M&A
confidence high
sentiment neutral
materiality 0.70
Alchemy SPAC signs non-binding LOI with Cartiga for litigation finance combination
Alchemy Investments Acquisition Corp 1
- Cartiga has $1.6B lifetime originations and $1.6B cash realizations since 2000, with $250M committed equity capital.
- Proprietary database covers over 250,000 litigation fundings across 8,000+ lawyers and law firms.
- Combined company would list on Nasdaq; Cartiga plans to consolidate fragmented litigation finance market.
- Transaction is non-binding; definitive agreement, shareholder approvals, and regulatory conditions still required.