Melar Acquisition I, Everly Global's Business Combination Declared Effective by SEC
MT Newswires Live
Oct 06
Melar Acquisition I (MACI) and Everli Global's proposed business combination has been declared effective by the US Securities and Exchange Commission, the companies said Tuesday.
Effectiveness is a step toward Everli becoming a Nasdaq-listed company trading under the ticker symbol, "EVRL," after closing a business combination with the blank-check company, the companies said.
Everlii is an online grocery shopping start-up.
Melar plans to hold an Oct. 22 extraordinary general meeting on the business combination.
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