Welcome to our dedicated page for Melar Acquisition I news (Ticker: MACIW), a resource for investors and traders seeking the latest updates and insights on Melar Acquisition I stock.
Melar Acquisition Corp I (MACIW) is a blank check company focused on identifying strategic acquisition targets. This page aggregates official news and regulatory filings related to its SPAC activities, providing investors with a centralized resource for tracking merger developments and corporate actions.
Access timely updates including merger announcements, SEC filings, leadership changes, and investor communications. Our curated collection ensures you stay informed about MACIW's progress in securing a business combination while maintaining compliance with financial disclosure standards.
Key content categories include acquisition target evaluations, trust account status updates, and shareholder meeting details. All materials are sourced directly from company releases and regulatory databases to ensure accuracy.
Bookmark this page for streamlined access to MACIW's evolving story as it works to complete a value-generating merger. Check back regularly for unfiltered updates on this SPAC's journey through the acquisition process.
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.
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