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Melar Acquisition Corp. I/Cayman
NASDAQ · Financial Services · Shell Companies · KY
$0.12
−1.42%Jun 11, 2026, 00:00 UTC
Melar Acquisition Corp. I/Cayman signed a promissory note on June 11, 2026, allowing it to draw up to $1.5 million in working capital advances from its sponsor, Melar Acquisition Sponsor I LLC, with $223,079.12 already advanced.
Jun 2, 2026, 00:00 UTC
Melar Acquisition Corp. I/Cayman, as lender, signed an intercreditor agreement on 2026-05-27 subordinating the debt of Agile Capital Funding, LLC and Agile Lending, LLC to senior creditors (Melar Lender and YA Lender), with Everli Global Inc. and Agile Parties agreeing to subordination until senior obligations are paid in full.