Melar Acquisition Corp. I

General Information
Business:

We intend to search for target companies in retail finance, specialty finance or financial technology, which we view as the emerging finance sector. (Incorporated in the Cayman Islands)

Our CEO and chairman is Gautam Ivatury, the co-founder and managing partner of ALMA Sustainable Finance, a debt investment firm.

Our CFO is Edward Lifshitz, a former partner at EisnerAmper.

Our COO is Eric Lifshitz, the founder of Melar Capital Group, a real estate advisory and investment firm.

(Note: Melar Acquisition Corp. I priced its SPAC IPO in sync with the terms in its prospectus – 15.0 million units at $10.00 each to raise $150 million – on Monday night, June 17, 2024. At pricing, Melar Acquisition Corp. I became the fifth SPAC IPO priced so far in June – and the 14th SPAC IPO so far this year. Background: Melar Acquisition Corp. I filed its S-1 for its SPAC IPO on May 31, 2024, and disclosed terms: 15.0 million units at $10.00 each to raise $150.0 million. Each unit consists of one share of common stock and one-half of a warrant.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2024
Contact Information
Address 119 West 23rd Street, Suite 206 New York, New York 10011
Phone Number (702) 781-1120
Web Address
View Prospectus: Melar Acquisition Corp. I
Financial Information
Market Cap $203.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol MACIU
Exchange NASDAQ
Shares (millions): 15.0
Price range $10.00 - $10.00
Est. $ Volume $150.0 mil
Manager / Joint Managers Cohen & Company Capital Markets/ Seaport Global Securities
CO-Managers
Expected To Trade: 6/18/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change