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Melar shareholders approve Everli business combination

Holders exercised redemption rights for 3,852,564 Class A shares, and approximately $0.8 million will remain in the Trust Account.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

Melar Acquisition Corp. I (MACI) shareholders approved the proposed business combination with Everli Global Inc. at the October 22, 2026 extraordinary meeting. Proposal 1 received 9,425,113 votes for and 23,978 against. Shareholders also approved the charter, Nasdaq, incentive plan, insider letter amendment and related organizational-document proposals. Melar’s Class B shareholder approved the domestication and director-election proposals.

Holders of 3,852,564 Class A ordinary shares exercised their rights to redeem their shares for a pro rata portion of the Trust Account. Melar stated that approximately $0.8 million will remain in the Trust Account following the redemptions. As of September 28, 2026, Melar had 9,545,545 ordinary shares issued and outstanding, including 9,545,544 Class A shares and one Class B share. Melar expects the business combination to be completed promptly following satisfaction or waiver of the other conditions. After closing, the combined company is expected to operate as Everli Global Holdings Inc., with its Class A common stock and warrants expected to trade on The Nasdaq Stock Market under EVRL and EVRLW.

Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Votes for business combination proposal 9,425,113 votes Proposal 1 at the October 22, 2026 meeting
Votes against business combination proposal 23,978 votes Proposal 1 at the October 22, 2026 meeting
Class A ordinary shares with redemption rights exercised 3,852,564 shares In connection with the October 22, 2026 meeting
Trust Account balance following redemptions Approximately $0.8 million Following completion of the redemptions
Ordinary shares issued and outstanding 9,545,545 shares As of September 28, 2026
Business Combination financial
"the proposed business combination (the “Business Combination”)"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Trust Account financial
"the funds in the trust account of Melar (the “Trust Account”)"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
record date regulatory
"September 28, 2026, the record date for the Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
pro rata portion financial
"for a pro rata portion of the funds in the trust account"
Adjournment Proposal regulatory
"the “Adjournment Proposal” described in the Definitive Proxy Statement"
An adjournment proposal is a formal request made at a shareholder or board meeting to pause the meeting and reconvene at a later date or time. It matters to investors because it postpones votes and decisions, giving parties extra time to gather information, solicit support, negotiate alternatives or introduce new options — like hitting pause on a group decision to wait for more facts, which can alter outcomes and market reactions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many votes did MACI's business combination proposal receive?

Proposal 1, the business combination proposal, received 9,425,113 votes for and 23,978 against at the October 22, 2026 extraordinary meeting.

How many MACI shares were redeemed, and how much remains in the trust?

Holders of 3,852,564 Class A ordinary shares exercised their rights to redeem those shares for a pro rata portion of the Trust Account. Melar stated that approximately $0.8 million will remain in the Trust Account following the redemptions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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): October 23, 2026 (October 22, 2026)

 

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.)

 

143 West 72nd Street, 4th Floor, New York, NY   10023
(Address of principal executive offices)   (Zip Code)

 

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   Trading Symbol(s)   Name of each exchange on which
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 ☒

 

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 5.07 Submission of Matters to a Vote of Security Holders

 

On October 22, 2026, Melar Acquisition Corp. I, a Cayman Islands exempted company (“Melar”), held an extraordinary general meeting of its shareholders (the “Meeting”), at which the following proposals were submitted to a vote of Melar shareholders. The proposals listed below are described in more detail in Melar’s definitive proxy statement filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 5, 2026 (the “Definitive Proxy Statement”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Definitive Proxy Statement, as applicable.

 

Only Melar shareholders of record as of the close of business on September 28, 2026, the record date for the Meeting, were entitled to vote at the Meeting. As of the record date, 9,545,545 Melar Ordinary Shares were issued and outstanding, consisting of 9,545,544 Melar Class A Ordinary Shares and one Melar Class B Ordinary Share. The final voting results for each matter submitted to a vote of Melar shareholders at the Meeting are as follows:

 

Proposal 1 - The Business Combination Proposal –

 

Melar’s shareholders approved Proposal 1. The votes cast were as follows:

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal 2 - The Domestication Proposal –

 

Melar’s Class B Shareholder approved Proposal 2. The votes cast were as follows:

 

For   Against   Abstain
1   0   0

 

Proposal 3 - The Charter Proposal –

 

Melar’s shareholders approved Proposal 3. The votes cast were as follows:

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal 4 - The Organizational Documents Proposals –

 

Melar’s shareholders approved Advisory Proposals A-H under Proposal 4. The votes cast were as follows:

 

