Welcome to our dedicated page for Maywood Acquisition news (Ticker: MAYA), a resource for investors and traders seeking the latest updates and insights on Maywood Acquisition stock.
Maywood Acquisition Corp. (MAYA) provides investors with a centralized news hub tracking all official corporate developments for this Special Purpose Acquisition Company. This resource aggregates press releases, regulatory filings, and market-sensitive announcements related to MAYA's pursuit of business combinations.
Key updates include: merger target evaluations, unit structure adjustments, leadership changes, and SEC filing disclosures. Investors gain immediate access to primary source materials alongside contextual analysis of material events affecting MAYA's SPAC lifecycle.
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Bookmark this page for real-time updates on MAYA's search for qualifying merger candidates and related corporate actions. Verify critical dates and review original documentation directly through this comprehensive news repository.
Maywood Acquisition Corp. (NASDAQ:MAYAU) has announced that starting March 7, 2025, investors who hold units from its initial public offering can choose to trade the company's Class A ordinary shares and rights separately. The separated securities will trade on the Nasdaq Global Market under the symbols 'MAYA' (Class A ordinary shares) and 'MAYAR' (rights).
Unseparated units will continue trading under 'MAYAU'. To separate units, holders must contact Continental Stock Transfer & Trust Company through their brokers. Only whole rights will be traded, with no fractional rights being issued.
The company, registered as a Cayman exempt company, operates as a blank check company seeking business combination opportunities through merger, share exchange, asset acquisition, or similar transactions. The company is currently led by Chairman and CEO Zikang Wu.
Maywood Acquisition Corp has successfully completed its initial public offering (IPO), raising $86,250,000 in gross proceeds through the sale of 8,625,000 units at $10.00 per unit, including the full exercise of underwriters' over-allotment option of 1,125,000 units.
The units, trading on Nasdaq Global Market under symbol MAYAU, consist of one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon completing a business combination. The ordinary shares and rights will separately trade under symbols MAYA and MAYAR.
The company, formed as a Cayman exempt blank check company led by CEO Zikang Wu, aims to merge or combine with existing businesses. The entire net proceeds of $86,250,000 from the IPO, private placement, and sponsor loan have been placed in trust.
Maywood Acquisition Corp has announced the pricing of its initial public offering (IPO) of 7,500,000 units at $10.00 per unit, totaling $75 million. The units will begin trading on the Nasdaq Global Market on February 13, 2025, under the symbol 'MAYAU'. Each unit comprises one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon completing a business combination.
The company, formed as a blank check company in the Cayman Islands, aims to merge, acquire, or combine with existing businesses. The securities will later trade separately under 'MAYA' (shares) and 'MAYAR' (rights). Cohen & Company Capital Markets leads the offering, with Seaport Global Securities as joint-book-runner. Underwriters have a 45-day option to purchase up to 1,125,000 additional units to cover over-allotments.
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