Melar Acquisition Corp. I (Nasdaq: MACI) announced on October 22, 2026, that its shareholders have approved the proposed business combination with Everli Global Inc. at the company's extraordinary general meeting. The meeting was held on October 22, 2026, with voting rights restricted to shareholders of record as of September 28, 2026.
At the meeting, Melar shareholders voted on eight separate proposals. The Business Combination proposal received approval from 9,425,113 votes, with 23,978 votes cast against it. All other proposals, including the Charter Proposal, Nasdaq Proposal, and various organizational document amendments, were also approved by a similar margin of 9,425,113 votes for and 23,978 votes against.
Additionally, the Class B shareholder approved the election of five directors: Salvatore Palella, Tony Sklar, Adam J. Bistritzky, Guy Adami, and Michael Mantagano.
During the meeting, holders of 3,852,564 Class A ordinary shares exercised their right to redeem their shares for a pro rata portion of the funds in Melar’s trust account. As a result, approximately $0.8 million remains in the trust account following these redemptions.
In light of the shareholder approvals, Melar expects the Business Combination to be completed promptly following the satisfaction or waiver of the remaining closing conditions. Upon completion, the combined company will operate as Everli Global Holdings Inc., with its Class A common stock and warrants expected to begin trading on the Nasdaq Stock Market under the ticker symbols "EVRL" and "EVRLW," respectively.
Everli is an e-grocery technology and fulfillment platform in Italy that manages the entire logistics chain from online ordering to last-mile delivery through exclusive partnerships with major grocery chains.
