{"success":true,"data":{"pressRelease":{"id":"168525","rtpr_id":"nBw8fmmKCa-20261014","ticker":"MACI","exchange":"NASDAQ","all_tickers":["MACI"],"title":"Everli's Asset-Light Marketplace Brings Italy's 13 Largest Grocers Online","author":"Business Wire","published_at":"2026-10-14T10:00:00.239Z","article_body":"Everli's Asset-Light Marketplace Brings Italy's 13 Largest Grocers Online\n\n\n * More than 95 retail partners, 1,150+ stores and 300,000+ products across 60+\nprovinces, with no warehouses, fleets or added retailer staff\n\n * Partnered with all 13 of Italy's largest grocers\n\n * Fully managed white-label service powers retailers' own branded online stores\n\n * Believed to be Italy's only gig delivery platform with a national union\nagreement\n\nEverli Global Inc. (“Everli”), a leading e-grocery marketplace and\ndelivery platform in Italy, today outlined the business model behind its\nretail network. Everli\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.everli.com%2F&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=Everli&index=1&md5=78186a923872b852c88e2c33d85ea8c4)\noperates exclusively in Italy in over 60 provinces and has partnered with more\nthan 95 retailers, including the 13 largest grocers in Italy, such as Lidl,\nCoop, Conad, Carrefour, and Esselunga. Everli's platform offers access to\nproducts from more than 1,150 stores across the country.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20261014126455/en/\n(https://www.businesswire.com/news/home/20261014126455/en/)\n\nVisit https://www.everli.com/\n\nEverli has entered into an agreement and plan of merger, as amended (the\n“Merger Agreement”), with Melar Acquisition Corp. I (Nasdaq: MACI\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nasdaq.com%2Fmarket-activity%2Fstocks%2Fmaci&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=MACI&index=2&md5=a5122903ff294b7ab7d5f0c2aedfa87f)\n) (“Melar”) for a proposed business combination (the “Business\nCombination”). Upon closing, the combined company is expected to be named\nEverli Global Holdings Inc. and trade on Nasdaq under the ticker “EVRL.”\n\n“Online grocery in Italy is still in its early chapters, and Everli intends\nto write the next ones,” said Salvatore Palella, Chairman & CEO of\nEverli. “We are committed to adopting new technologies as they emerge to\nmake shopping for groceries online simpler, smarter and more personal. But\ntechnology is only half of the story. Our shoppers bring a distinctly Italian\ntouch to every order, picking the ripest produce and honoring every preference\nas if they were shopping for their own family. Pairing that care with Italy's\nlargest grocers and a platform built to scale is how we plan to lead the\nfuture of grocery shopping in Italy.”\n\nHow the model works\n\nEverli connects consumers with the grocery retailers they already trust.\nCustomers order through Everli's app or website from their preferred store. An\nindependent personal Everli shopper then shops the order in store, pays with\nan Everli pre-paid card and delivers it to the customer's door. Everli's large\nnetwork of weekly active shoppers provides true end-to-end fulfillment.\n\nEverli is built to grow alongside its partners. Rather than investing in\nwarehouses, delivery fleets or inventory, Everli runs on the stores its retail\npartners already operate, so a grocer can open an online channel without\nchanging how its stores work. That lets Everli expand its network quickly as\nnew retailers join and focus on its investment where it matters most: its\ntechnology and its shopper network.\n\nValue for retailers\n\n\n * A fully outsourced online channel. Everli handles the order from selection and\npurchase to delivery, integrated with retailer systems and minimal store\ndisruption.\n\n * No new capex or opex. Retailers need no warehouses, online platforms, delivery\nfleets, or delivery staff. They pay a commission on completed transactions.\n\n * Full catalogs and in-store pricing. Customers get each retailer's complete\nin-store catalog, including loyalty program participation.\n\n * Sales data and insights. Partners use Everli's data to analyze sales trends\nand consumer behavior.\n\n * White-label option. Launched in October 2025 with its first nationwide\ndeployment, Everli's fully managed white-label service runs a retailer-branded\nonline store on the retailer's own domain. One of Italy's largest retailers\nadopted it in December 2025.\n\nValue for consumers and shoppers\n\nCustomers get convenience, personalization and access to the brands they\nprefer, with delivery in as little as two hours or scheduled days ahead. This\nmakes Everli a destination for large-basket, weekly grocery orders.\n\nShoppers benefit from flexible, union-protected work. Everli believes it is\nthe only gig delivery company in Italy with a collective bargaining agreement\nwith the national unions CGIL, CISL and UIL.