Company: MACIW
Filing Date: 2025-12-08
Form Type: 425
Source: 0001104659-25-119324
Chunk: 1

Company: Melar Acquisition Corp. I/Cayman
Filing Date: 2025-12-08
Form: 425
Chunk 1
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 Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share |     | MACIW             |     | The Nasdaq Stock Market LLC |

Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 1.01 Entry into a Material Definitive Agreement.

Second Amendment to Merger Agreement

As
previously disclosed, on July 30, 2025, Melar Acquisition Corp. I, a Cayman Islands exempted company (together with its successors,
“Melar) entered into an Agreement and Plan of Merger, as amended by the First Amendment to Agreement and Plan of Merger on October 2,
2025 (the “Merger Agreement”), with MAC I Merger Sub Inc., a Nevada corporation and a wholly-owned subsidiary of Melar, Everli
Global Inc., a Nevada corporation (together with its successors, the “Everli”), Melar Acquisition Sponsor I LLC, a Delaware
limited liability company (the “Sponsor”), in the capacity thereunder as the representative for the shareholders of the Melar
(other than the Escrowed Seller (as defined below) and his successors and assigns) from and after the closing (the “Closing”)
of the transactions contemplated by the Merger Agreement (collectively, the “Business Combination”), and Salvatore Palella
(the “Escrowed Seller”).

On
December 8, 2025, the parties to the Merger Agreement entered into the Second Amendment to Agreement and Plan of Merger (the “Second
Amendment to Merger Agreement”), pursuant to which the parties thereto extended the deadline under the Merger Agreement for Everli
to deliver the required GAAP audited financial statements to the Company, from November 30, 2025 to January 16, 2026.

A
copy of the Second Amendment to Merger Agreement is filed as Exhibit 2.1