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-0.000998003992015947 0 -0.000998003992015947 -0.000998003992015947 1.77281121696632E-16 1.77281121696632E-16 1.77281121696632E-16 -0.000998003992015947
Stock impact report

Melar Acquisition Corp. I Announces Pricing of $150 Million Initial Public Offering [Yahoo! Finance]

Melar Acquisition Corp. I - Unit (MACIU) 
Company Research Source: Yahoo! Finance
The units will be listed on the Nasdaq Global Market ("Nasdaq") under the symbol "MACIU" commencing Tuesday, June 18, 2024. Each unit consists of one Class A ordinary share of the Company and one-half of one warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Company expects that the Class A ordinary shares and warrants will be listed on Nasdaq under the symbols "MACI" and "MACIW," respectively. The initial public offering is expected to close on Thursday, June 20, 2024, subject to customary closing conditions. The Company is led by Gautam Ivatury, Chief Executive Officer and Chairman, Edward Lifshitz, Chief Financial Officer, and Eric Lifshitz, Chief Operating Officer and a Director. The offering is being led by Cohen & Company Capital Markets as the lead book-running manager and Seaport Global Securities as jo Show less Read more
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