\n\nDiversified revenue\n\nEverli earns revenue from several streams:\n\n\n * Commissions from retailers on each order\n\n * Product markups\n\n * Service and delivery fees, plus Everli Plus memberships, available monthly or\nannually\n\n * Advertising and retail media from consumer brands, including sponsored\nproducts and display ads\n\n * Partnership agreements for aggregated insights on customer behavior\n\nRoom to grow\n\nOnline grocery accounted for only about 2.5% of Italy's total grocery sales in\n2024, compared with 12.5% in the United States, leaving substantial room for\ngrowth as Italian shoppers move online. Since its founding in 2014, Everli has\nserved millions of Italian households. Many of its largest retail partners\nalso operate across Europe, and Everli believes these relationships could\nsupport future European expansion, though it does not expect to enter markets\noutside Italy in the twelve months following the business combination.\n\nAbout Everli\n\nEverli is a leading e-grocery marketplace and delivery platform in Italy.\nFounded in 2014, Everli connects consumers with their preferred grocery\nretailers through its online platform and a network of over one thousand\nweekly active independent shoppers who shop and deliver each order end to end,\nhaving served millions of Italian households. Everli's asset-light model gives\nretailers a fully outsourced e-commerce channel built on their existing store\nfootprint. For more information, visit www.everli.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.everli.com&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=www.everli.com&index=3&md5=167a3d163e95106c12ab43fc0d756b6a)\n.\n\nAbout Melar Acquisition Corp. I\n\nMelar (Nasdaq: MACI) is a special purpose acquisition company sponsored by\nMelar Acquisition Sponsor I LLC and incorporated under the laws of Cayman\nIslands exempted company for the purpose of effecting a merger, amalgamation,\nshare exchange, asset acquisition, share purchase, reorganization, or similar\nbusiness combination with one or more businesses.\n\nAdditional Information and Where to Find It\n\nMelar and Everli Global Inc. have filed with the SEC a registration statement\non Form S-4 (File No. 333-298505), as amended (the “Registration\nStatement”), which includes a definitive proxy statement/prospectus and was\ndeclared effective by the Securities and Exchange Commission (the “SEC”)\non October 2, 2026. Melar has mailed the definitive proxy statement/prospectus\nto its shareholders as of September 28, 2026, the record date for the\nextraordinary general meeting. SHAREHOLDERS AND OTHER INTERESTED PERSONS ARE\nURGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS\nFILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, BECAUSE THEY CONTAIN\nIMPORTANT INFORMATION ABOUT MELAR, EVERLI AND THE BUSINESS COMBINATION. Copies\ncan be obtained free of charge at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=www.sec.gov&index=4&md5=e9d36369c07b19de73c32e7d98cf8fcb)\nor by contacting Melar's proxy solicitor, Advantage Proxy, Inc., at (877)\n870-8565 (toll free) or ksmith@advantageproxy.com\n(mailto:ksmith@advantageproxy.com) .\n\nParticipants in the Solicitation\n\nMelar, Everli and their respective directors and executive officers may be\ndeemed participants in the solicitation of proxies from Melar's shareholders\nin connection with the Business Combination. Information about these persons\nand their interests, which may differ from those of shareholders generally, is\nset forth in the Registration Statement on Form S-4 and the definitive proxy\nstatement/prospectus.\n\nNo Offer or Solicitation\n\nThis press release is not a proxy statement or a solicitation of a proxy,\nconsent or authorization with respect to any securities or the Business\nCombination, and is not an offer to sell or a solicitation of an offer to buy\nany securities, nor shall there be any sale of securities in any jurisdiction\nin which such offer, solicitation or sale would be unlawful prior to\nregistration or qualification under the securities laws of such jurisdiction.\nNo offering of securities shall be made except by means of a prospectus\nmeeting the requirements of the Securities Act of 1933, as amended.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe U.S. federal securities laws with respect to the parties and the Business\nCombination set out in the Registration Statement. Melar’s and/or Everli’s\nactual results may differ from their expectations, estimates and projections\nand consequently, you should not rely on these forward-looking statements as\npredictions of future events. Forward-looking statements include statements\nconcerning plans, objectives, goals, strategies, future events or performance,\nand underlying assumptions and other statements that are other than statements\nof historical facts. No representations or warranties, express or implied are\ngiven in, or in respect of, this press release. When this press release uses\nwords such as “may,” “will,” “intend,” “should,”\n“believe,” “expect,” “anticipate,” “project,” “estimate”\nor similar expressions that do not relate solely to historical matters, it is\nmaking forward-looking statements.