Melar Acquisition Corp. I/Cayman
For the period ended Dec 31, 2024. Filed Mar 21, 2025.
View on SEC.govAbout this filing
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FY2024 · Filed Mar 21, 2025
MACI$7.80+2.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statement of Cash Flows
| | | | |
|---|---|---|---|
| Cash Flows from Operating Activities: · | |||
| Net income | | $4,209,339 | |
| Adjustments to reconcile net income to net cash used in operating activities: | | ||
| Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares | | 6,236 | |
| Interest earned on marketable securities and cash held in Trust Account | | (4,407,016) | |
| Payment of general and administrative costs through promissory note – related party | | 10,420 | |
| Change in fair value of over-allotment option liability | | (169,119) | |
| Changes in operating assets and liabilities: | | ||
| Prepaid expenses | | (236,346) | |
| Accounts payable and accrued expenses | | 41,252 | |
| Net cash used in operating activities | | (545,234) | |
| | | | |
| Cash Flows from Investing Activities: | | ||
| Investment of cash in Trust Account | | (160,000,000) | |
| Net cash used in investing activities | | (160,000,000) | |
| | | | |
| Cash Flows from Financing Activities: | | ||
| Proceeds from sale of Units, net of underwriting discounts paid | | 157,000,000 | |
| Proceeds from sale of Private Placements Warrants | | 5,000,000 | |
| Repayment of promissory note - related party | | (249,389) | |
| Payment of offering costs | | (327,123) | |
| Net cash provided by financing activities | | 161,423,488 | |
| | | | |
| Net Change in Cash | | 878,254 | |
| Cash – Beginning of period | | — | |
| Cash – End of period | | $878,254 | |
| | | | |
| Noncash investing and financing activities: | | ||
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares | | $18,764 | |
| Deferred offering costs paid through promissory note – related party | | $238,969 | |
| Overallotment liability at Initial Public Offering date | | $169,119 | |
| Deferred underwriting fee payable | | $6,600,000 | |
| Forfeiture of Class B ordinary shares | | $44 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.