Melar Acquisition Corp. I/Cayman Files 8-K

TL;DR

Melar Acquisition Corp. I/Cayman filed an 8-K on June 27th for an event on June 20th.

AI Summary

Melar Acquisition Corp. I/Cayman filed an 8-K on June 27, 2024, reporting an event on June 20, 2024. The filing is related to 'Other Events' and 'Financial Statements and Exhibits'. The company's principal executive offices are located at 119 West 23rd Street, Suite 206, New York, NY 10011.

Why It Matters

This 8-K filing indicates a significant event or update for Melar Acquisition Corp. I/Cayman, requiring disclosure to investors and the public.

Risk Assessment

Risk Level: low — The filing is a standard 8-K disclosure and does not inherently indicate significant financial risk.

Key Players & Entities

• Melar Acquisition Corp. I/Cayman (company) — Registrant
• June 20, 2024 (date) — Earliest event reported
• June 27, 2024 (date) — Filing date
• 119 West 23rd Street, Suite 206, New York, New York 10011 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.0001 — LC Class A ordinary shares, par value $0.0001 per share MACI The Nasdaq Stock Mar
• $11.50 — ordinary share at an exercise price of $11.50 per share MACIW The Nasdaq Stock Ma
• $10.00 — hare. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to
• $160,000,000 — rating gross proceeds to the Company of $160,000,000. Simultaneously with the closing of th
• $1.00 — he underwriters, at a purchase price of $1.00 per Private Placement Warrant, generati
• $5,000,000 — rating gross proceeds to the Company of $5,000,000. A total of $160,000,000, or $10.00 pe
• $157,000,000 — 0,000, or $10.00 per Unit, comprised of $157,000,000 of the net proceeds from the IPO (which
• $6,600,000 — eds from the IPO (which amount includes $6,600,000 of the underwriters’ deferred dis
• $3,000,000 — erwriters’ deferred discount) and $3,000,000 of the proceeds of the sale of the Priv

Filing Documents

• tm2418121d1_8k.htm (8-K) — 20KB
• tm2418121d1_ex99-1.htm (EX-99.1) — 138KB
• 0001104659-24-075257.txt ( ) — 158KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): June 20, 2024 Melar Acquisition Corp. I (Exact name of registrant as specified in its charter) Cayman Islands 001-42134 87-1634103 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 119 West 23rd Street, Suite 206 New York, New York 10011 (Address of principal executive offices, including Registrant’s telephone number, including area code: (702) 781-1120 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class to be so registered Trading Symbol(s) Name of each exchange on which each class is to be registered Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant MACIU The Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 per share MACI The Nasdaq Stock Market LLC Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share MACIW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company x If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 8.01. Other Events. On June 20, 2024, Melar Acquisition Corp. I (the “Company”) consummated its initial public offering (“IPO”) of 16,000,000 units (the “Units”), including the issuance of 1,000,000 Units as a result of the underwriters’ partial exercise of their over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-half of one redeemable warrant of the Company (each, a “Warrant”), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $160,000,000. Simultaneously with the closing of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 5,000,000 warrants (the “Private Placement Warrants”) to Melar Acquisition Sponsor I LLC, the Company’s sponsor, and the underwriters, at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $5,000,000. A total of $160,000,000, or $10.00 per Unit, comprised of $157,000,000 of the net proceeds from the IPO (which amount includes $6,600,000 of the underwriters’ deferred discount) and $3,000,000 of the proceeds of the sale of the Private Placement Warrants, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of June 20, 2024 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Audited Balance Sheet as of June 20, 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MELAR ACQUISITION CORP. I Date: June 26, 2024 By: /s/ Gautam Ivatury Name: Gautam Ivatury Title: Chief Executive Officer

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