Melar Acquisition Corp. I/Cayman (MACI) Form 10-Q — May 14, 2026
Melar Acquisition Corp. I filed its quarterly report for the period ended March 31, 2026, reporting net income of $778,261 driven primarily by $1.51 million in interest earned on its trust account. The company holds $172.9 million in its trust account and only $14,205 in operating cash, reflecting its status as a pre-deal SPAC awaiting the completion of its business combination. The filing confirms ongoing progress toward the merger with Everli Global Inc., which has a pre-money valuation of $180 million.
Key figures
- Net Income
- 778261
- Cash Position
- 14205
- Interest Income Trust
- 1513878
- Trust Account Balance
- 172919855
- Warrants Outstanding
- 13000000
- Everli Note Receivable
- 3962096
- Interest Income Everli
- 156234
- Interest Expense Sponsor
- 152631
- Sponsor Note Outstanding
- 3870642
- Class AShares Outstanding
- 16000000
- Class BShares Outstanding
- 5621622
- General And Administrative Costs
- 739221
Price after filing
Close on the filing date to close N calendar days later (from $10.83). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.