combination

  The delisting is a direct result of the company's failure to complete an initial business combination within 36 months of its IPO registration statement becoming effective on May 4, 2023.

• Transition to OTC Market

  The company expects its securities to commence trading on the over-the-counter market on May 14, 2026, following the Nasdaq suspension.

auto_awesomeAnalysis

This filing confirms Alchemy Investments Acquisition Corp 1's imminent delisting from Nasdaq, effective May 14, 2026. The company explicitly stated it will not appeal Nasdaq's determination, signaling a definitive move off the exchange. This follows the company's failure to complete a business combination within 36 months of its IPO, a critical requirement for SPACs. While the company expects to trade on the over-the-counter market, the delisting from a major exchange typically results in reduced liquidity and investor interest, significantly impacting the company's profile and future capital-raising capabilities. This event is a major negative development, especially given the prior 'going concern' warning in its recent 10-K.