Everli Global Inc., a Palella Holdings Company, has secured a $10 million loan facility through a Business Combination Agreement with Melar Acquisition Corp. I (NASDAQ: MACI). This new financing will provide additional growth capital to support Everli's expansion efforts in Italy, investments in technology, and the strengthening of retailer partnerships. The agreement reflects Melar Acquisition Corp. I's confidence in Everli's business model and supports the company's preparations for its anticipated public debut in the first quarter of 2026.
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 Business Wire (Ref. ID: 20251210283615) on December 10, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.