Melar Acquisition Enhances Financing for Everli Merger Transaction

The latest update is out from Melar Acquisition Corp. I Class A ( (MACI) ).

On March 30, 2026, Melar Acquisition Corp. I and Everli Global Inc. further advanced their planned business combination by amending existing financing arrangements, including the Amended and Restated Secured Promissory Note and Pledge Agreement with Everli and a pledging stockholder, increasing the available principal under the Everli Note to up to $3,611,111. On the same date, Melar also amended its Amended and Restated Promissory Note with its sponsor, raising the sponsor financing capacity to up to $3,611,111, moves that bolster liquidity around the transaction and signal continued support from both Everli stakeholders and the Melar sponsor.

The companies plan to register Melar securities to be issued in connection with the merger through a Form S-4 filing with the U.S. Securities and Exchange Commission, which will include a proxy statement for Melar shareholders to vote on the deal. These steps mark another milestone in progressing the transaction toward closing, while highlighting key risks such as potential termination of the merger, regulatory and listing uncertainties, financing needs, and the possibility that anticipated benefits of the combination may not be fully realized for investors and other stakeholders.

More about Melar Acquisition Corp. I Class A

Melar Acquisition Corp. I is a Cayman Islands–incorporated special purpose acquisition company focused on effecting a business combination, currently pursuing a merger with Nevada-based Everli Global Inc. Through this SPAC structure, Melar aims to bring Everli to the public markets, providing capital and a listed platform for Everli’s future growth and operations.

Average Trading Volume: 16,973

Technical Sentiment Signal: Strong Buy

Current Market Cap: $232.9M

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