Welcome to our dedicated page for Melar Acquisition I news (Ticker: MACI), a resource for investors and traders seeking the latest updates and insights on Melar Acquisition I stock.
Melar Acquisition Corp. I (NASDAQ: MACI) is a special purpose acquisition company in the Financial Services sector, formed to complete a business combination with one or more operating businesses. News related to MACI often centers on its capital markets activity, its search for a merger partner, and regulatory milestones disclosed through press releases and SEC filings.
A key focus of recent MACI news has been its proposed business combination with Everli Global Inc., an e-grocery technology and fulfillment platform. Joint announcements from Melar and Everli describe an Agreement and Plan of Merger under which a wholly owned Melar subsidiary is expected to merge with and into Everli, with Everli becoming a wholly owned subsidiary of Melar. These news items outline the intended structure of the combined company, the planned name Everli Global Holdings Inc., and the intention to seek listing on Nasdaq under the ticker symbol "EVRL" following closing.
Investors following MACI news can expect updates on the progress of this proposed transaction, including amendments to the merger agreement, financing arrangements such as the Everli Note and Everli Convertible Note, and sponsor-related promissory notes. Press releases also describe Everli’s financing activities that are tied to the business combination framework, including loan facilities and growth capital arrangements referenced in the merger documentation.
This news page aggregates company announcements, transaction-related developments, and references to MACI’s regulatory communications, helping readers track how Melar’s SPAC structure is being used in connection with the proposed Everli business combination. For a fuller picture, readers can review both press releases and the corresponding SEC filings that are frequently cited in these news items.
Melar Acquisition Corp. I (NASDAQ: MACI) and Everli Global announced that Melar confidentially submitted a draft Form S-4 to the U.S. Securities and Exchange Commission on January 23, 2026 in connection with their previously announced proposed business combination.
The draft registration statement was submitted on a confidential basis and has not been declared effective; it will include a proxy statement/prospectus with details of the proposed transaction announced on July 31, 2025. The transaction is expected to result in Everli becoming a publicly traded company, subject to Melar shareholder approval and other closing conditions, and there are no assurances the transaction will be completed or on what timeline or terms.
Everli Global Inc (NASDAQ:MACI) secured a $10 million loan facility under its Business Combination Agreement with Melar Acquisition Corp I, supporting its planned public debut in Q1 2026. The financing will provide growth capital to fund Everli's expansion across Italy, investments in technology, and stronger retailer partnerships. Management cited rising order volumes, improving unit economics, larger basket sizes, and growing retailer and consumer demand as drivers of momentum. The company said the infusion reflects confidence in its marketplace model and positions it for the next stage of growth.
Everli, Italy's leading e-grocery marketplace, has announced a definitive merger agreement with Melar Acquisition Corp. I (NASDAQ:MACIU) in a business combination valued at $180 million. The combined company will operate as Everli Global Holdings Inc. and plans to list on Nasdaq under the ticker "EVRL".
Everli has established partnerships with 12 of 13 top Italian retailers and achieved significant operational metrics in 2024, including 900,000 completed orders, $81 million in gross transaction volume, a 23% take rate, and 22% gross margins. The company's restructuring in 2024 led to a 20% improvement in net revenue per order and a 50% reduction in net losses.
The transaction is expected to close in Q4 2025 or early 2026, subject to customary conditions and approvals.
Melar Acquisition Corp. I announced the pricing of its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, raising $150 million.
The units will be listed on Nasdaq under the symbol 'MACIU' starting June 18, 2024. Each unit consists of one Class A ordinary share and one-half of a warrant, with each whole warrant exercisable at $11.50 per share.
Upon separate trading, shares and warrants will trade under 'MACI' and 'MACIW', respectively. The IPO is expected to close on June 20, 2024, subject to customary conditions.
The offering is led by Cohen & Company Capital Markets and Seaport Global Securities. The Company has granted underwriters a 45-day option to purchase up to 2,250,000 additional units to cover over-allotments.
The leadership team includes CEO Gautam Ivatury, CFO Edward Lifshitz, and COO Eric Lifshitz.