Melar Acquisition Corp. I/Cayman (MACI) Form 8-K — May 14, 2026
Melar Acquisition Corp. I filed an 8-K reporting the entry into an Intercreditor Agreement with YA II PN, Ltd. on May 8, 2026. The agreement governs the rights and priorities of Melar and YA as lenders to Everli Global Inc., the target of Melar's proposed business combination.
Key figures
- Ya equity conversion cap
- 600,000 shares
- Ya legal fee reimbursement
- $45,000
- Ya lender funding threshold
- $5,000,000
- Max ya indebtedness increase
- $10,000,000
- Max melar indebtedness increase
- $10,000,000
Price after filing
1 day: 0.0%7 days: +0.4%30 days: -0.4%
Close on the filing date to close N calendar days later (from $10.83). Historical, not a forecast.
AI analysis
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