Melar Acquisition Corp. I Increases Sponsor Loan Facility to $3.25 Million Through Amended Promissory Note

Reuters
Oct 04, 2025
<a href="https://laohu8.com/S/MACI">Melar Acquisition Corp. I</a> Increases Sponsor Loan Facility to $3.25 Million Through Amended Promissory Note

**Melar Acquisition Corp. I Amends Promissory Note, Increases Loan Facility to $3.25 Million** Melar Acquisition Corp. I has amended its existing loan agreement with its sponsor, Melar Acquisition Sponsor I LLC. According to a recent SEC filing, Melar issued a Second Amendment to its Amended and Restated Promissory Note on September 29, 2025, increasing the principal amount available under the note from $1.25 million to $3.25 million. The note, originally dated August 18, 2025, and previously amended on September 12, 2025, provides Melar with additional financial flexibility as it pursues its ongoing business combination with Everli Global Inc. The amended promissory note was issued under an exemption from registration pursuant to Section 4(a)(2) of the Securities Act of 1933.

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