Melar Acquisition Corp. I (MACIU) Stock Price, News & Analysis

Company Overview

Melar Acquisition Corp. I is a special purpose acquisition company (“SPAC”) organized as a Delaware corporation to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank check company, it holds its proceeds in a trust account pending approval of a business combination by its shareholders. Melar Acquisition Corp. I operates with no revenues or commercial operations of its own until completion of its initial acquisition.

In 2021, Melar Acquisition Corp. I completed its initial public offering of units, each consisting of one share of common stock and one-half of a redeemable warrant, at an offering price of $10.00 per unit. The offering proceeds are held in a trust account and may be used to consummate an initial business combination or, under certain circumstances, returned to public shareholders if the SPAC does not complete a qualifying transaction within the prescribed time frame.

The company’s management team, backed by Melar Acquisition Investments, is focused on identifying a prospective target in line with its strategy to pursue growth opportunities in attractive sectors. To date, Melar Acquisition Corp. I has not announced a definitive business combination target, and its leadership continues to evaluate potential partners and industries that may benefit from a public listing and access to capital.

Key Stats

• Today's Range: $10.86 to $10.86
• 50-Day Range: $10.79 to $10.86
• 52-Week Range: $10.30 to $12.86
• Volume: 100 shs
• Average Volume: 1,121 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment Offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:MACIU
• CIK: 2016221
• Web: N/A
• Phone: (702) 781-1120
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: N/A
• Beta: N/A