{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-067825","form_type":"8-K","ticker":"MACI","cik":"0002016221","company_name":"Melar Acquisition Corp. I/Cayman","filed_at":"2026-06-11T20:10:27+00:00","discovered_at":"2026-06-11T20:11:00.261522+00:00","generated_at":"2026-06-11T20:18:17.272293+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Melar Acquisition Corp. I issues $1.5M note to sponsor, converts 5.6M Class B shares","bullets":["Issued promissory note to sponsor for up to $1,500,000; $223,079.12 already advanced.","Note bears interest at 17.5% per annum; repayable upon business combination or liquidation.","Sponsor may convert up to $1.5M unpaid principal into warrants at $1.00 per warrant.","Sponsor converted 5,621,621 Class B shares into Class A shares; only 1 Class B share remains.","After conversion, 21,621,621 Class A shares outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-067825","json":"https://secwatch.observer/filing/0001213900-26-067825.json","markdown":"https://secwatch.observer/filing/0001213900-26-067825.md","text":"https://secwatch.observer/filing/0001213900-26-067825.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2016221/000121390026067825/0001213900-26-067825-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2016221/000121390026067825/ea0294298-8k_melar1.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T20:18:17.272293+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4de4194ac1d010685837b86720c19b238c5abfd5","claim":"Melar Acquisition Corp. I/Cayman incurred loan of up to $1,500,000 with Melar Acquisition Sponsor I LLC at 17.5% per annum maturing upon the earlier of (i) the date on which the Company consummates its initial business combination and (ii) the date of liquidation of the Company.","evidence_excerpt":"On June 11, 2026, Melar Acquisition Corp. I, a Cayman Islands exempted company (the \" Company \"), issued a promissory note (the \" Note \") in the aggregate principal amount of up to $1,500,000 to Melar Acquisition Sponsor I LLC, the Company’s sponsor (the \" Sponsor \").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2016221/000121390026067825/0001213900-26-067825-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $1,500,000"},{"label":"Counterparty","value":"Melar Acquisition Sponsor I LLC"},{"label":"Rate","value":"17.5% per annum"},{"label":"Maturity","value":"upon the earlier of (i) the date on which the Company consummates its initial business combination and (ii) the date of liquidation of the Company"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"d70e821668906f8a78a237b877f1d9e324a3b687","claim":"Melar Acquisition Corp. I/Cayman entered into Note with Melar Acquisition Sponsor I LLC valued at up to $1,500,000 (effective 2026-06-11).","evidence_excerpt":"On June 11, 2026, Melar Acquisition Corp. I, a Cayman Islands exempted company (the “ Company ”), issued a promissory note (the “ Note ”) in the aggregate principal amount of up to $1,500,000 to Melar Acquisition Sponsor I LLC, the Company’s sponsor (the “ Sponsor ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2016221/000121390026067825/0001213900-26-067825-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Melar Acquisition Sponsor I LLC"},{"label":"Value","value":"up to $1,500,000"},{"label":"Effective","value":"2026-06-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}