Melar Acquisition Corp. I and Everli Global Inc., a leading e-grocery platform in Italy, have announced a definitive Agreement and Plan of Merger. The transaction values Everli at a pre-money equity value of $180 million and will facilitate Everli's entry into the U.S. equity markets. Upon completion, the combined entity will be named Everli Global Holdings Inc. and is expected to be listed on The Nasdaq Stock Market under the ticker symbol "EVRL". The merger is anticipated to close in the fourth quarter of 2025 or early 2026. This strategic move aims to enhance Everli's market position and expand its technological capabilities.
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