Company: MACIW
Filing Date: 2025-07-31
Form Type: 425
Source: 0001104659-25-072523
Chunk: 1

Company: Melar Acquisition Corp. I/Cayman
Filing Date: 2025-07-31
Form: 425
Chunk 1
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, 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 7.01 Regulation FD Disclosure.

On July 30, 2025, Melar Acquisition
Corp. I, a Cayman Islands exempted company (“Melar”), entered into an Agreement and Plan of Merger (the “Merger Agreement”)
with (i) MAC I Merger Sub Inc., a Nevada corporation and a wholly-owned subsidiary of Melar (“Merger Sub”), (ii) Everli Global
Inc., a Nevada corporation (together with its successors, “Everli”), (iii) Melar Acquisition Sponsor I LLC, a Delaware limited
liability company, in the capacity as the representative from and after the effective time of the Merger (as defined below) for the shareholders
of Melar (other than the Escrowed Seller (as defined below) and his successors and assigns) in accordance with the terms and conditions
of the Merger Agreement, and (iv) Salvatore Palella (the “Escrowed Seller”). Pursuant to the Merger Agreement, subject to
the terms and conditions set forth therein, upon the consummation of the transactions contemplated thereby (the “Closing”),
(a) Melar shall de-register from the Register of Companies in the Cayman Islands by way of continuation out of the Cayman Islands and
into the State of Nevada and domesticate as a Nevada corporation (the “Domestication”) and (b) then Merger Sub will merge
with and into Everli (the “Merger” and together with the Domestication and the other transactions contemplated by the Merger
Agreement, the “Business Combination”), with Everli continuing as the surviving entity and a wholly owned subsidiary of Melar,
with