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Cartiga to Go Public as a Leading Litigation Finance Asset Management Platform via Business Combination with Alchemy Investments Acquisition Corp 1
Prnewswireยท 2025-08-25 20:30
Company Overview - Alchemy Investments Acquisition Corp 1 ("Alchemy") is a publicly traded special purpose acquisition company (SPAC) focused on completing business combinations with companies that process, analyze, and utilize data [6] - Cartiga, LLC ("Cartiga") is a leading data-driven asset management platform specializing in investing in legal claims and law firms, leveraging proprietary data and advanced analytics [4] Transaction Details - Alchemy has entered into a definitive business combination agreement with Cartiga, which aims to enhance Cartiga's growth and strategic acquisition opportunities [1] - The proposed business combination is designed to leverage Cartiga's 20+ year investment track record and proprietary database of over 250,000 litigation-linked asset fundings [9] Market Opportunity - The legal services sector is valued at over $300 billion, representing approximately 1.4% of GDP, and has been historically underpenetrated by traditional capital sources [3] - Cartiga has deployed more than $1.6 billion in legal sector investments, participating in matters generating over $20 billion in estimated settlement values [4] Leadership Insights - Alchemy's Co-CEO, Mattia Tomba, emphasized the potential for Cartiga to capitalize on growing opportunities in the legal services sector [3] - Cartiga's CEO, Sam Wathen, noted that accessing public markets will allow the company to accelerate growth and expand its product offerings [3]