Periscope Capital Inc. Trims Holdings in Alchemy Investments Acquisition Corp 1 $ALCY

by · The Cerbat Gem

Periscope Capital Inc. decreased its holdings in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY – Free Report) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,000 shares of the company’s stock after selling 50,000 shares during the quarter. Periscope Capital Inc. owned about 1.19% of Alchemy Investments Acquisition Corp 1 worth $710,000 at the end of the most recent quarter.

Separately, Clear Street Group Inc. acquired a new stake in Alchemy Investments Acquisition Corp 1 during the third quarter worth $75,000. Institutional investors own 92.46% of the company’s stock.

Alchemy Investments Acquisition Corp 1 Price Performance

ALCY stock opened at $11.80 on Friday. The business has a fifty day moving average of $11.82 and a two-hundred day moving average of $11.90. Alchemy Investments Acquisition Corp 1 has a 52-week low of $10.25 and a 52-week high of $15.90.

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY – Get Free Report) last posted its earnings results on Thursday, May 21st. The company reported ($0.08) earnings per share (EPS) for the quarter.

About Alchemy Investments Acquisition Corp 1

(Free Report)

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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