\n\nThese forward-looking statements and factors that may cause actual results to\ndiffer materially from current expectations include, but are not limited to:\n(1) the occurrence of any event, change or other circumstances that could give\nrise to the termination of the Merger Agreement with respect to the Business\nCombination; (2) the outcome of any legal proceedings that may be instituted\nagainst the parties and definitive agreements with respect thereto; (3) the\ninability to complete the Business Combination, including due to failure to\nobtain approval of the shareholders of Everli and Melar or other conditions to\nclosing of the Business Combination; (4) the inability to obtain or maintain\nthe listing of the combined company’s securities on Nasdaq or another\nnational securities exchange following the Business Combination; (5) the\nability of Melar to remain current with its SEC filings; (6) the risk that the\nBusiness Combination disrupts current plans and operations as a result of the\nannouncement and consummation of the Business Combination; (7) the ability to\nrecognize the anticipated benefits of the Business Combination, which may be\naffected by, among other things, competition, the ability of the combined\ncompany to grow and manage growth profitably and retain its key employees; (8)\ncosts related to the Business Combination; (9) changes in applicable laws or\nregulations; (10) the inability of Everli to implement business plans,\nforecasts, and other expectations after the completion of the Business\nCombination; (11) the risk that additional financing in connection with the\nBusiness Combination, or additional capital needed following the Business\nCombination to support Everli’s business or operations, may not be raised on\nfavorable terms or at all; and (12) other risks and uncertainties included in\ndocuments filed or to be filed with the SEC by Melar and/or Everli.\n\nThe foregoing list of factors is not exhaustive. You should carefully consider\nthe foregoing factors and the other risks and uncertainties described in the\n“Risk Factors” section of the Registration Statement referenced above and\nother documents filed by Melar and Everli from time to time with the SEC.\nThese filings will identify and address other important risks and\nuncertainties that could cause actual events and results to differ materially\nfrom those contained in the forward-looking statements. You should not place\nundue reliance upon any forward-looking statements, which speak only as of the\ndate made. There may be additional risks that neither Melar nor Everli\npresently knows, or that Melar and/or Everli currently believe are immaterial,\nthat could cause actual results to differ from those contained in the\nforward-looking statements. For these reasons, among others, investors and\nother interested persons are cautioned not to place undue reliance upon any\nforward-looking statements in this press release. Past performance by\nMelar’s or Everli’s management teams and their respective affiliates is\nnot a guarantee of future performance. Therefore, you should not place undue\nreliance on the historical record of the performance of Melar’s or\nEverli’s management teams or businesses associated with them as indicative\nof future performance of an investment or the returns that Melar or Everli\nwill, or may, generate going forward. Neither Melar nor Everli undertakes any\nobligation to publicly revise these forward-looking statements to reflect\nevents or circumstances that arise after the date of this press release,\nexcept as required by applicable law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261014126455/en/\n(https://www.businesswire.com/news/home/20261014126455/en/)\n\nMedia and Investor Relations: \n\nTony Sklar\n\nChief Strategy Officer and Head of Investor Relations\n\nTel: (347) 588-4226\n\nir@everli.com \n(mailto:ir@everli.com) \nir.everli.com \n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fir.everli.com&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=ir.everli.com&index=5&md5=46ddca7e1b20ab76f76a5dac61f9f172)\n\n\n\nProxy Solicitor: \n\nADVANTAGE PROXY, INC.\n\nTel: (206) 870-8565\n\nFax: (206) 870-8492\n\nwww.advantageproxy.