Alpine Global Management LLC Takes Position in Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY)

Alpine Global Management LLC acquired a new stake in shares of Alchemy Investments Acquisition Corp 1 (NASDAQ:ALCY - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 145,662 shares of the company's stock, valued at approximately $1,595,000. Alpine Global Management LLC owned approximately 3.22% of Alchemy Investments Acquisition Corp 1 at the end of the most recent quarter.

Separately, Decagon Asset Management LLP purchased a new stake in Alchemy Investments Acquisition Corp 1 in the 4th quarter worth about $143,000. Institutional investors and hedge funds own 92.46% of the company's stock.

Alchemy Investments Acquisition Corp 1 Stock Performance

ALCY stock opened at $11.38 on Friday. The firm has a 50 day simple moving average of $11.31 and a 200 day simple moving average of $11.12. Alchemy Investments Acquisition Corp 1 has a 52 week low of $10.61 and a 52 week high of $13.14.

Alchemy Investments Acquisition Corp 1 Company Profile

Alchemy Investments Acquisition Corp 1, a special purpose acquisition company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It plans to focus on companies acquiring, processing, analysing, and utilizing data acquired from various systems and sources.