other material
confidence high
sentiment neutral
materiality 0.55
Alchemy evaluating PIPE to support Cartiga deal; Cartiga closes new fund
Alchemy Investments Acquisition Corp 1
- Alchemy evaluating potential PIPE to support proposed business combination with Cartiga; no definitive agreements yet.
- Cartiga completed first close of LBS Income Fund on March 10, anchored by a global alternative asset manager.
- Fund provides institutional investors exposure to Cartiga's litigation finance origination platform (consumer and commercial).
- Cartiga CEO says public listing via Alchemy and prospective PIPE will position for growth in litigation finance sector.