Everli Global Inc., a Nevada corporation, has entered into an Agreement and Plan of Merger dated July 30, 2025, involving Melar Acquisition Corp. I, a Cayman Islands exempted company, and other parties. As part of the transaction, Everli Global Inc. has issued a secured promissory note in the principal amount of $7.5 million, with the funds to be used for expenses related to the merger and general corporate purposes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Melar Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-102190), on October 24, 2025, and is solely responsible for the information contained therein.