MACI on Nasdaq

Melar Acquisition Corp. I/Cayman

Melar Acquisition Corp. I/Cayman is a business services company in the Cayman Islands, listed on Nasdaq (MACI).1 It is headquartered in New York, New York.1

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Last updated Oct 20, 2026.

Overview

$5.5MNet income, fiscal 20252

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  • TickerMACI on Nasdaq1
  • IndustryServices-Business Services, NEC1
  • HeadquartersNew York, New York1
  • Incorporated inCayman Islands3
  • Business address143 West 72Nd Street,, 4Th Floor, New York, Ny 100233
  • Filer category, Emerging growth company3

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Rules currently require SPACs (such as us) to complete their initial Business Combination in accordance with the Nasdaq 36-Month Requirement.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Every line of the income statement as filed: the last 1 fiscal year, latest first.2

Period ending2025-12-31
General and administrative costs$1.5M
Loss from operations-$1.5M
Interest due from Everli$555.9K
Interest expense on Sponsor Loan-$539.9K
Interest on cash held in the operating account$531
Dividends and interest earned on marketable securities and cash held in Trust Account$7.0M
Total other income, net$7.0M
NET INCOME$5.5M

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Corporate structure

Melar Acquisition Corp. I/Cayman sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Melar Acquisition Corp. I/Cayman

  • First Trust Capital Management L.P. Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Aug 14, 2026 (3 filings since Nov 7, 2024)
  • LMR Partners LLP Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Aug 14, 2026 (2 filings since Nov 14, 2024)
  • AQR CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Aug 13, 2026 (2 filings since Nov 14, 2024)
  • Karpus Management, Inc. Filed SCHEDULE 13G on Melar Acquisition Corp. I/Cayman, latest Jul 7, 2026 (4 filings since Nov 13, 2024)
  • WOLVERINE ASSET MANAGEMENT LLC Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Jul 2, 2026 (4 filings since May 1, 2025)
  • Barclays Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest May 14, 2026 (4 filings since Nov 13, 2024)
  • Bank of Montreal Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Jan 8, 2026
  • METEORA CAPITAL, LLC Filed SCHEDULE 13G on Melar Acquisition Corp. I/Cayman, latest Aug 14, 2025
  • HIGHBRIDGE CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Apr 25, 2025 (2 filings since Nov 14, 2024)
  • Melar Acquisition Sponsor I LLC Filed SCHEDULE 13G on Melar Acquisition Corp. I/Cayman, latest Feb 13, 2025
  • K2 PRINCIPAL FUND, L.P. Filed SCHEDULE 13G/A on Melar Acquisition Corp. I/Cayman, latest Feb 11, 2025 (2 filings since Jun 20, 2024)
  • Polar Asset Management Partners Inc. Filed SC 13G on Melar Acquisition Corp. I/Cayman, latest Nov 14, 2024
  • Melar Acquisition Corp. I/Cayman New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Melar Acquisition Corp. I/Cayman reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Properties, in its own words

Our executive offices are located at 143 West 72nd Street, 4th Floor, New York, NY 10023, and our telephone number is (702) 781-1120. The cost for our use of this space is included in the $10,000 per month fee we pay to MCG, an affiliate of our Sponsor, for office space, administrative and shared personnel support services, pursuant to the Administrative Services Agreement. We consider our current office space adequate for our current operations.

Item 2 of the 10-K filed Mar 9, 2026.4

Leadership

Who has led Melar Acquisition Corp. I/Cayman, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Gautam Ivatury2024–now

Chief financial officer

  1. Edward Lifshitz2024

Chief operating officer

  1. Eric Lifshitz2024–now
2025
Board members and other officers (5)

Timeline

  1. Oct 15, 20268-K Other events14
  2. Oct 6, 20268-K Other events15
  3. Sep 18, 20268-K Regulation FD disclosure16
  4. Jun 17, 20268-K Bylaws or fiscal year changed; Shareholder vote17
  5. Jun 11, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares18
  6. Jun 11, 20268-K Other events19
  7. Jun 2, 20268-K Entered a material agreement20
  8. May 14, 20268-K Entered a material agreement21
  9. May 8, 20268-K Other events22
  10. Apr 2, 20268-K Entered a material agreement; New debt or obligation23
  11. Jan 29, 20268-K Other events24
  12. Dec 8, 20258-K Entered a material agreement25
  13. Jun 17, 2024New chief executive Gautam Ivatury becomes CEO9

