Melar Acquisition Corp. I/Cayman Files 8-K
Ticker: MACIU · Form: 8-K · Filed: Oct 3, 2025 · CIK: 2016221
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
Melar Acquisition Corp. I/Cayman signed a material agreement and took on debt on 9/29/25.
AI Summary
Melar Acquisition Corp. I/Cayman filed an 8-K on October 3, 2025, reporting a material definitive agreement and a direct financial obligation as of September 29, 2025. The filing includes financial statements and exhibits related to these events.
Why It Matters
This 8-K filing indicates Melar Acquisition Corp. I/Cayman has entered into a significant agreement and incurred a financial obligation, which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and a financial obligation, which are significant events for a company and warrant closer examination.
Key Players & Entities
- Melar Acquisition Corp. I/Cayman (company) — Registrant
- September 29, 2025 (date) — Date of earliest event reported
- October 3, 2025 (date) — Filing date
FAQ
What is the nature of the material definitive agreement entered into by Melar Acquisition Corp. I/Cayman?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into as of September 29, 2025.
What is the nature of the direct financial obligation or off-balance sheet arrangement?
The filing states that a direct financial obligation or an obligation under an off-balance sheet arrangement was created, but does not provide specific details about its nature or amount.
What specific financial statements and exhibits are included with this 8-K filing?
The filing indicates that financial statements and exhibits are included, but the specific content is not detailed in the provided text.
What is the SIC code for Melar Acquisition Corp. I/Cayman?
The Standard Industrial Classification (SIC) code for Melar Acquisition Corp. I/Cayman is 6770, which corresponds to BLANK CHECKS.
When is Melar Acquisition Corp. I/Cayman's fiscal year end?
Melar Acquisition Corp. I/Cayman's fiscal year ends on December 31st.
Filing Stats: 2,425 words · 10 min read · ~8 pages · Grade level 16.2 · Accepted 2025-10-03 16:10:35
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
- $10,000,000 — deadline for Everli to procure at least $10,000,000 in Bridge Financing (as defined in the
- $1,250,000 — the aggregate principal amount of up to $1,250,000. On September 29, 2025, the parties to
- $3,250,000 — increase the principal amount to up to $3,250,000. A copy of the Second Amendment to Eve
Filing Documents
- tm2527872d1_8k.htm (8-K) — 53KB
- tm2527872d1_ex2-1.htm (EX-2.1) — 16KB
- tm2527872d1_ex10-1.htm (EX-10.1) — 26KB
- tm2527872d1_ex10-2.htm (EX-10.2) — 6KB
- 0001104659-25-096653.txt ( ) — 334KB
- maci-20250929.xsd (EX-101.SCH) — 4KB
- maci-20250929_def.xml (EX-101.DEF) — 27KB
- maci-20250929_lab.xml (EX-101.LAB) — 38KB
- maci-20250929_pre.xml (EX-101.PRE) — 25KB
- tm2527872d1_8k_htm.xml (XML) — 7KB
01 Entry into
Item 1.01 Entry into a Material Definitive Agreement. First Amendment to Merger Agreement As previously disclosed, on July 30, 2025, Melar Acquisition Corp. I, a Cayman Islands exempted company (together with its successors, "Melar) entered into an Agreement and Plan of Merger (the "Merger Agreement") with MAC I Merger Sub Inc., a Nevada corporation and a wholly-owned subsidiary of Melar, Everli Global Inc., a Nevada corporation (together with its successors, the "Everli"), Melar Acquisition Sponsor I LLC, a Delaware limited liability company (the "Sponsor"), in the capacity thereunder as the representative for the shareholders of the Melar (other than the Escrowed Seller (as defined below) and his successors and assigns) from and after the closing (the "Closing") of the transactions contemplated by the Merger Agreement (collectively, the "Business Combination"), and Salvatore Palella (the "Escrowed Seller"). On October 2, 2025, the parties to the Merger Agreement entered into the First Amendment to Agreement and Plan of Merger (the "First Amendment to Merger Agreement"), pursuant to which, the deadline for Everli to procure at least $10,000,000 in Bridge Financing (as defined in the Merger Agreement), the failure of which entitles Everli to terminate the Merger Agreement, has been extended from September 30, 2025 to October 21, 2025. A copy of the First Amendment to Merger Agreement is filed as Exhibit 2.1 to this Current Report on Form 8-K and is incorporated herein by reference, and the foregoing description of the First Amendment to Merger Agreement is qualified in its entirety by reference thereto. Everli Note As previously disclosed, Melar entered into an Amended and Restated Secured Promissory Note and Pledge Agreement, dated as of August 18, 2025 and amended on September 12, 2025 (the "Everli Note"), with Everli, and a certain stockholder of Everli (the "Pledging Stockholder") for the aggregate principal amount of up to $1,250,000. On September 29,
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 2.1+ First Amendment to Agreement and Plan of Merger, dated as of October 2, 2025, by and among Melar Acquisition Corp. I, MAC I Merger Sub Inc., Everli Global Inc., Melar Acquisition Sponsor I LLC and Salvatore Palella. 10.1+ Second Amendment to Amended and Restated Secured Promissory Note and Pledge Agreement, dated as of September 29, 2025, by and among Melar Acquisition Corp. I, Everli Global Inc. and a certain stockholder of Everli Global Inc. 10.2 Second Amendment to Amended and Restated Promissory Note, issued on September 29, 2025, by Melar Acquisition Corp. I. to Melar Acquisition Sponsor I LLC. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). + Certain personally identifiable information has been omitted from this exhibit pursuant to Item 601(a)(6) of Regulation S-K. 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 By: /s/ Gautam Ivatury Name: Gautam Ivatury Title: Chief Executive Officer Dated: October 3, 2025