---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-081970"
form_type: "8-K"
ticker: "MACI"
cik: "0002016221"
company_name: "Melar Acquisition Corp. I/Cayman"
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:23:27.341135+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Melar Acquisition amends notes to provide up to $1M each to Everli and from sponsor for merger costs

## Summary
- Amended Everli Note increased borrowing cap from $300k to $1M (incl. 10% OID); initial balance $323,434.30.
- Amended Sponsor Note increased to $1M (incl. 10% OID) from sponsor, unsecured, due upon Everli note repayment.
- Proceeds used solely for transaction expenses under July 30, 2025 Merger Agreement or general corporate purposes with consent.
- Interest rate 17.5% compounded annually; maturity tied to merger close, Merger Agreement termination, or receipt of $5M bridge financing.

## SEC filing metadata
- accession: 0001104659-25-081970
- form_type: 8-K
- ticker: MACI
- cik: 0002016221
- company_name: Melar Acquisition Corp. I/Cayman
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2016221/000110465925081970/0001104659-25-081970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2016221/000110465925081970/tm2524169d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-081970
- JSON: https://secwatch.observer/filing/0001104659-25-081970.json
- Plain text: https://secwatch.observer/filing/0001104659-25-081970.txt

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