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.advantageproxy.com&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=www.advantageproxy.com&index=6&md5=61d56aee172f433baeff1da69b36961a)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw8fmmKCa-20261014","title":"Everli's Asset-Light Marketplace Brings Italy's 13 Largest Grocers Online","author":"Business Wire","ticker":"MACI","created":"2026-10-14T10:00:00.239Z","tickers":["MACI"],"exchange":"NASDAQ","article_body":"Everli's Asset-Light Marketplace Brings Italy's 13 Largest Grocers Online\n\n\n * More than 95 retail partners, 1,150+ stores and 300,000+ products across 60+\nprovinces, with no warehouses, fleets or added retailer staff\n\n * Partnered with all 13 of Italy's largest grocers\n\n * Fully managed white-label service powers retailers' own branded online stores\n\n * Believed to be Italy's only gig delivery platform with a national union\nagreement\n\nEverli Global Inc. (“Everli”), a leading e-grocery marketplace and\ndelivery platform in Italy, today outlined the business model behind its\nretail network. Everli\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.everli.com%2F&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=Everli&index=1&md5=78186a923872b852c88e2c33d85ea8c4)\noperates exclusively in Italy in over 60 provinces and has partnered with more\nthan 95 retailers, including the 13 largest grocers in Italy, such as Lidl,\nCoop, Conad, Carrefour, and Esselunga. Everli's platform offers access to\nproducts from more than 1,150 stores across the country.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20261014126455/en/\n(https://www.businesswire.com/news/home/20261014126455/en/)\n\nVisit https://www.everli.com/\n\nEverli has entered into an agreement and plan of merger, as amended (the\n“Merger Agreement”), with Melar Acquisition Corp. I (Nasdaq: MACI\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.nasdaq.com%2Fmarket-activity%2Fstocks%2Fmaci&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=MACI&index=2&md5=a5122903ff294b7ab7d5f0c2aedfa87f)\n) (“Melar”) for a proposed business combination (the “Business\nCombination”). Upon closing, the combined company is expected to be named\nEverli Global Holdings Inc. and trade on Nasdaq under the ticker “EVRL.”\n\n“Online grocery in Italy is still in its early chapters, and Everli intends\nto write the next ones,” said Salvatore Palella, Chairman & CEO of\nEverli. “We are committed to adopting new technologies as they emerge to\nmake shopping for groceries online simpler, smarter and more personal. But\ntechnology is only half of the story. Our shoppers bring a distinctly Italian\ntouch to every order, picking the ripest produce and honoring every preference\nas if they were shopping for their own family. Pairing that care with Italy's\nlargest grocers and a platform built to scale is how we plan to lead the\nfuture of grocery shopping in Italy.”\n\nHow the model works\n\nEverli connects consumers with the grocery retailers they already trust.\nCustomers order through Everli's app or website from their preferred store. An\nindependent personal Everli shopper then shops the order in store, pays with\nan Everli pre-paid card and delivers it to the customer's door. Everli's large\nnetwork of weekly active shoppers provides true end-to-end fulfillment.\n\nEverli is built to grow alongside its partners. Rather than investing in\nwarehouses, delivery fleets or inventory, Everli runs on the stores its retail\npartners already operate, so a grocer can open an online channel without\nchanging how its stores work. That lets Everli expand its network quickly as\nnew retailers join and focus on its investment where it matters most: its\ntechnology and its shopper network.\n\nValue for retailers\n\n\n * A fully outsourced online channel. Everli handles the order from selection and\npurchase to delivery, integrated with retailer systems and minimal store\ndisruption.\n\n * No new capex or opex. Retailers need no warehouses, online platforms, delivery\nfleets, or delivery staff. They pay a commission on completed transactions.\n\n * Full catalogs and in-store pricing. Customers get each retailer's complete\nin-store catalog, including loyalty program participation.\n\n * Sales data and insights. Partners use Everli's data to analyze sales trends\nand consumer behavior.\n\n * White-label option. Launched in October 2025 with its first nationwide\ndeployment, Everli's fully managed white-label service runs a retailer-branded\nonline store on the retailer's own domain. One of Italy's largest retailers\nadopted it in December 2025.\n\nValue for consumers and shoppers\n\nCustomers get convenience, personalization and access to the brands they\nprefer, with delivery in as little as two hours or scheduled days ahead. This\nmakes Everli a destination for large-basket, weekly grocery orders.\n\nShoppers benefit from flexible, union-protected work. Everli believes it is\nthe only gig delivery company in Italy with a collective bargaining agreement\nwith the national unions CGIL, CISL and UIL.