secwatch.observer — SEC 8-K summary
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Issuer:     Melar Acquisition Corp. I/Cayman (MACI)
CIK:        0002016221
Form:       8-K
Filed at:   2024-06-27T23:59:59+00:00
Accession:  0001104659-24-075257
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Melar Acquisition Corp. I closes IPO of 16M units at $10/unit, raises $160M
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- Gross IPO proceeds $160M from 16,000,000 units; each unit has one Class A share and one-half warrant.
- Simultaneous private placement of 5,000,000 warrants at $1.00 each to sponsor and underwriters for $5M.
- $160M placed in trust account with Continental Stock Transfer & Trust; $10.00 per unit held for redemptions.
- Transaction costs of $10.2M include $3M cash and $6.6M deferred underwriting fees.
- Audited balance sheet as of June 20, 2024 filed as Exhibit 99.1; cash and trust total $161.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2016221/000110465924075257/0001104659-24-075257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2016221/000110465924075257/tm2418121d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-075257

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