Cartiga to Go Public via Business Combination with Alchemy Investments Acquisition Corp.

Cartiga, a leading litigation finance asset management platform, is set to go public through a business combination with Alchemy Investments Acquisition Corp. The deal positions Cartiga to recognize scale from prior technology investments and bolster strategic acquisition opportunities. Cartiga's data-driven, tech-forward approach aims to revolutionize the legal claims and law firm investing landscape.

New York, July 2, 2025 — Alchemy Investments Acquisition Corp 1 (Nasdaq: ALCY), a publicly traded special purpose acquisition company, has announced a definitive business combination agreement with Cartiga, LLC, a leading data-driven, tech-forward asset management platform for investing in legal claims and law firms. This strategic move positions Cartiga to leverage its extensive investment track record and proprietary database to drive growth and acquire complementary businesses.

Key Highlights of the Business Combination

- Leverage Technology Investments: Cartiga, with over 20 years of investment experience, has deployed more than $1.6 billion in legal sector investments and participated in matters generating in excess of $20 billion in estimated settlement values. The proposed business combination aims to scale this success by utilizing public currency to drive growth and acquisition opportunities [1].
- Data-Driven Approach: Cartiga's proprietary database, comprising over 250,000 individual litigation-linked asset fundings diversified across 8,000+ unique lawyers and law firms, will be a key asset in the combined entity. This data-driven approach is expected to revolutionize the legal claims and law firm investing landscape [1].
- Strategic Acquisition Opportunities: The business combination will enable Cartiga to bolster its strategic acquisition opportunities, positioning it to capitalize on the growing opportunities in the legal services sector, a market representing approximately $300 billion in GDP [1].
- Public Market Access: By going public, Cartiga will gain access to public markets, allowing it to leverage its data platform and market distribution to accelerate growth, expand its product suite, and deepen its capital and service-based partnerships with law firms [1].

Leadership Commentary

Mattia Tomba, Co-CEO of Alchemy, commented on the significance of the deal, stating, "At Alchemy, we specialize in unlocking under-explored private-credit opportunities and delivering capital solutions that help companies scale and, when appropriate, access the public markets. We believe Cartiga is exceptionally well situated to capitalize on growing opportunities to invest in the legal services sector, a $300bn+ market representing ~1.4% GDP which has historically been underpenetrated by traditional sources of capital. We look forward to supporting Cartiga as it pursues its next phase as a public company."

Sam Wathen, CEO of Cartiga, added, "Accessing the public markets in partnership with Alchemy will position us to leverage our data platform and market distribution to accelerate growth, expand our product suite, and deepen our capital and service-based partnerships with law firms."

Forward-Looking Statements

The business combination is subject to customary closing conditions, including regulatory approvals and shareholder votes. The transaction is expected to provide substantial growth opportunities for Cartiga, but it is also subject to various risks and uncertainties, including the possibility of regulatory hurdles, competition, and changes in market conditions [1].

About the Companies

- Cartiga, LLC: A leading data-driven, tech-forward asset management platform for investing in legal claims and law firms, with over 20 years of investment experience and a proprietary database of over 250,000 individual litigation-linked asset fundings [1].
- Alchemy Investments Acquisition Corp 1: A special purpose acquisition company (SPAC) incorporated under the laws of the Cayman Islands, focused on acquiring, processing, analyzing, and utilizing data from various systems and sources [1].

References

[1] https://www.prnewswire.com/news-releases/cartiga-to-go-public-as-a-leading-litigation-finance-asset-management-platform-via-business-combination-with-alchemy-investments-acquisition-corp-1-302537763.html