Proposal A

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal B

 

For   Against   Abstain
9,425,113   23,978   0

 

1

 

 

Proposal C

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal D

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal E

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal F

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal G

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal H

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal 5 – The Director Election Proposal —

 

Melar’s Class B Shareholder approved Proposal 5. The votes cast were as follows:

 

Name   Position(s)
Salvatore Palella   Director
Tony Sklar   Director
Non-Employee Directors    
Adam J. Bistritzky   Director
Guy Adami   Director
Michael Mantagano   Director

 

For All   Withhold All   For All Except
1   0   0

 

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Proposal 6 – The Nasdaq Proposal —

 

Melar’s shareholders approved Proposal 6. The votes cast were as follows:

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal 7 – Incentive Plan Proposal —

 

Melar’s shareholders approved Proposal 7. The votes cast were as follows:

 

For   Against   Abstain
9,425,113   23,978   0

 

Proposal 8 – The Insider Letter Amendment Proposal –

 

Melar’s shareholders approved Proposal 8. The votes cast were as follows:

 

For   Against   Abstain
9,425,113   23,978   0

 

As there were sufficient votes at the time of the Meeting to approve each of the above proposals, the “Adjournment Proposal” described in the Definitive Proxy Statement was not presented to Melar Shareholders.

 

In connection with the Meeting, holders of 3,852,564 Melar Class A Ordinary Share exercised their rights to redeem their shares for a pro rata portion of the funds in the trust account of Melar (the “Trust Account”). As a result, approximately $0.8 million will remain in the Trust Account following the completion of such redemptions.

 

In light of receipt of the requisite approvals by Melar Shareholders described above, Melar expects the Business Combination to be completed promptly following the satisfaction or waiver of the other conditions to the consummation of the Business Combination.

 

Item 8.01 Other Events.

 

On October 22, 2026, Melar announced that Melar shareholders had voted to approve the Business Combination and other proposals related to the Business Combination at the Meeting. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of the U.S. federal securities laws with respect to the parties and the Business Combinations. Melar’s and/or Everli’s actual results may differ from their expectations, estimates and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. No representations or warranties, express or implied, are given in, or in respect of, this Current Report on Form 8-K. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions.

 

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These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Agreement and Plan of Merger, dated as of July 30, 2025, as amended on October 2, 2025 and December 8, 2025, with respect to the Business Combination; (2) the outcome of any legal proceedings that may be instituted against the parties following the announcement of the Business Combination and definitive agreements with respect thereto; (3) the inability to complete the Business Combination, including due to failure to meet the closing conditions; (4) the inability to obtain or maintain the listing of Melar’s shares on The Nasdaq Stock Market LLC or another national securities exchange following the Business Combination; (5) the ability of Melar to remain current with its SEC filings; (6) the risk that the Business Combination disrupts current plans and operations as a result of the announcement and Closing; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Melar and Everli after the Closing to grow and manage growth profitably and retain its key employees; (8) costs related to the Business Combination; (9) changes in applicable laws or regulations; (10) the inability of Everli to implement business plans, forecasts, and other expectations after the completion of the Business Combination; (11) the risk that additional financing in connection with the Business Combination, or additional capital needed following the Business Combination to support Everli’s business or operations, may not be raised on favorable terms or at all; and (12) other risks and uncertainties included in documents filed or to be filed with the SEC by Melar and/or Everli.

 

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the proxy statement/prospectus in connection with the Business Combination referenced above and other documents filed by Melar and Everli from time to time with the SEC. These filings will identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. There may be additional risks that neither Melar nor Everli presently knows, or that Melar and/or Everli currently believe are immaterial, that could cause actual results to differ from those contained in the forward-looking statements. For these reasons, among others, investors and other interested persons are cautioned not to place undue reliance upon any forward-looking statements in this Current Report on Form 8-K. Past performance by Melar’s or Everli’s management teams and their respective affiliates is not a guarantee of future performance. Therefore, you should not place undue reliance on the historical record of the performance of Melar’s or Everli’s management teams or businesses associated with them as indicative of future performance of an investment or the returns that Melar or Everli will, or may, generate going forward. Neither Melar nor Everli undertakes any obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this Current Report on Form 8-K, except as required by applicable law.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

  

Exhibit No.   Description
99.1   Press Release
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

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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 23, 2026

 

5

 

Exhibit 99.1

 

Melar Acquisition Corp. I Announces Shareholder Approval of Business Combination with Everli Global Inc.

