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.)
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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 |
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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 |
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Expected To Trade: |
6/18/2024 |
Status:
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Priced |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |