Melar Acquisition Corp. I received an updated ownership report from a group of affiliated investment managers led by the LMR entities and individuals Ben Levine and Stefan Renold. As of June 30, 2026, these reporting persons collectively beneficially owned 742,500 Class A Ordinary Shares of Melar Acquisition Corp. I through LMR Multi-Strategy Master Fund Limited and LMR CCSA Master Fund Ltd, each fund holding 371,250 shares.
The filing states this position represents approximately 7.8% of the outstanding Class A Ordinary Shares, based on 9,545,544 shares outstanding as of June 16, 2026, after sponsor share conversion and shareholder redemptions. The funds also hold warrants to purchase 371,250 Class A Ordinary Shares each, with an exercise price of $11.50 per share, exercisable 30 days after completion of the company’s initial business combination and expiring five years after that business combination, or earlier upon redemption or liquidation.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:742,500 Class A Ordinary SharesOwnership percentage:7.8%Shares per LMR fund:371,250 Class A Ordinary Shares+5 more
8 metrics
Beneficial ownership742,500 Class A Ordinary SharesShares beneficially owned in aggregate by the LMR reporting persons as of June 30, 2026
Ownership percentage7.8%Percentage of outstanding Class A Ordinary Shares represented by the LMR Shares
Shares per LMR fund371,250 Class A Ordinary SharesDirect holdings of each of LMR Master Fund and LMR CCSA Master Fund
Shares outstanding9,545,544 Class A Ordinary SharesIssuer’s outstanding Class A Ordinary Shares as of June 16, 2026 after redemptions
Warrants per fund371,250 warrantsWarrants held by each of LMR Master Fund and LMR CCSA Master Fund
Warrant exercise price$11.50 per Class A Ordinary ShareExercise price for the warrants held by the LMR funds
Sponsor conversion5,621,621 Class A Ordinary SharesShares issued to the sponsor upon conversion of an equal number of Class B shares on June 11, 2026
Meeting Redemptions12,076,077 Class A Ordinary SharesClass A shares redeemed at the June 16, 2026 extraordinary general meeting
Key Terms
beneficially owned, warrants, initial business combination, extraordinary general meeting, +2 more
6 terms
beneficially ownedfinancial
"The Class A Ordinary Shares beneficially owned by the Reporting Persons are directly held"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
warrantsfinancial
"each of LMR Master Fund and LMR CCSA Master Fund also directly holds warrants to purchase"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
initial business combinationfinancial
"warrants have an exercise price of $11.50 per Class A Ordinary Share and are exercisable 30 days after the completion of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
extraordinary general meetingfinancial
"On June 16, 2026, at an extraordinary general meeting of shareholders, holders of 12,076,077 Class A Ordinary Shares"
Meeting Redemptionsfinancial
"the approval of an extension amendment (the "Meeting Redemptions"), as reported in the Issuer's Form 8-K"
shared power to votefinancial
"each of the Reporting Persons had shared power to vote or direct the vote of 742,500 Class A Ordinary Shares"
FAQ
What stake in Melar Acquisition Corp. I (MACI) do the LMR entities report?
The LMR reporting group collectively beneficially owns 742,500 Class A Ordinary Shares of Melar Acquisition Corp. I, representing about 7.8% of the outstanding Class A shares based on 9,545,544 shares outstanding as of June 16, 2026.
How many Melar (MACI) shares are held by each LMR fund?
Each of LMR Master Fund and LMR CCSA Master Fund directly holds 371,250 Class A Ordinary Shares of Melar Acquisition Corp. I, for an aggregate of 742,500 shares reported as beneficially owned by the LMR reporting group.
What warrants related to Melar (MACI) does the LMR group hold?
Each of LMR Master Fund and LMR CCSA Master Fund holds warrants to purchase 371,250 Class A Ordinary Shares of Melar Acquisition Corp. I at an exercise price of $11.50 per share, exercisable 30 days after the initial business combination and expiring five years after it.
How was the 7.8% ownership in Melar (MACI) calculated for the LMR group?
The 7.8% ownership is based on 742,500 Class A Ordinary Shares held by the LMR group compared with 9,545,544 Class A Ordinary Shares outstanding as of June 16, 2026, following sponsor conversion and shareholder redemptions.
What redemptions and share changes affected Melar (MACI) before this 13G/A?
