---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-074242"
form_type: "8-K"
ticker: "MACI"
cik: "0002016221"
company_name: "Melar Acquisition Corp. I/Cayman"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:05:15.530443+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Melar Acquisition Corp. I to merge with Everli Global at $180M enterprise value

## Summary
- Merger consideration of $180M plus any bridge financing and equity investment; shares valued at $10.00 each.
- Up to $30M PIPE investment and at least $10M bridge financing to be arranged.
- Closing requires at least $10M cash; termination fee of $1.5M; deadline March 31, 2026.
- Everli majority shareholder Palella Holdings signs voting and lock-up agreements (6-month lock-up).
- Post-closing board of 5 directors: 4 designated by Everli, 1 by Melar.

## SEC filing metadata
- accession: 0001104659-25-074242
- form_type: 8-K
- ticker: MACI
- cik: 0002016221
- company_name: Melar Acquisition Corp. I/Cayman
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2016221/000110465925074242/0001104659-25-074242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2016221/000110465925074242/tm2522560d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-074242
- JSON: https://secwatch.observer/filing/0001104659-25-074242.json
- Plain text: https://secwatch.observer/filing/0001104659-25-074242.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.