Mergers & Acquisitions ·
Everli outlines asset-light e-grocery model with 1,150+ stores ahead of proposed merger with Melar
MACIMelar Acquisition Corp. I/Cayman
Everli Global Inc. issued a press release outlining its business model as part of the ongoing proposed business combination with Melar Acquisition Corp. I. Everli operates an asset-light marketplace in Italy, partnering with over 95 retailers including the country's 13 largest grocers to provide online shopping across more than 1,150 stores and 60 provinces without owning warehouses or fleets. The combined entity is expected to trade on Nasdaq under the ticker EVRL following closing. Melar Acquisition Corp. I operates as a special purpose acquisition company.