\n\nDiversified revenue\n\nEverli earns revenue from several streams:\n\n\n * Commissions from retailers on each order\n\n * Product markups\n\n * Service and delivery fees, plus Everli Plus memberships, available monthly or\nannually\n\n * Advertising and retail media from consumer brands, including sponsored\nproducts and display ads\n\n * Partnership agreements for aggregated insights on customer behavior\n\nRoom to grow\n\nOnline grocery accounted for only about 2.5% of Italy's total grocery sales in\n2024, compared with 12.5% in the United States, leaving substantial room for\ngrowth as Italian shoppers move online. Since its founding in 2014, Everli has\nserved millions of Italian households. Many of its largest retail partners\nalso operate across Europe, and Everli believes these relationships could\nsupport future European expansion, though it does not expect to enter markets\noutside Italy in the twelve months following the business combination.\n\nAbout Everli\n\nEverli is a leading e-grocery marketplace and delivery platform in Italy.\nFounded in 2014, Everli connects consumers with their preferred grocery\nretailers through its online platform and a network of over one thousand\nweekly active independent shoppers who shop and deliver each order end to end,\nhaving served millions of Italian households. Everli's asset-light model gives\nretailers a fully outsourced e-commerce channel built on their existing store\nfootprint. For more information, visit www.everli.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.everli.com&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=www.everli.com&index=3&md5=167a3d163e95106c12ab43fc0d756b6a)\n.\n\nAbout Melar Acquisition Corp. I\n\nMelar (Nasdaq: MACI) is a special purpose acquisition company sponsored by\nMelar Acquisition Sponsor I LLC and incorporated under the laws of Cayman\nIslands exempted company for the purpose of effecting a merger, amalgamation,\nshare exchange, asset acquisition, share purchase, reorganization, or similar\nbusiness combination with one or more businesses.\n\nAdditional Information and Where to Find It\n\nMelar and Everli Global Inc. have filed with the SEC a registration statement\non Form S-4 (File No. 333-298505), as amended (the “Registration\nStatement”), which includes a definitive proxy statement/prospectus and was\ndeclared effective by the Securities and Exchange Commission (the “SEC”)\non October 2, 2026. Melar has mailed the definitive proxy statement/prospectus\nto its shareholders as of September 28, 2026, the record date for the\nextraordinary general meeting. SHAREHOLDERS AND OTHER INTERESTED PERSONS ARE\nURGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS\nFILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY, BECAUSE THEY CONTAIN\nIMPORTANT INFORMATION ABOUT MELAR, EVERLI AND THE BUSINESS COMBINATION. Copies\ncan be obtained free of charge at www.sec.gov\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sec.gov&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=www.sec.gov&index=4&md5=e9d36369c07b19de73c32e7d98cf8fcb)\nor by contacting Melar's proxy solicitor, Advantage Proxy, Inc., at (877)\n870-8565 (toll free) or ksmith@advantageproxy.com\n(mailto:ksmith@advantageproxy.com) .\n\nParticipants in the Solicitation\n\nMelar, Everli and their respective directors and executive officers may be\ndeemed participants in the solicitation of proxies from Melar's shareholders\nin connection with the Business Combination. Information about these persons\nand their interests, which may differ from those of shareholders generally, is\nset forth in the Registration Statement on Form S-4 and the definitive proxy\nstatement/prospectus.\n\nNo Offer or Solicitation\n\nThis press release is not a proxy statement or a solicitation of a proxy,\nconsent or authorization with respect to any securities or the Business\nCombination, and is not an offer to sell or a solicitation of an offer to buy\nany securities, nor shall there be any sale of securities in any jurisdiction\nin which such offer, solicitation or sale would be unlawful prior to\nregistration or qualification under the securities laws of such jurisdiction.\nNo offering of securities shall be made except by means of a prospectus\nmeeting the requirements of the Securities Act of 1933, as amended.\n\nForward-Looking Statements\n\nThis press release contains forward-looking statements within the meaning of\nthe U.S. federal securities laws with respect to the parties and the Business\nCombination set out in the Registration Statement. Melar’s and/or Everli’s\nactual results may differ from their expectations, estimates and projections\nand consequently, you should not rely on these forward-looking statements as\npredictions of future events. Forward-looking statements include statements\nconcerning plans, objectives, goals, strategies, future events or performance,\nand underlying assumptions and other statements that are other than statements\nof historical facts. No representations or warranties, express or implied are\ngiven in, or in respect of, this press release. When this press release uses\nwords such as “may,” “will,” “intend,” “should,”\n“believe,” “expect,” “anticipate,” “project,” “estimate”\nor similar expressions that do not relate solely to historical matters, it is\nmaking forward-looking statements.