On June 11, 2026, the sponsor converted 5,621,621 Class B shares into Class A shares. On June 16, 2026, holders redeemed 12,076,077 Class A shares, leaving 9,545,544 Class A Ordinary Shares outstanding used for the LMR ownership calculation.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Melar Acquisition Corp. I
(Name of Issuer)
Class A Ordinary Shares, par value $0.0001 per share
(Title of Class of Securities)
G6004G100
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
LMR Partners LLP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
LMR PARTNERS Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
HONG KONG
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
LMR Partners LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
LMR Partners AG
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SWITZERLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
LMR PARTNERS (DIFC) Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED ARAB EMIRATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
LMR Partners (Ireland) Limited
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
IRELAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
Ben Levine
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G6004G100
1
Names of Reporting Persons
Stefan Renold
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SWITZERLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
742,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
742,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
742,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Melar Acquisition Corp. I
(b)
Address of issuer's principal executive offices:
143 West 72nd Street, 4th Floor, New York, New York, 10023
Item 2.
(a)
Name of person filing:
This statement is filed by: (i) LMR Partners LLP, LMR Partners Limited, LMR Partners LLC, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited (collectively, the "LMR Investment Managers"), which serve as the investment managers to certain funds with respect to the Class A Ordinary Shares, par value $0.0001 per share ("Class A Ordinary Shares"), held by certain funds; and (ii) Ben Levine and Stefan Renold, who are ultimately in control of the investment and voting decisions of the LMR Investment Managers with respect to the securities held by certain funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is c/o LMR Partners LLP, 9th Floor, Devonshire House, 1 Mayfair Place, London, W1J 8AJ, United Kingdom.
(c)
Citizenship:
LMR Partners LLP is a United Kingdom limited liability partnership. LMR Partners Limited is a Hong Kong corporation. LMR Partners LLC is a Delaware limited liability company. LMR Partners AG is a Swiss corporation. LMR Partners (DIFC) Limited is a United Arab Emirates corporation. LMR Partners (Ireland) Limited is a limited company incorporated in Ireland. Ben Levine is a citizen of the United Kingdom. Stefan Renold is a citizen of Switzerland.
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(e)
CUSIP No.:
G6004G100
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Investment Adviser
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. As of June 30, 2026:
The Class A Ordinary Shares beneficially owned by the Reporting Persons are directly held by LMR Multi-Strategy Master Fund Limited ("LMR Master Fund") and LMR CCSA Master Fund Ltd ("LMR CCSA Master Fund"). Each of LMR Master Fund and LMR CCSA Master Fund directly holds 371,250 Class A Ordinary Shares of the Issuer, with a total of 742,500 Class A Ordinary Shares in the aggregate (the "LMR Shares").
In addition to the LMR Shares, each of LMR Master Fund and LMR CCSA Master Fund also directly holds warrants to purchase 371,250 Class A Ordinary Shares ("Warrants"). The Warrants have an exercise price of $11.50 per Class A Ordinary Share and are exercisable 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation.
(b)
Percent of class:
On June 11, 2026, the Issuer issued an aggregate of 5,621,621 Class A Ordinary Shares to Melar Acquisition Sponsor I LLC (the "Sponsor") upon the conversion of an equal number of Class B ordinary shares held by the Sponsor, as reported in the Issuer's Form 8-K filed with the Securities and Exchange Commission on June 11, 2026. On June 16, 2026, at an extraordinary general meeting of shareholders, holders of 12,076,077 Class A Ordinary Shares included as part of the units issued in the Issuer's initial public offering properly exercised their right to redeem such shares for cash in connection with the approval of an extension amendment (the "Meeting Redemptions"), as reported in the Issuer's Form 8-K filed with the Securities and Exchange Commission on June 17, 2026. Following the Meeting Redemptions, there were 9,545,544 Class A Ordinary Shares issued and outstanding.
As of June 30, 2026: The Class A Ordinary Shares held by each of LMR Master Fund and LMR CCSA Master Fund represent approximately 3.9% and the LMR Shares in the aggregate represent approximately 7.8% of the outstanding Class A Ordinary Shares, based on 9,545,544 Class A Ordinary Shares of the Issuer outstanding as of June 16, 2026, following the Sponsor's conversion of its Class B ordinary shares and the Meeting Redemptions, as reported in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 17, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of June 30, 2026, each of the Reporting Persons had sole power to vote or direct the vote of 0 Class A Ordinary Shares.
(ii) Shared power to vote or to direct the vote:
As of June 30, 2026, each of the Reporting Persons had shared power to vote or direct the vote of 742,500 Class A Ordinary Shares.
(iii) Sole power to dispose or to direct the disposition of:
As of June 30, 2026, each of the Reporting Persons had sole power to dispose or to direct the disposition of 0 Class A Ordinary Shares.
(iv) Shared power to dispose or to direct the disposition of:
As of June 30, 2026, each of the Reporting Persons had shared power to dispose or to direct the disposition of 742,500 Class A Ordinary Shares.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities beneficially owned by the Reporting Persons are directly held by LMR Master Fund and LMR CCSA Master Fund, for which the LMR Investment Managers serve as the investment managers.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to LMR Partners LLP, LMR Partners Limited, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
