SCHEDULE 13G/A: Wolverine Entities Disclose 1.94% Passive Stake in Alchemy Investments Acquisition Corp 1

Wolverine Asset Management LLC and affiliated entities have filed an amended Schedule 13G, disclosing a beneficial ownership of 1.94% in Alchemy Investments Acquisition Corp 1's Class A Ordinary Shares as of December 31, 2024.

Summary

• Wolverine Asset Management LLC, Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick have jointly filed an amended Schedule 13G.
• The filing reports beneficial ownership of 88,071 Class A Ordinary Shares of Alchemy Investments Acquisition Corp 1.
• This stake represents 1.94% of the Issuer's outstanding Class A Ordinary Shares, calculated based on 4,532,462 shares as of November 13, 2024, as reported in the Issuer's Form 10-Q for September 30, 2024.
• The reporting persons collectively hold shared voting and dispositive power over these 88,071 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It is a neutral regulatory update.

Future Outlook

NA

Industry Context

Schedule 13G filings are routine disclosures by passive investors who own more than 5% of a company's stock, or by certain institutional investors (like investment advisers) who own more than 5% but are not seeking to influence control. This specific filing, an amendment, indicates a continued or updated passive stake by Wolverine Asset Management and its affiliates in Alchemy Investments Acquisition Corp 1, a Special Purpose Acquisition Company (SPAC). Such filings provide transparency into significant ownership positions, which can be of interest to other investors tracking institutional holdings.

Related Party Transactions

• Wolverine Flagship Fund Trading Limited is identified as having the right to receive dividends or proceeds from the sale of the shares beneficially owned by Wolverine Asset Management LLC, indicating a relationship within the Wolverine group of entities regarding the economic interest in these shares.

Stakeholder Impact

• Shareholders of Alchemy Investments Acquisition Corp 1 gain transparency into the ownership structure, specifically the passive stake held by Wolverine Asset Management and its affiliated entities, which can influence perceptions of institutional interest in the company.

Key Dates

Keywords

Alchemy Investments Acquisition Corp 1, Wolverine Asset Management, Schedule 13G, beneficial ownership, Class A Ordinary Shares, SEC filing, investment adviser, holding company, passive investment