\n\nThese forward-looking statements and factors that may cause actual results to\ndiffer materially from current expectations include, but are not limited to:\n(1) the occurrence of any event, change or other circumstances that could give\nrise to the termination of the Merger Agreement with respect to the Business\nCombination; (2) the outcome of any legal proceedings that may be instituted\nagainst the parties and definitive agreements with respect thereto; (3) the\ninability to complete the Business Combination, including due to failure to\nobtain approval of the shareholders of Everli and Melar or other conditions to\nclosing of the Business Combination; (4) the inability to obtain or maintain\nthe listing of the combined company’s securities on Nasdaq or another\nnational securities exchange following the Business Combination; (5) the\nability of Melar to remain current with its SEC filings; (6) the risk that the\nBusiness Combination disrupts current plans and operations as a result of the\nannouncement and consummation of the Business Combination; (7) the ability to\nrecognize the anticipated benefits of the Business Combination, which may be\naffected by, among other things, competition, the ability of the combined\ncompany to grow and manage growth profitably and retain its key employees; (8)\ncosts related to the Business Combination; (9) changes in applicable laws or\nregulations; (10) the inability of Everli to implement business plans,\nforecasts, and other expectations after the completion of the Business\nCombination; (11) the risk that additional financing in connection with the\nBusiness Combination, or additional capital needed following the Business\nCombination to support Everli’s business or operations, may not be raised on\nfavorable terms or at all; and (12) other risks and uncertainties included in\ndocuments filed or to be filed with the SEC by Melar and/or Everli.\n\nThe foregoing list of factors is not exhaustive. You should carefully consider\nthe foregoing factors and the other risks and uncertainties described in the\n“Risk Factors” section of the Registration Statement referenced above and\nother documents filed by Melar and Everli from time to time with the SEC.\nThese filings will identify and address other important risks and\nuncertainties that could cause actual events and results to differ materially\nfrom those contained in the forward-looking statements. You should not place\nundue reliance upon any forward-looking statements, which speak only as of the\ndate made. There may be additional risks that neither Melar nor Everli\npresently knows, or that Melar and/or Everli currently believe are immaterial,\nthat could cause actual results to differ from those contained in the\nforward-looking statements. For these reasons, among others, investors and\nother interested persons are cautioned not to place undue reliance upon any\nforward-looking statements in this press release. Past performance by\nMelar’s or Everli’s management teams and their respective affiliates is\nnot a guarantee of future performance. Therefore, you should not place undue\nreliance on the historical record of the performance of Melar’s or\nEverli’s management teams or businesses associated with them as indicative\nof future performance of an investment or the returns that Melar or Everli\nwill, or may, generate going forward. Neither Melar nor Everli undertakes any\nobligation to publicly revise these forward-looking statements to reflect\nevents or circumstances that arise after the date of this press release,\nexcept as required by applicable law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261014126455/en/\n(https://www.businesswire.com/news/home/20261014126455/en/)\n\nMedia and Investor Relations: \n\nTony Sklar\n\nChief Strategy Officer and Head of Investor Relations\n\nTel: (347) 588-4226\n\nir@everli.com \n(mailto:ir@everli.com) \nir.everli.com \n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fir.everli.com&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=ir.everli.com&index=5&md5=46ddca7e1b20ab76f76a5dac61f9f172)\n\n\n\nProxy Solicitor: \n\nADVANTAGE PROXY, INC.\n\nTel: (206) 870-8565\n\nFax: (206) 870-8492\n\nwww.advantageproxy.