Hindsight Markets Recaps Small-cap stocks on October 23, 2026
MACI, October 23: an 8-K and an after-hours run to $30.00
MACI barely moved in the regular session after an 8-K, then ran to $30.00 after the close.
News via Stock News API
What happened
Before the open
The news came first: an 8-K at 4:10 p.m. Before the bell it reached $11.37, on 6 shares.
The open
It opened near its previous close, at $11.01.
The close
It closed at $11.00, near its high. After the close it ran to $30.00 by 4:42 p.m.
What to take from it: The day's real move came after the 4 p.m. close, not in the regular session.
The details
How it traded, step by step
After-hours run. It opened down 0.8% at $11.01 and traded at $11.00 at the 4:00 p.m. close, then ran 172.7% from $11.00 to $30.00 at 4:42 p.m. after the close, on 292,250 shares traded after hours.
| Time (ET) | What happened |
|---|---|
| Oct 22, 5:07 p.m. | News (Business Wire): Melar Acquisition Corp. I Announce Shareholder Approval of Business Combination with Everli Global Inc. |
| 7:56 a.m. | Pre-market high, $11.37 |
| 7:56 a.m. | High of the day to the close, $11.37 |
| 9:30 a.m. | The open: $11.01, down 0.8% from the previous close |
| 3:49 p.m. | Last trade before the 4:00 p.m. close, $11.00, 3.3% below the high |
| 4:10 p.m. | SEC filing 8-K: CURRENT REPORT |
| 4:15 p.m. | First trade 20% above the previous close of $11.10 |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $11.10
- Open, 9:30 a.m.
- $11.01
- Gap at the open
- −0.8%
- Pre-market high
- $11.37 at 7:56 a.m.
- High, 4 a.m. to 4 p.m.
- $11.37 at 7:56 a.m.
- Low, 4 a.m. to 4 p.m.
- $10.45
- Close, 4 p.m.
- $11.00
- Change at 4 p.m.
- −0.9%
- After-hours high, 4 p.m. to 8 p.m.
- $30.00 at 4:42 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1,674
- Volume after hours, 4 p.m. to 8 p.m.
- 292,250
- Relative volume by 8 p.m.
- n/m
- Float
- 19.92 million shares, from filings as of October 23, 2026
- Shares outstanding
- 25.55 million
- From news to the move: the first trade 20% above the previous close came 4 minutes after the latest SEC filing before it (8-K, 4:10 p.m.).
- Volume, from the one-minute bars: 6 shares before the 9:30 a.m. open (0%), 640 in the first 30 minutes (0%), and 293,278 in the rest of the day to 8 p.m. (100%).
- In our recaps, this is the only day MACI met the small-cap rule.
On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for MACI that day.
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay MACI on October 23, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.