 

NEW YORK, October 22, 2026 /PRNewswire/ — Melar Acquisition Corp. I (“Melar”) (Nasdaq: MACI), a special purpose acquisition company, today announced that at its extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) held today, October 22, 2026, Melar’s shareholders have voted to approve the proposed business combination (the “Business Combination”) with Everli Global Inc., a Nevada corporation (together with its successors, “Everli”), as well as all other proposals related to the Business Combination.

 

In light of receipt of the requisite approvals by Melar’s shareholders described above, Melar expects the Business Combination to be completed promptly following the satisfaction or waiver of all other conditions to the consummation of the Business Combination. Following the closing of the Business Combination, the combined company will operate as Everli Global Holdings Inc. (“Pubco”), and its Class A common stock and warrants are expected to start trading on the Nasdaq Stock Market under the ticker symbols “EVRL” and “EVRLW,” respectively.

 

A Current Report on Form 8-K disclosing the full voting results will be filed by Melar with the U.S. Securities and Exchange Commission (the “SEC”).

 

About Everli

 

Everli is a major e-grocery technology and fulfillment platform in Italy, seamlessly connecting consumers with their favorite grocery retailers through a fully integrated digital marketplace. By managing the entire logistics chain, from online ordering to in-store picking and last-mile delivery, Everli empowers retailers to offer a premium online shopping experience without the need for additional infrastructure, staffing, or operational changes. Its model is built on exclusive partnerships with the country’s top grocery chains, ensuring broad product availability and trusted brand access for consumers. At the heart of Everli’s operations is a dedicated network of trained shoppers who ensure accuracy, freshness, and reliability with every order. Everli’s union-endorsed delivery framework reinforces its commitment to fair labor practices while supporting consistent service quality at scale. For more about Everli, visit https://about.everli.com/. You can also follow Everli on LinkedIn https://www.linkedin.com/company/everliofficial/.

 

 

 

 

About Melar

 

Melar is a special purpose acquisition company sponsored by Melar Acquisition Sponsor I LLC and incorporated under the laws of Cayman Islands for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. 

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the U.S. federal securities laws with respect to the parties and the Business Combination. Melar’s and/or Everli’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. No representations or warranties, express or implied, are given in, or in respect of, this press release. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions.

 

These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Agreement and Plan of Merger, dated as of July 30, 2025, as amended on October 2, 2025 and December 8, 2025; (2) the outcome of any legal proceedings that may be instituted against the parties following the announcement of the Business Combination and definitive agreements with respect thereto; (3) the inability to complete the Business Combination, including due to failure to meet the closing conditions; (4) the inability to obtain or maintain the listing of the Pubco’s shares on The Nasdaq Stock Market LLC or another national securities exchange following the Business Combination; (5) the ability of Melar to remain current with its SEC filings; (6) the risk that the Business Combination disrupts current plans and operations as a result of the announcement and consummation of the Business Combination; (7) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the Pubco to grow and manage growth profitably and retain its key employees; (8) costs related to the Business Combination; (9) changes in applicable laws or regulations; (10) the inability of Everli to implement business plans, forecasts, and other expectations after the completion of the Business Combination; (11) the risk that additional financing in connection with the Business Combination, or additional capital needed following the Business Combination to support Everli’s business or operations, may not be raised on favorable terms or at all; and (12) other risks and uncertainties included in documents filed or to be filed with the SEC by Melar and/or Everli.

 

2 

 

 

The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the proxy statement/prospectus in connection with the Business Combination referenced above and other documents filed by Melar and Everli from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. There may be additional risks that neither Melar nor Everli presently knows, or that Melar and/or Everli currently believe are immaterial, that could cause actual results to differ from those contained in the forward-looking statements. For these reasons, among others, investors and other interested persons are cautioned not to place undue reliance upon any forward-looking statements in this press release. Past performance by Melar’s or Everli’s management teams and their respective affiliates is not a guarantee of future performance. Therefore, you should not place undue reliance on the historical record of the performance of Melar’s or Everli’s management teams or businesses associated with them as indicative of future performance of an investment or the returns that Melar or Everli will, or may, generate going forward. Neither Melar nor Everli undertakes any obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this press release, except as required by applicable law.

 

No Offer or Solicitation

 

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities and shall not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE BUSINESS COMBINATION DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS REPORT. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

 

Contacts

 

Investors and Media Contacts

 

For Everli:

 

Tony Sklar, Head of IR

ir@everli.com

Tel: +1 (347) 588-4226

 

For Melar:

 

Attn: Gautam Ivatury, CEO and Chairman

Tel: +1 (702) 781-1120

 

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Filing Exhibits & Attachments

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