8-K
filed June 17, 2026, 5:00 PM ET
ticker MACI
CIK 0002016221
other material
confidence high
sentiment negative
materiality 0.80
Melar shareholders approve extension to Dec 2026; ~$131.5M redeemed (12M shares) at $10.89
Melar Acquisition Corp. I/Cayman
- Amendment extends deadline for business combination by up to 6 months, from June 20, 2026 to December 20, 2026.
- Extension approved with 15.7M votes for, 3.3M against, 1.3M broker non-votes.
- Holders of 12,076,077 Public Shares redeemed for ~$10.89/share, totalling ~$131.5M.
- After redemptions, only 3,923,923 Public Shares remain outstanding (down from ~16M).
- Auditor ratification (WithumSmith+Brown, PC) for fiscal year ending Dec 31, 2026 also approved.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Melar Acquisition Corp. I/Cayman: Extended the deadline for completing a business combination from June 20, 2026 to up to December 20, 2026, on a monthly basis, by amending the Articles (effective 2026-06-16).
- Change
- charter amendment
- Effective
- 2026-06-16
Exact text from the filing
On June 16, 2026, at the Meeting, the Company’s shareholders approved, among other things, an amendment to the Articles (the “ Extension Amendment ”) to extend the end of the Combination Period on a monthly basis up to six (6) times, from June 20, 2026 through December 20, 2026, or such earlier date as determined by the Company’s board of directors (the “ Board ”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Melar Acquisition Corp. I/Cayman shareholders approved Auditor Ratification Proposal to ratify the selection by the Board’s Audit Committee of WithumSmith+Brown, PC to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2026.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
The Auditor Ratification Proposal was approved with the following vote from the holders of the Ordinary Shares: For Against Abstentions Broker Non-Votes 16,788,360 3,458,663 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Melar Acquisition Corp. I/Cayman shareholders approved Extension Amendment to extend the date by which the Company must consummate a Business Combination on a monthly basis, up to six (6) times, from June 20, 2026 through December 20, 2026, or such earlier date as determined by the Board.
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
The Extension Amendment Proposal was approved with the following vote from the holders of the Ordinary Shares: For Against Abstentions Broker Non-Votes 15,687,094 3,284,050 0 1,275,879
View on SEC.gov
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