Melar Acquisition Q2 FY26 net income falls to $720,170 from year-ago $1.56 million

MACI•2026-08-13

Deadline extension

The SPAC extended its deal deadline to Dec. 20, 2026, while Everli deposited USD 78,478 to push the current extension to Aug. 20, 2026.

Trust assets and redemptions

Trust assets slid to USD 42.87 million at June 30 from USD 171.41 million at year-end, following USD 131.5 million of shareholder redemptions.

Q2 and first-half results decline

Melar Acquisition posted Q2 net income of USD 720,170, down 53.72% from USD 1.56 million a year earlier.

Interest and dividend income from the trust account fell 23.61% to USD 1.37 million, while general and administrative costs jumped to USD 628,701 from USD 233,288.

First-half net income dropped 52.24% to USD 1.5 million, as trust-account interest and dividends declined to from .

Sources

Melar Acquisition Q2 FY26 net income falls to $720,170 from year-ago $1.56 million

Sec

Melar Acquisition Q2 FY26 net income falls to $720,170 from year-ago $1.56 million

Deadline extension

Trust assets and redemptions

Q2 and first-half results decline

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Sources

Melar Acquisition Q2 FY26 net income falls to $720,170 from year-ago $1.56 million

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