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Melar Acquisition Corp. I Class A ( (MACI) ) has issued an announcement.
On August 18, 2025, Melar Acquisition Corp. I, a Cayman Islands exempted company, entered into an Amended and Restated Secured Promissory Note and Pledge Agreement with Everli Global Inc. to secure a principal amount of up to $1,000,000, which was later increased to $1,250,000 on September 12, 2025. Additionally, the company issued an Amended and Restated Promissory Note to its sponsor, Melar Acquisition Sponsor I LLC, for the same initial amount, also increased to $1,250,000 on the same date. These financial arrangements are significant for the company’s funding strategy and stakeholder interests.
More about Melar Acquisition Corp. I Class A
Average Trading Volume: 101,939
Technical Sentiment Signal: Strong Buy
See more insights into MACI stock on TipRanks’ Stock Analysis page.