other material
confidence high
sentiment neutral
materiality 0.60
Melar Acquisition Corp. I/Cayman (MACI): debt financing — Melar extends bridge financing deadline to Oct 21, ups notes to $3.25M
Melar Acquisition Corp. I/Cayman
- Bridge financing deadline for Everli to procure at least $10M extended from Sept 30 to Oct 21, 2025.
- Everli Note principal amount increased from up to $1.25M to up to $3.25M via Second Amendment.
- Sponsor Note principal amount also increased from up to $1.25M to up to $3.25M.
- Both amendments executed on Sept 29, 2025; merger agreement amendment dated Oct 2, 2025.