The key binary catalyst is the October 22 shareholder vote and the redemption level. Monitor redemption requests — high redemptions could strain the trust and jeopardize closing. The stock will likely trade near the $10 trust value until the vote outcome is known.
Price Chart
Executive Summary
Melar Acquisition Corp. I (MACI) announced that the SEC declared effective its S-4 registration statement for the business combination with Everli Global Inc., an Italian e-grocery marketplace. The shareholder vote is scheduled for October 22, 2026, with a redemption deadline of October 20, 2026. This is a procedural milestone that moves the deal closer to closing, but the outcome depends on shareholder approval and redemption levels.
Key Financial Metrics
Key Facts
- SEC declared effective the S-4 registration statement (File No. 333-298505) on October 2, 2026.
- Extraordinary General Meeting set for October 22, 2026 at 8:00 a.m. ET.
- Record date for shareholder voting is September 28, 2026.
- Redemption deadline for Class A ordinary shares is October 20, 2026 at 5:00 p.m. ET.
- Combined company expected to be named Everli Global Holdings Inc., trading under ticker 'EVRL' (Class A) and 'EVRLW' (warrants) on Nasdaq.
- Melar's board unanimously recommends voting 'FOR' the business combination.
- Everli's FY2025 metrics: over $70 million GTV, hundreds of thousands of orders processed.
- Everli operates an asset-light grocery marketplace in Italy with over 1,000 weekly active independent shoppers and more than 700,000 orders.
Financial Impact
Pro forma enterprise value of $243.8M at $10.00 per share (from prior filing). No updated financial terms disclosed in this filing.
Risk Factors
- Shareholders may vote against the business combination or fail to achieve quorum.
- High redemption requests could deplete the trust and prevent closing or require additional financing.
- Failure to satisfy remaining closing conditions could delay or terminate the deal.
- Post-closing, Everli faces execution risk as a public company with limited revenue scale ($16.7M net revenue in FY2025 per prior filing).
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 425 Filing (Primary) | 0001213900-26-107252 |
| Document: ea030778201ex99-1.htm | 0001213900-26-107252 |
| Document: 0001213900-26-107252-index-headers.html | 0001213900-26-107252 |
| Document: 0001213900-26-107252-index.html | 0001213900-26-107252 |
| Document: 0001213900-26-107252.txt | 0001213900-26-107252 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $11.00 | awaiting T+20 | — | $10.22 (−7.09%) |
Oct 15, 2026 11d ago | 425 | $11.10 | awaiting T+20 | — | $10.22 (−7.93%) |
Oct 15, 2026 11d ago | 8-K | $11.10 | awaiting T+20 | — | $10.22 (−7.93%) |
Oct 6, 2026 20d ago | 425 | $11.06 | awaiting T+20 | — | $10.22 (−7.59%) |
Oct 6, 2026 20d ago | 8-K | $11.06 | awaiting T+20 | — | $10.22 (−7.59%) |
Sep 18, 2026 5w ago | 425 | $11.02 $11.10 | ▲ +0.73% | ▲ +0.52% | $10.22 (−7.26%) |
Sep 18, 2026 5w ago | 8-K | $11.02 $11.10 | ▲ +0.73% | ▲ +0.52% | $10.22 (−7.26%) |
Jun 11, 2026 19w ago | 8-K | $10.79 $10.89 | ▲ +0.93% | ▼ −0.85% | $10.22 (−5.28%) |
Jun 11, 2026 19w ago | 8-K | $10.79 $10.89 | ▲ +0.93% | ▼ −0.85% | $10.22 (−5.28%) |
US Market Status
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