<SEC-DOCUMENT>0001104659-25-013027.txt : 20250213
<SEC-HEADER>0001104659-25-013027.hdr.sgml : 20250213
<ACCEPTANCE-DATETIME>20250213171515
ACCESSION NUMBER:		0001104659-25-013027
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20250213
DATE AS OF CHANGE:		20250213

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Melar Acquisition Corp. I/Cayman
		CENTRAL INDEX KEY:			0002016221
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-94536
		FILM NUMBER:		25621612

	BUSINESS ADDRESS:	
		STREET 1:		119 WEST 23RD STREET
		STREET 2:		SUITE 206
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10011
		BUSINESS PHONE:		7027811120

	MAIL ADDRESS:	
		STREET 1:		119 WEST 23RD STREET
		STREET 2:		SUITE 206
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10011

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Melar Acquisition Sponsor I LLC
		CENTRAL INDEX KEY:			0002026868
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		119 WEST 23RD STREET, SUITE 206
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10011
		BUSINESS PHONE:		7027811120

	MAIL ADDRESS:	
		STREET 1:		119 WEST 23RD STREET, SUITE 206
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10011
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Melar Acquisition Sponsor I LLC -->
          <cik>0002026868</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Class A ordinary share, par value $0.0001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0002016221</issuerCik>
        <issuerName>Melar Acquisition Corp. I</issuerName>
        <issuerCusip>G6004G100</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>143 West 72nd Street, 4th Floor</com:street1>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10023</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(d)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Melar Acquisition Sponsor I LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>5621622.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>5621622.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5621622.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>Y</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.0</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>The 5,621,622 shares referred to in Rows 5, 7 and 9 represent the Class B ordinary shares of Melar Acquisition Corp. I (the "Issuer"), which will convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination (the "Business Combination") or earlier at the option of the holder on a one-for-one basis, subject to adjustment, and as more fully described under the heading "Description of Securities -- Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-279899). Melar Acquisition Sponsor I LLC (the "Sponsor") is the record holder of the Class B ordinary shares reported herein. Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC are the managing members of the Sponsor. Gautam Ivatury, the Issuer's Chief Executive Officer and Chairman, is the managing member of Eco Crown Global LLC. Eric Lifshitz, the Issuer's Chief Operating Officer and a director, is the sole and managing member of Melar Capital SPAC Sponsor I LLC. Accordingly, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC and Messrs. Gautam Ivatury and Eric Lifshitz may be deemed to have or share beneficial ownership of the Class B ordinary shares held of record by the Sponsor. The 5,621,622 shares referred to in Rows 5, 7, 9 and 11 exclude 5,000,000 Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable. The percentage referred to in Row 11 is based on 16,000,000 Class A ordinary shares issued and outstanding and 5,621,622 Class B ordinary shares issued and outstanding as of November 11, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on November 12, 2024 and assumes conversion of the 5,621,622 Class B ordinary shares owned by the Sponsor into the same number of Class A ordinary shares.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Eco Crown Global LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5621622.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5621622.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5621622.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>Y</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.0</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>The 5,621,622 shares referred to in Rows 6, 8 and 9 represent the Class B ordinary shares of the Issuer, which will convert into Class A ordinary shares concurrently with or immediately following the consummation of the Business Combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment, and as more fully described under the heading "Description of Securities -- Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-279899). The Sponsor is the record holder of the Class B ordinary shares reported herein. Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC are the managing members of the Sponsor. Gautam Ivatury, the Issuer's Chief Executive Officer and Chairman, is the managing member of Eco Crown Global LLC. Eric Lifshitz, the Issuer's Chief Operating Officer and a director, is the sole and managing member of Melar Capital SPAC Sponsor I LLC. Accordingly, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC and Messrs. Gautam Ivatury and Eric Lifshitz may be deemed to have or share beneficial ownership of the Class B ordinary shares held of record by the Sponsor. The 5,621,622 shares referred to in Rows 6, 8, 9 and 11 exclude 5,000,000 Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable. The percentage referred to in Row 11 is based on 16,000,000 Class A ordinary shares issued and outstanding and 5,621,622 Class B ordinary shares issued and outstanding as of November 11, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024 and assumes conversion of the 5,621,622 Class B ordinary shares owned by the Sponsor into the same number of Class A ordinary shares.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Melar Capital SPAC Sponsor I LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5621622.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5621622.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5621622.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>Y</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.0</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>The 5,621,622 shares referred to in Rows 6, 8 and 9 represent the Class B ordinary shares of the Issuer, which will convert into Class A ordinary shares concurrently with or immediately following the consummation of the Business Combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment, and as more fully described under the heading "Description of Securities -- Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-279899). The Sponsor is the record holder of the Class B ordinary shares reported herein. Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC are the managing members of the Sponsor. Gautam Ivatury, the Issuer's Chief Executive Officer and Chairman, is the managing member of Eco Crown Global LLC. Eric Lifshitz, the Issuer's Chief Operating Officer and a director, is the sole and managing member of Melar Capital SPAC Sponsor I LLC. Accordingly, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC and Messrs. Gautam Ivatury and Eric Lifshitz may be deemed to have or share beneficial ownership of the Class B ordinary shares held of record by the Sponsor. The 5,621,622 shares referred to in Rows 6, 8, 9 and 11 exclude 5,000,000 Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable. The percentage referred to in Row 11 is based on 16,000,000 Class A ordinary shares issued and outstanding and 5,621,622 Class B ordinary shares issued and outstanding as of November 11, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024 and assumes conversion of the 5,621,622 Class B ordinary shares owned by the Sponsor into the same number of Class A ordinary shares.