secwatch / observer
8-K filed June 2, 2026, 4:10 PM ET ticker MACI CIK 0002016221
other confidence high sentiment neutral materiality 0.60

Melar enters subordination agreement for Everli merger debt; Agile subordinated to Melar and YA lenders

Melar Acquisition Corp. I/Cayman

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Melar Acquisition Corp. I/Cayman entered into Agile Intercreditor Agreement with Agile Capital Funding, LLC, Agile Lending, LLC, YA II PN, Ltd. valued at Subordination agreement governing rights, priorities and obligations with respect to indebtedness of (effective 2026-05-27).

Action
entry
Counterparty
Agile Capital Funding, LLC, Agile Lending, LLC, YA II PN, Ltd.
Value
Subordination agreement governing rights, priorities and obligations with respect to indebtedness of
Effective
2026-05-27
Exact text from the filing
On May 27, 2026, Melar Acquisition Corp. I, a Cayman Islands exempted company (“Melar”), and Melar Capital Group LLC, a New York limited liability company (“MCG”) (collectively and individually, the “Melar Lender”) entered into an Intercreditor Agreement (the “Agile Intercreditor Agreement”) with Agile Capital Funding, LLC, a New York limited liability company, in its capacity as collateral agent (“Agile Collateral Agent”), and Agile Lending, LLC, a Virginia limited liability company (“Agile Lender”; and Agile Collateral Agent and Agile Lender herein collectively, “Agile Parties”) and YA II PN, Ltd., a Cayman Islands exempt limited company (the “YA Lender”), and which was acknowledged by Everli Global Inc., a Nevada corporation, for itself and on behalf of its subsidiaries (collectively, “Everli”), Salvatore Palella, a resident of the State of Connecticut (“Palella”), and Palella Holdings LLC, a Delaware limited liability company (“Palella Holdings”).
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Melar Acquisition Corp. I/Cayman filing history →

Source: SEC EDGAR
accession 0001213900-26-064166
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