Alchemy Investments Acquisition Corp 1 $ALCY Shares Sold by Periscope Capital Inc.

Periscope Capital Inc. decreased its holdings in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) by 50.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 50,000 shares of the company’s stock after selling 50,000 shares during the quarter. Periscope Capital Inc.’s holdings in Alchemy Investments Acquisition Corp 1 were worth $710,000 at the end of the most recent quarter.

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

Alchemy Investments Acquisition Corp 1 Price Performance

Shares of NASDAQ ALCY opened at $11.80 on Friday. Alchemy Investments Acquisition Corp 1 has a twelve month low of $10.25 and a twelve month high of $15.90. The stock has a fifty day simple moving average of $11.82 and a 200-day simple moving average of $11.90.

Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY) last issued its quarterly earnings data on Thursday, May 21st. The company reported ($0.08) earnings per share for the quarter.

Alchemy Investments Acquisition Corp 1 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.