Filings

101 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 21 major events, 7 insider forms, 31 large holders, 33 other. The latest 20:

  1. Oct 15, 2026425 CURRENT REPORT EDGAR
  2. Oct 15, 20268-K CURRENT REPORT EDGAR
  3. Oct 6, 2026425 CURRENT REPORT EDGAR
  4. Oct 6, 20268-K CURRENT REPORT EDGAR
  5. Oct 5, 2026DEFM14A PROXY STATEMENT EDGAR
  6. Oct 2, 2026EFFECT EDGAR
  7. Oct 2, 2026424B3 PROSPECTUS EDGAR
  8. Oct 1, 2026S-4/A REGISTRATION STATEMENT EDGAR
  9. Sep 25, 2026S-4/A REGISTRATION STATEMENT EDGAR
  10. Sep 18, 2026425 CURRENT REPORT EDGAR
  11. Sep 18, 20268-K CURRENT REPORT EDGAR
  12. Aug 21, 2026S-4 REGISTRATION STATEMENT EDGAR
  13. Aug 14, 2026SCHEDULE 13G/A EDGAR
  14. Aug 14, 2026SCHEDULE 13G/A EDGAR
  15. Aug 13, 202610-Q QUARTERLY REPORT EDGAR
  16. Aug 13, 2026SCHEDULE 13G/A EDGAR
  17. Aug 6, 2026SCHEDULE 13G/A EDGAR
  18. Jul 8, 2026DRS/A EDGAR
  19. Jul 7, 2026SCHEDULE 13G EDGAR
  20. Jul 2, 2026SCHEDULE 13G/A EDGAR

The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Melar Acquisition Corp. I/Cayman is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMelar Acquisition Corp. I/Cayman1
  • CIK0002016221
  • Employer ID (EIN)87-16341034
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)7389 Services-Business Services, NEC1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address143 West 72Nd Street,, 4Th Floor, New York, NY 100231
  • Phone70278111201
  • Shares outstanding16,000,000 Common Class A shares; 5,621,622 Common Class B shares as of Mar 5, 20264
  • Public float$168.2M as of Jun 30, 20254
  • AuditorWithumSmith+Brown, PC, New York, New York PCAOB ID 100; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceApr 5, 20241
  • Filings107 in all: 8-K (21), SCHEDULE 13G/A (18), 425 (13), SC 13G (9), SCHEDULE 13G (9), 10-Q (7), 3 (5), DRS/A (3)1
    All 25 form types

    10-K (2), 4 (2), DRS (2), EFFECT (2), S-4/A (2), 424B3 (1), 424B4 (1), 8-A12B (1), CERT (1), DEF 14A (1), DEFA14A (1), DEFM14A (1), PRE 14A (1), S-1 (1), S-1/A (1), S-4 (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 9, 2026
    Quarterly report (10-Q) Aug 13, 2026
    Proxy statement (DEF 14A) May 15, 2026
    Latest 8-K (8-K) Oct 15, 2026

Securities registered for trading

ClassSymbolExchange
Units, each consisting of one Class A Ordinary Share and one-half of one redeemable WarrantMACIUNasdaq
Class A Ordinary Shares, par value $0.0001 per shareMACINasdaq
Warrants, each whole Warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per shareMACIWNasdaq

From the cover page of the 10-K filed Mar 9, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Melar Acquisition Corp. I/Cayman names in Item 1A of its 10-K filed Mar 9, 2026: 2 risks under these headings, as written.4

  • Risks Relating to our Search for, and Consummation of or Inability to Consummate, a Business Combination
  • Risks Relating to the Post-Business Combination Company
  • Risks Relating to Acquiring or Operating a Business in Foreign Countries
  • Risks Relating to our Management Team
  • Risks Relating to our Securities and Shareholder Rights
  • There is substantial doubt about our ability to continue as a “going concern.”

Legal proceedings

To the knowledge of our Management Team, there is no material litigation currently pending or contemplated against us, any of our subsidiaries, any of our officers or directors in their capacity as such, or against any of our property.

The opening of Item 3, Legal Proceedings.4

Sources

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