Karpus holds 10.07% of Melar Acquisition Corp. (MACI) in Schedule 13G filing

Rhea-AI Filing Summary

Melar Acquisition Corp. I/Cayman reported that Karpus Management, Inc. beneficially owns 961,303 shares of Common stock, representing 10.07% of the class. The filing states Karpus has sole voting and dispositive power over the 961,303 shares. The statement is signed by the firm's Chief Compliance Officer on 07/07/2026.

Key Figures

Beneficial ownership: 961,303 shares Percent of class: 10.07% Sole voting power: 961,303 shares +2 more

5 metrics

Beneficial ownership 961,303 shares reported on Schedule 13G

Percent of class 10.07% percent of common stock outstanding

Sole voting power 961,303 shares sole power to vote or direct the vote

Sole dispositive power 961,303 shares sole power to dispose or direct disposition

Filing signature date 07/07/2026 signature by Chief Compliance Officer

Key Terms

Schedule 13G, Beneficial ownership, CUSIP, Sole dispositive power

4 terms

Schedule 13G regulatory

"Item 1. (a) Name of issuer: Melar Acquisition Corp. I/Cayman"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficial ownership financial

"Item 4. (a) Amount beneficially owned: 961,303.00"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

CUSIP regulatory

"Item 4. (d) CUSIP Number(s): G6004G100"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

Sole dispositive power regulatory

"Item 4. (c)(iii) Sole power to dispose or to direct the disposition of: 961,303.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

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

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Available on EDGAR 07/07/2026 - 04:04 PM Accepted by SEC EDGAR 07/07/2026 - 04:04 PM Learn about SEC filing dates

FAQ

What stake does Karpus Management report in Melar Acquisition (MACI)?

Karpus reports beneficial ownership of 961,303 shares, equal to 10.07%. The filing shows sole voting and dispositive power over those shares, reported on a Schedule 13G and signed on 07/07/2026.

Does the Schedule 13G for MACI indicate shared voting control?

No — the filing shows zero shared voting power. It lists 961,303 shares as sole voting power and sole dispositive power, indicating Karpus exercises control directly.

Who submitted the ownership filing for MACI and when was it signed?

The filing was submitted by Karpus Management, Inc. It is signed by Chief Compliance Officer Jodi L. Hedberg with a signature date of 07/07/2026.

What is the CUSIP and class of the securities reported in the MACI filing?

The reported class is Common stock with CUSIP G6004G100. The Schedule 13G lists ownership and voting/dispositive powers for that specific CUSIP.

Does the filing say Karpus is controlled by another entity?

Yes — Karpus states it is controlled by City of London Investment Group plc (CLIG). The filing explains informational barriers and that Karpus exercises voting and investment power independently.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Melar Acquisition Corp. I/Cayman

(Name of Issuer)

Common

(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

KARPUS MANAGEMENT, INC.

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

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 961,303.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 961,303.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

961,303.00

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)

10.07 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Melar Acquisition Corp. I/Cayman
(b)	Address of issuer's principal executive offices: 143 West 72nd Street, 4th Floor, New York, NY 10023
Item 2.
(a)	Name of person filing: This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person"). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
(b)	Address or principal business office or, if none, residence: 183 Sully's Trail, Pittsford, New York 14534.
(c)	Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.
(d)	Title of class of securities: Common
(e)	CUSIP Number(s): 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).
Item 4.	Ownership
(a)	Amount beneficially owned: 961,303.00
(b)	Percent of class: 10.07 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 961,303.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 961,303.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
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.
	Not Applicable
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.

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.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	07/07/2026