Business
Cartiga to Go Public as a Leading Litigation Finance Asset Management Platform via Business Combination with Alchemy Investments Acquisition Corp 1
Transaction Positions Cartiga to Recognize Scale from Prior Technology Investments as well as to Bolster Strategic Acquisition Opportunities NEW YORK, Aug.
About this update from Alchemy Investments Acquisition Corp 1
[{"type":"text","content":"Transaction Positions Cartiga to Recognize Scale from Prior Technology Investments as well as to Bolster Strategic Acquisition Opportunities \nNEW YORK, Aug. 25, 2025 /PRNewswire/ -- Alchemy Investments Acquisition Corp 1 (\"Alchemy\") (Nasdaq: ALCY), a publicly traded special purpose acquisition company, today announced that it has entered into a definitive business combination agreement (the \"BCA\") with Cartiga, LLC (\"Cartiga\" and together with Alchemy, the \"Parties\"), a leading data driven, tech forward asset management platform for investing in legal claims and law firms.\n\nTransaction Highlights\nThe proposed business combination (the \"Business Combination\") is designed to leverage Cartiga's 20+ year investment track record, proprietary database of over 250,000 individual litigation-linked asset fundings diversified across 8,000+ unique lawyers and law firms, and over $20 million of IT and product development investments since 2020 and to position Cartiga to utilize public currency to drive growth and acquire complementary businessesThe Business Combination is subject to customary closing conditionsThe Board of Directors of Alchemy and Board of Managers of Cartiga have both unanimously approved the Business CombinationLeadership Commentary\nMr. Mattia Tomba, Co-CEO of Alchemy, said, \"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[i] 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.\"\nCartiga's CEO, Mr. Sam Wathen, remarked, \"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.\"\nAbout Cartiga, LLC\nCartiga is a leading data driven, tech forward asset management platform for investing in legal claims and law firms. Cartiga leverages proprietary data and advanced analytics to seek attractive risk adju...