Melar Acquisition reported FY 2025 net income of USD 5.54 million, up 32% from FY 2024. Interest and dividend income from the trust account was USD 7 million, up 59%. General and administrative costs rose 301% to USD 1.48 million. The SPAC ended FY 2025 with USD 171.41 million of marketable securities held in its trust account and USD 32,075 of cash held outside the trust account. It said it has until June 20, 2026 to complete a business combination and continues to pursue its proposed deal with Everli, with a draft registration statement submitted to the SEC on Jan. 23, 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-024849), on March 09, 2026, and is solely responsible for the information contained therein.