Why Is Melar Acquisition Corp. I ($MACIU) Stock Down -16.31% Today? Shares fell 16.31%, dropping $1.85 from a prior closing level of $11.34 to $9.49. Primary

Why Is Melar Acquisition Corp. I ($MACIU) Stock Down -16.31% Today? Shares fell 16.31%, dropping $1.85 from a prior closing level of $11.34 to $9.49. Primary catalyst: The SPAC is moving toward the closing of its business combination with Everli Global Inc., pressuring the unit price toward the va…