Melar Acquisition Corp. I/Cayman 8-K

What Happened
Melar Acquisition Corp. I (Melar) filed an 8‑K on April 2, 2026 disclosing that on March 30, 2026 it amended two previously disclosed promissory notes tied to its planned business combination with Everli Global Inc. The Amended and Restated Secured Promissory Note and Pledge Agreement (the “Everli Note”) was revised to increase the aggregate principal from up to $3,250,000 to up to $3,611,111. Separately, the Amended and Restated Promissory Note to the Sponsor (the “Sponsor Note”) was amended to increase its aggregate principal from up to $1,250,000 to up to $3,611,111. The Third Amendment to the Everli Note is filed as Exhibit 10.1 and the Third Amendment to the Sponsor Note as Exhibit 10.2 to the 8‑K.

Key Details

• Amendment date: March 30, 2026; 8‑K filed April 2, 2026.
• Everli Note principal increased: from up to $3,250,000 → up to $3,611,111.
• Sponsor Note principal increased: from up to $1,250,000 → up to $3,611,111.
• Sponsor Note issuance was made pursuant to the registration exemption in Section 4(a)(2) of the Securities Act.

Why It Matters
These amendments increase Melar’s contractual debt exposure related to the Everli business combination. For retail investors, the changes mean higher potential cash obligations (up to the stated amounts) that could affect post‑closing capital needs and the company’s financing profile. The filings provide the updated terms and documentation (Exhibits 10.1 and 10.2) for investors who want the full legal details.