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Gautam Ivatury</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5621622.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5621622.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5621622.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>Y</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.0</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>The 5,621,622 shares referred to in Rows 6, 8 and 9 represent the Class B ordinary shares of the Issuer, which will convert into Class A ordinary shares concurrently with or immediately following the consummation of the Business Combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment, and as more fully described under the heading "Description of Securities -- Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-279899). The Sponsor is the record holder of the Class B ordinary shares reported herein. Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC are the managing members of the Sponsor. Gautam Ivatury, the Issuer's Chief Executive Officer and Chairman, is the managing member of Eco Crown Global LLC. Eric Lifshitz, the Issuer's Chief Operating Officer and a director, is the sole and managing member of Melar Capital SPAC Sponsor I LLC. Accordingly, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC and Messrs. Gautam Ivatury and Eric Lifshitz may be deemed to have or share beneficial ownership of the Class B ordinary shares held of record by the Sponsor. The 5,621,622 shares referred to in Rows 6, 8, 9 and 11 exclude 5,000,000 Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable. The percentage referred to in Row 11 is based on 16,000,000 Class A ordinary shares issued and outstanding and 5,621,622 Class B ordinary shares issued and outstanding as of November 11, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024 and assumes conversion of the 5,621,622 Class B ordinary shares owned by the Sponsor into the same number of Class A ordinary shares.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>Eric Lifshitz</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>5621622.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>5621622.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5621622.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>Y</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>26.0</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>The 5,621,622 shares referred to in Rows 6, 8 and 9 represent the Class B ordinary shares of the Issuer, which will convert into Class A ordinary shares concurrently with or immediately following the consummation of the Business Combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment, and as more fully described under the heading "Description of Securities -- Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-279899). The Sponsor is the record holder of the Class B ordinary shares reported herein. Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC are the managing members of the Sponsor. Gautam Ivatury, the Issuer's Chief Executive Officer and Chairman, is the managing member of Eco Crown Global LLC. Eric Lifshitz, the Issuer's Chief Operating Officer and a director, is the sole and managing member of Melar Capital SPAC Sponsor I LLC. Accordingly, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC and Messrs. Gautam Ivatury and Eric Lifshitz may be deemed to have or share beneficial ownership of the Class B ordinary shares held of record by the Sponsor. The 5,621,622 shares referred to in Rows 6, 8, 9 and 11 exclude 5,000,000 Class A ordinary shares which may be purchased by exercising warrants that are not presently exercisable. The percentage referred to in Row 11 is based on 16,000,000 Class A ordinary shares issued and outstanding and 5,621,622 Class B ordinary shares issued and outstanding as of November 11, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024 and assumes conversion of the 5,621,622 Class B ordinary shares owned by the Sponsor into the same number of Class A ordinary shares.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Melar Acquisition Corp. I</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>143 West 72nd Street, 4th Floor, New York, NY 10023</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>Melar Acquisition Sponsor I LLC, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC, Gautam Ivatury and Eric Lifshitz (collectively, the "Reporting Persons")</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>143 West 72nd Street, 4th Floor
New York, NY 10023</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Each of Melar Acquisition Sponsor I LLC, Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC is a limited liability company formed in Delaware. Each of Gautam Ivatury and Eric Lifshitz is a citizen of the United States of America.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>The responses to Items 5-11 of the cover pages of this Schedule 13G are incorporated herein by reference. As of December 31, 2024, the Reporting Persons may be deemed to beneficially own 5,621,622 of the Issuer's Class B ordinary shares, representing 26.0% of the total Class A ordinary shares issued and outstanding and assuming the conversion of all issued and outstanding Class B ordinary shares of the Issuer. The Sponsor is the record holder of the Class B ordinary shares reported herein. Eco Crown Global LLC and Melar Capital SPAC Sponsor I LLC are the managing members of the Sponsor. Gautam Ivatury, the Issuer's Chief Executive Officer and Chairman, is the managing member of Eco Crown Global LLC. Eric Lifshitz, the Issuer's Chief Operating Officer and a director, is the sole and managing member of Melar Capital SPAC Sponsor I LLC. Accordingly, Eco Crown Global LLC, Melar Capital SPAC Sponsor I LLC and Messrs. Gautam Ivatury and Eric Lifshitz may be deemed to have or share beneficial ownership of the Class B ordinary shares held of record by the Sponsor.</amountBeneficiallyOwned>
        <classPercent>The 5,621,622 Class B ordinary shares owned by the Reporting Persons constitute 26.0% of the total number of (i)16,000,000 Class A ordinary shares issued and outstanding and (ii) 5,621,622 Class B ordinary shares issued and outstanding as of November 11, 2024 as reported in the Issuer's Quarterly Report on Form 10-Q filed with the SEC on November 12, 2024 and assumes the conversion of all 5,621,622 Class B ordinary shares owned by the Reporting Persons. The Class B ordinary shares are convertible into the Issuer's Class A ordinary shares concurrently with or immediately following the consummation of the Business Combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment, as more fully described under the heading "Description of Securities -- Founder Shares" in the Issuer's registration statement on Form S-1 (File No. 333-279899).</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>Melar Acquisition Sponsor I LLC: 5,621,622, Eco Crown Global LLC: 0, Melar Capital SPAC Sponsor I LLC: 0, Gautam Ivatury: 0, and Eric Lifshitz: 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>Melar Acquisition Sponsor I LLC: 0, Eco Crown Global LLC: 5,621,622, Melar Capital SPAC Sponsor I LLC: 5,621,622, Gautam Ivatury: 5,621,622, and Eric Lifshitz: 5,621,622</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>Melar Acquisition Sponsor I LLC: 5,621,622, Eco Crown Global LLC: 0, Melar Capital SPAC Sponsor I LLC: 0, Gautam Ivatury: 0, and Eric Lifshitz: 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>Melar Acquisition Sponsor I LLC: 0, Eco Crown Global LLC: 5,621,622, Melar Capital SPAC Sponsor I LLC: 5,621,622, Gautam Ivatury: 5,621,622, and Eric Lifshitz: 5,621,622</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>Y</notApplicableFlag>
      </item10>
    </items>
    <exhibitInfo>Exhibit
Number     Description

