Articles from Melar Acquisition Corp. I

Everli Global Inc. (“Everli” or the “Company”), a major e-grocery platform in Italy, and Melar Acquisition Corp. I (“Melar”), a special purpose acquisition company sponsored by Melar Acquisition Sponsor I LLC, jointly announced today that they have entered into a definitive Agreement and Plan of Merger, dated July 30, 2025 (the “Merger Agreement”) for a proposed business combination between Everli and Melar (the “Proposed Transaction”). Upon closing of the Proposed Transaction (the “Closing”), the combined company (the “Combined Company”) will operate under the name Everli Global Holdings Inc. and the parties will seek to list the Combined Company on The Nasdaq Stock Market (“Nasdaq”) under the ticker symbol “EVRL”.

Melar Acquisition Corp. I (Nasdaq: MACIU) (the “Company”) announced today that, commencing July 17, 2024, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on the Nasdaq Global Market under the symbols “MACI” and “MACIW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “MACIU.”

Melar Acquisition Corp. I (the “Company”) announced today the closing of its initial public offering of 16,000,000 units, which includes 1,000,000 units issued pursuant to the partial exercise by the underwriters of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $160,000,000. The underwriters retain their right to exercise their over-allotment option to purchase up to 1,250,000 additional units.

Melar Acquisition Corp. I (the “Company”) announced the pricing of its initial public offering of 15,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) under the symbol “MACIU” commencing Tuesday, June 18, 2024. Each unit consists of one Class A ordinary share of the Company and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Company expects that the Class A ordinary shares and warrants will be listed on Nasdaq under the symbols “MACI” and “MACIW,” respectively. The initial public offering is expected to close on Thursday, June 20, 2024, subject to customary closing conditions.