Alchemy Investments Acquisition Corp 1.
ALCY.US | Activities of holding companies
Alchemy Investments Acquisition Corp 1 is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination ta...Show More
Better Health for All
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Alchemy Investments Acquisition Corp 1 (ALCY.US) is a special purpose acquisition company (SPAC) that has not yet completed a business combination. Its stated purpose is to acquire businesses, with an intent to focus on the financial services industry. The company has signed a non-binding Letter of Intent with Cartiga, LLC, a litigation finance company.
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All provided articles explicitly state that there is no data relevant to health outcomes, products, or services, indicating that the company's current activities have no direct positive or negative impact on health.
Fair Money & Economic Opportunity
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ALCY.US is a blank check company that has signed a non-binding letter of intent to combine with Cartiga, a litigation finance asset management platform
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. Litigation funders, such as Cartiga, charge plaintiffs usurious interest rates up to 200%.
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This indicates a very low level of pricing fairness. As litigation finance with such high APRs is the core business, the company derives a very high percentage of its revenue from these high-cost products. The company does not offer lending or deposit services to consumers, making the underserved client share KPI not applicable. There is no evidence regarding direct impact on customer credit or savings outcomes, profit reinvestment in community finance, or the operation of financial service access points.
Fair Pay & Worker Respect
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ALCY.US is a blank check company, and as such, most workforce-related metrics are not applicable due to its minimal direct operational staff. Alchemy, the sponsor, maintains a zero-tolerance policy towards slavery and human trafficking
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and does not invest in companies involved in harmful or exploitative forms of forced or child labor.
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No regulatory actions, violations, fines, or compliance issues are mentioned for ALCY.US itself.
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Fair Trade & Ethical Sourcing
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Alchemy Investments Acquisition Corp 1 (ALCY.US) is a blank check company (SPAC) formed to effect a business combination, primarily in the financial services industry.
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As such, it does not procure or trade physical commodities, nor does it have a supply chain that would require fair trade certifications, ethical sourcing audits, or traceability. The company has no exposure to upstream labor practices, material sourcing risks, or a procurement budget for physical goods relevant to fair trade and ethical sourcing.
Honest & Fair Business
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Alchemy Investments Acquisition Corp 1 (ALCY.US) maintains a comprehensive anti-bribery and corruption policy, last updated on May 16, 2023.
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This policy prohibits bribery, facilitation payments, and corruption by third parties, and includes provisions for risk assessments, due diligence, training, and reporting mechanisms.
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The company has not had any ethics-related regulatory fines reported in the past three years, nor have any financial restatements been mentioned over the last five years.
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However, its whistle-blower policy is described only as mentioning protection for those who raise concerns, indicating a basic level of detail without specifics on implementation or effectiveness.
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No scores from recognized transparency benchmarks or ESG controversy providers are available for ALCY.US.
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Kind to Animals
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The portfolio of ALCY.US includes companies that conduct animal testing, stating they uphold "highest ethical standards in animal care, including animal testing."
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This indicates that animal testing is permitted under vague ethical guidelines, rather than being prohibited or significantly restricted.
No War, No Weapons
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Alchemy Investments Acquisition Corp 1 (ALCY.US) is a Special Purpose Acquisition Company (SPAC) with no current business operations or revenue, reporting $0 million in revenues for the last 12 months.
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Its stated purpose is to effect a business combination, with an intended focus on deep technology, data analytics, or financial services.
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As the company has not yet acquired a target business, it has no direct involvement in activities related to arms manufacturing, military contracts, dual-use technologies, sales to embargoed regimes, or any other operations that would require policies or investments pertaining to war or weapons.
Planet-Friendly Business
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Alchemy Investments Acquisition Corp 1 (ALCY.US) is a blank check company with no current business operations. All provided articles explicitly state that planet-friendly business metrics are not applicable to its current state. There is no data available for any environmental performance or sustainability initiatives, nor are there any reported regulatory actions, violations, fines, or compliance issues related to environmental matters.
Respect for Cultures & Communities
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No sustainability data is available for ALCY.US.
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Therefore, no information regarding its respect for cultures and communities, including formal partnerships, community investments, cultural appropriation incidents, or cultural impact protocols, can be extracted.
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Safe & Smart Tech
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The provided articles discuss general cybersecurity due diligence in mergers and acquisitions (M&A), outlining key areas for assessment such as compliance standards
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, incident response
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, vulnerability management
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, and data management
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. However, none of the articles contain specific data, quantitative metrics, regulatory actions, certifications, or comparisons to industry benchmarks directly related to ALCY.US's own cybersecurity practices, data protection, or AI ethics. Therefore, there is no evidence to assess ALCY.US against the Safe & Smart Tech value's KPIs.
Zero Waste & Sustainable Products
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No information regarding ALCY.US's waste management, product sustainability, or zero-waste initiatives is available in the provided article. The article focuses on the company's stock offering and the addition of a new advisor.
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No metrics related to the requested sustainability categories are mentioned.
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