Melar Acquisition Corp. I Unit
MACIU
NASDAQ Global Market13.60
USD
- -
- -
CIK
0002016221
ISIN
KYG6004G1266
Return %
Stock
S&P500
1Y
32.04
26.84
3Y
36.00
77.03
5Y
36.00
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Gautam Ivatury
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 143 West 72nd Street New York City NY Cayman Islands 10023
- IPO Date
- Jul 17, 2024
- CIK
- 0002016221
- Website
- melaracquisition.com
- Similar Companies
- Business
- Melar Acquisition Corp. I is a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands and focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, particularly in retail finance, specialty finance, or financial technology sectors. The company offers no current products or operational services beyond its capital-raising structure through public units comprising Class A ordinary shares and warrants; its core activity centers on identifying and pursuing a de-SPAC transaction while holding investor proceeds in trust. Founded on March 11, 2024, and headquartered at 143 West 72nd Street, 4th Floor, New York, New York, it operates principally in the United States financial markets with flexible geographic targeting for acquisitions. In a significant development, Melar Acquisition Corp. I entered into a definitive Agreement and Plan of Merger on July 30, 2025, with Everli Global Inc., a major Italian e-grocery platform, valuing Everli at a pre-money equity of $180 million; the transaction contemplates redomiciling Melar to Nevada, merging Everli as a subsidiary, and listing the combined entity on Nasdaq under the ticker EVRL, subject to shareholder approval and regulatory clearances. Prior to this, the company completed its initial public offering of 15 million units at $10.00 each in June 2024, raising $150 million, followed by the separate trading of its Class A ordinary shares and warrants commencing July 17, 2024. Melar Acquisition Corp. I functions as a subsidiary of Melar Acquisition Sponsor I LLC and is led by CEO Gautam Ivatury, with a management team experienced in investment banking, private equity, and deal execution.