---
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"
generated_at: "2026-06-11T20:18:17.272293+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Melar Acquisition Corp. I issues $1.5M note to sponsor, converts 5.6M Class B shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-067825
- JSON: https://secwatch.observer/filing/0001213900-26-067825.json
- Plain text: https://secwatch.observer/filing/0001213900-26-067825.txt

## Key facts
- Debt Financings
  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.
  - Instrument: loan
  - Principal: up to $1,500,000
  - Counterparty: Melar Acquisition Sponsor I LLC
  - Rate: 17.5% per annum
  - Maturity: 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
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2016221/000121390026067825/0001213900-26-067825-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Melar Acquisition Sponsor I LLC
  - Value: up to $1,500,000
  - Effective: 2026-06-11
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/2016221/000121390026067825/0001213900-26-067825-index.htm

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