AuditorApr 30, 2026, 04:33 PM
ALCY Amends 10-K to Correct Marcum Report Date
AI Summary
Alchemy Investments Acquisition Corp 1 filed an Amendment No. 1 on Form 10-K/A to its Annual Report for the fiscal year ended December 31, 2025. The amendment corrects an administrative error in the date of the Marcum LLP audit report for the fiscal year ended December 31, 2024. The filing also includes the consolidated financial statements, which show a net loss of $(1,098,247) for 2025 and a net income of $4,247,564 for 2024. Both CBIZ CPAs P.C. and Marcum LLP issued explanatory paragraphs regarding the Company's ability to continue as a going concern, citing the upcoming SPAC business combination deadline of September 9, 2026.
Key Highlights
- Amendment to 2025 Form 10-K corrects Marcum Report date.
- Marcum LLP report for fiscal year ended Dec 31, 2024, now has corrected date.
- Net loss of $(1,098,247) for the year ended Dec 31, 2025.
- Net income of $4,247,564 for the year ended Dec 31, 2024.
- Cash and cash equivalents at Dec 31, 2025, were $55,020.
- Investments in Trust Account at Dec 31, 2025, were $8,813,038.
- Auditors issued going concern warnings due to SPAC deadline (Sept 9, 2026).