99.1            Joint Filing Agreement, dated February 13, 2025.</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>Melar Acquisition Sponsor I LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Gautam Ivatury</signature>
        <title>Gautam Ivatury/Managing Member of Eco Crown Global LLC, as a Managing Member of Melar Acquisition Sponsor I LLC</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Eco Crown Global LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Gautam Ivatury</signature>
        <title>Gautam Ivatury/Managing Member</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Melar Capital SPAC Sponsor I LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Eric Lifshitz</signature>
        <title>Eric Lifshitz/Managing Member</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Gautam Ivatury</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Gautam Ivatury</signature>
        <title>Individual</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Eric Lifshitz</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Eric Lifshitz</signature>
        <title>Individual</title>
        <date>02/13/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>tm256572d1_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT 99.1</B></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>JOINT FILING AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In accordance with Rule 13d-1(k)
under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement
on Schedule 13G (including any and all amendments thereto) with respect to the Class A ordinary shares, $0.0001 par value per share, of
Melar Acquisition Corp. I, and further agree that this Joint Filing Agreement shall be included as an exhibit to such joint filings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The undersigned further agree
that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the
accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible
for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that
such information is inaccurate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Joint Filing Agreement
may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 25pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF, the undersigned
have executed this Agreement as of February 13, 2025.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Melar Acquisition Sponsor I LLC,</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">a Delaware limited liability company</P></TD></TR>
  <TR>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 4%; font-size: 10pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 46%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Eco Crown Global LLC</B>,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">a managing member of Melar Acquisition Sponsor I LLC</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 8%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 42%"><FONT STYLE="font-size: 10pt"><I>/s/ Gautam Ivatury</I></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Gautam Ivatury</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Eco Crown Global LLC</B>,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">a Delaware limited partnership</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 8%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 42%"><FONT STYLE="font-size: 10pt"><I>/s/ Gautam Ivatury</I></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Gautam Ivatury</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Melar Capital SPAC Sponsor I LLC</B>,</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">a Delaware limited partnership</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 8%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 42%"><FONT STYLE="font-size: 10pt"><I>/s/ Eric Lifshitz</I></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Eric Lifshitz</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Managing Member</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><I>&nbsp;/s/ Gautam Ivatury</I></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 35%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">Gautam Ivatury</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><I>/s/ Eric Lifshitz</I></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 35%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">Eric Lifshitz</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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