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.advantageproxy.com&esheet=54621623&newsitemid=20261014126455&lan=en-US&anchor=www.advantageproxy.com&index=6&md5=61d56aee172f433baeff1da69b36961a)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-14T10:00:00.372804244Z","server_sent_at_ms":1791972000372},"received_at":"2026-10-14T10:00:00.517Z","source_url":"https://www.businesswire.com/news/home/20261014126455/en/"},"analysis":{"id":"156799","press_release_id":"168525","analysis_json":{"industry":null,"redFlags":["business combination subject to shareholder approval; termination and listing-completion risks enumerated in forward-looking statements","additional financing may be needed post-combination and may not be raised on favorable terms","no European expansion expected within twelve months of closing, limiting near-term growth to Italy"],"eventType":"m_and_a","narrative":"Everli, the e-grocery marketplace merging with Nasdaq-listed SPAC Melar Acquisition Corp. I (MACI), detailed its asset-light model ahead of the business combination: 95+ retail partners, 1,150+ stores and 300,000+ products across 60+ Italian provinces, including all 13 of Italy's largest grocers.\n\nThe deal paperwork is advancing -- the Form S-4 was declared effective by the SEC on October 2, 2026, and the definitive proxy has been mailed to shareholders of record as of September 28, 2026 for an extraordinary general meeting.\n\nUpon closing, the combined company will be named Everli Global Holdings Inc. and trade on Nasdaq under ticker EVRL. Everli's model requires no warehouses, fleets or added retailer staff, and online grocery penetration in Italy sits at roughly 2.5% versus 12.5% in the US, a gap management frames as its growth runway.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"SPAC deal on track: Everli's asset-light grocery marketplace pitches 95+ retail partners and a 2.5%-vs-12.5% penetration gap as the EVRL thesis."},"keyFigures":{"customDimensions":{"stores":"1,150+","products":"300,000+","provinces":"60+","retail_partners":"95+","largest_grocers_partnered":13,"us_online_grocery_penetration":"12.5%","italy_online_grocery_penetration_2024":"2.5%"}},"quotedText":"Online grocery in Italy is still in its early chapters, and Everli intends to write the next ones","namedEntities":{"people":[{"name":"Salvatore Palella","role":"Chairman & CEO of Everli"},{"name":"Tony Sklar","role":"Chief Strategy Officer and Head of Investor Relations, Everli"}],"products":["Everli app","Everli Plus","Everli white-label service"],"companies":[{"name":"Everli Global Inc.","ticker":"EVRL","relationship":"merger target"},{"name":"Melar Acquisition Corp. 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The deal itself was previously announced, but the effective registration statement and upcoming shareholder vote are meaningful steps toward closing."},"tickerRelevance":{"others":[{"ticker":"EVRL","relevance":"post-closing ticker of combined company"}],"primary":"MACI"},"globalImportance":30,"audienceRelevance":25,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"micro-cap SPAC","eventGravity":"m_and_a_progress_update","issuerAuthored":true,"retailFavoriteBoost":"e-grocery/gig-economy angle"}},"event_type":"m_and_a","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"Everli, the e-grocery marketplace merging with Nasdaq-listed SPAC Melar Acquisition Corp. I (MACI), detailed its asset-light model ahead of the business combination: 95+ retail partners, 1,150+ stores and 300,000+ products across 60+ Italian provinces, including all 13 of Italy's largest grocers.\n\nThe deal paperwork is advancing -- the Form S-4 was declared effective by the SEC on October 2, 2026, and the definitive proxy has been mailed to shareholders of record as of September 28, 2026 for an extraordinary general meeting.\n\nUpon closing, the combined company will be named Everli Global Holdings Inc. and trade on Nasdaq under ticker EVRL. Everli's model requires no warehouses, fleets or added retailer staff, and online grocery penetration in Italy sits at roughly 2.5% versus 12.5% in the US, a gap management frames as its growth runway.","key_figures":{"customDimensions":{"stores":"1,150+","products":"300,000+","provinces":"60+","retail_partners":"95+","largest_grocers_partnered":13,"us_online_grocery_penetration":"12.5%","italy_online_grocery_penetration_2024":"2.5%"}},"named_entities":{"people":[{"name":"Salvatore Palella","role":"Chairman & CEO of Everli"},{"name":"Tony Sklar","role":"Chief Strategy Officer and Head of Investor Relations, Everli"}],"products":["Everli app","Everli Plus","Everli white-label service"],"companies":[{"name":"Everli Global Inc.","ticker":"EVRL","relationship":"merger target"},{"name":"Melar Acquisition Corp. I","ticker":"MACI","relationship":"SPAC acquirer"},{"name":"Lidl","relationship":"retail partner"},{"name":"Coop","relationship":"retail partner"},{"name":"Conad","relationship":"retail partner"},{"name":"Carrefour","relationship":"retail partner"},{"name":"Esselunga","relationship":"retail partner"},{"name":"Advantage Proxy, Inc.","relationship":"proxy solicitor"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-14T10:00:08.561Z","global_importance":30,"audience_relevance":25,"importance_components":{"tickerTier":"micro-cap SPAC","eventGravity":"m_and_a_progress_update","issuerAuthored":true,"retailFavoriteBoost":"e-grocery/gig-economy angle"}},"durationMs":8016,"modelName":"glm-5.3-flashx"}}