Melar Acquisition Corp. I completes $160M IPO; $160M placed in trust

Melar Acquisition Corp. I/Cayman

Closed IPO of 16M units at $10/unit, including partial over-allotment exercise; gross proceeds $160M.
Simultaneously sold 5M private placement warrants at $1 each to sponsor and underwriters, raising $5M.
Total of $160M ($10 per unit) deposited into trust account; can be used for initial business combination or redemption.
Underwriters retain option to purchase up to 1.25M additional units for 45 days.
Company led by CEO Gautam Ivatury, CFO Edward Lifshitz, COO Eric Lifshitz.

item 1.01 item 3.02 item 5.03 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.