Melar Acquisition Corp. I/Cayman Files 8-K
Ticker: MACIU · Form: 8-K · Filed: Oct 24, 2025 · CIK: 2016221
Sentiment: neutral
Topics: spac, filing, corporate-action
TL;DR
Melar Acquisition Corp. I/Cayman filed an 8-K on 10/24/25 for an event on 10/21/25. It's a blank check company.
AI Summary
Melar Acquisition Corp. I/Cayman filed an 8-K on October 24, 2025, reporting an event on October 21, 2025. The filing pertains to "Other Events" and "Financial Statements and Exhibits" and lists the company's standard industrial classification as "BLANK CHECKS [6770]". The company is incorporated in the Cayman Islands and its fiscal year ends on December 31.
Why It Matters
This 8-K filing indicates a corporate event or update for Melar Acquisition Corp. I/Cayman, a blank check company, which could signal progress towards a business combination or other significant development.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for a blank check company and does not contain specific financial performance data or significant operational changes.
Key Numbers
- 001-42134 — SEC File Number (Identifies the company's filing with the SEC.)
- 87-1634103 — IRS Employer Identification Number (Tax identification number for the company.)
Key Players & Entities
- Melar Acquisition Corp. I/Cayman (company) — Registrant
- Cayman Islands (location) — Jurisdiction of incorporation
- October 21, 2025 (date) — Earliest event date reported
- October 24, 2025 (date) — Filing date
- BLANK CHECKS [6770] (industry_code) — Standard Industrial Classification
FAQ
What specific event occurred on October 21, 2025, that necessitated this 8-K filing?
The filing indicates 'Other Events' and 'Financial Statements and Exhibits' as the items reported, but does not detail the specific event on October 21, 2025.
What is the business purpose of a company classified as 'BLANK CHECKS [6770]'?
A company classified as 'BLANK CHECKS' is typically a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of acquiring an existing company.
What are the components of the units offered by Melar Acquisition Corp. I?
The filing mentions units consisting of one Class A ordinary share and one-half of one redeemable warrant.
What is the exercise price for the warrants issued by Melar Acquisition Corp. I?
The warrants are exercisable for one Class A ordinary share at an exercise price of $11.50 per share.
Where is Melar Acquisition Corp. I/Cayman headquartered?
The company's business and mailing address is listed as 143 West 72nd Street, 4th Floor, New York, NY 10023.
Filing Stats: 2,362 words · 9 min read · ~8 pages · Grade level 17.6 · Accepted 2025-10-24 17:01:11
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. As previously disclosed, Melar issued
- $7,500,000 — , for the aggregate principal amount of $7,500,000, which includes a $750,000 original iss
- $750,000 — amount of $7,500,000, which includes a $750,000 original issue discount (the "Everli Co
Filing Documents
- tm2529375d1_8k.htm (8-K) — 52KB
- tm2529375d1_ex99-1.htm (EX-99.1) — 98KB
- 0001104659-25-102190.txt ( ) — 395KB
- maci-20251021.xsd (EX-101.SCH) — 4KB
- maci-20251021_def.xml (EX-101.DEF) — 27KB
- maci-20251021_lab.xml (EX-101.LAB) — 38KB
- maci-20251021_pre.xml (EX-101.PRE) — 25KB
- tm2529375d1_8k_htm.xml (XML) — 7KB
01 Other Events
Item 8.01 Other Events. 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. 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, 2025, the parties to the Everli Note entered into Second Amendment to Amended and Restated Secured Promissory Note and Pledge Agreement (the "Second Amendment to Everli Note") to increase the principal amount to up to $3,250,000. As previously disclosed, Melar issued an Amended and Restated Promissory Note, dated as of August 18, 2025 and amended on Sep
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Secured Promissory Note and Pledge Agreement, issued on October 21, 2025, by Everli Global Inc. to Melar Capital Group 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 24, 2025