Melar Acquisition Corp. I Warrant
MACIW
NASDAQ Global Market0.13
USD
+0.01
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Melar Acquisition Corp. I Warrant
MACIW
(NASDAQ Global Market)
Recent
price
0.13
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Melar Acquisition Corp. I operates as a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands in 2024 with headquarters at 143 West 72nd Street, 4th Floor, New York, NY 10023; it focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in any industry. The company offers Class A ordinary shares (MACI), redeemable warrants exercisable for one Class A ordinary share each at $11.50 per share (MACIW), and units comprising one Class A ordinary share and one-half of one redeemable warrant (MACIU), all listed on the Nasdaq Stock Market LLC; it holds proceeds primarily in U.S. Treasury Bills and cash equivalents within a trust account, generating interest income while pursuing targets. Geographically, Melar targets opportunities globally but maintains administrative operations in the United States. In July 2025, Melar entered into a definitive Agreement and Plan of Merger with Everli Global Inc., a major Italian e-grocery marketplace platform, valuing Everli at a pre-money equity value of $180 million; the transaction contemplates Melar's domestication from the Cayman Islands to Nevada, followed by a merger of its wholly-owned subsidiary with Everli, resulting in Everli as a wholly-owned subsidiary with Everli equity holders receiving Melar common stock and certain super-voting shares. The merger agreement has undergone amendments, including on October 2, 2025, and further extensions to bridge financing deadlines through October 21, 2025, alongside increased promissory notes to Everli up to $12.4 million for merger-related expenses and operations, secured by Everli stockholder pledges; additional sponsor loans totaling $3.56 million support liquidity amid a June 20, 2026, business combination deadline. As a pre-revenue entity, Melar reports trust assets of approximately $169.7 million and Q3 2025 net income of $1.11 million from trust yields, while noting substantial going-concern risks if the Everli combination fails to close.