---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-032329"
form_type: "8-K"
ticker: "MRLN"
cik: "0002028707"
company_name: "Merlin, Inc."
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:31:49.499436+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Merlin, Inc. completes $800M SPAC merger with Inflection Point IV; begins trading under MRLN

## Summary
- Closing on March 16, 2026; aggregate consideration of 75.8M shares of New Merlin Common Stock.
- PIPE Investment of $120M from sale of Series A Preferred Stock and warrants.
- Pre-funded note holders received 10.2M shares of 12% Series A Cumulative Convertible Preferred Stock.
- Sponsor and Merlin equity holders subject to 6-month lock-up on shares.
- Company ceased to be a shell company; new board and officers elected.

## SEC filing metadata
- accession: 0001213900-26-032329
- form_type: 8-K
- ticker: MRLN
- cik: 0002028707
- company_name: Merlin, Inc.
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 2.01, 5.06, 9.01, 3.02, 3.03, 4.01, 5.01, 5.03, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028707/000121390026032329/0001213900-26-032329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028707/000121390026032329/ea0282574-8k_merlin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-032329
- JSON: https://secwatch.observer/filing/0001213900-26-032329.json
- Plain text: https://secwatch.observer/filing/0001213900-26-032329.txt

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