Maywood Acquisition SEC Filings

Inflection Point Acquisition Corp. V, formerly Maywood Acquisition Corp., reported that shareholders approved two proposals at an extraordinary general meeting held on November 19, 2025. Investors voted to change the company’s name from “Maywood Acquisition Corp.” to “Inflection Point Acquisition Corp. V” and to adopt a Third Amended and Restated Memorandum and Articles of Association to reflect this new name. The name change proposal received 10,769,525 votes in favor, with none against or abstaining. The articles amendment proposal received 9,150,691 votes in favor, with 1,618,834 broker non-votes and no votes against or abstaining. Because there were sufficient votes to approve these items, a planned adjournment proposal was not put to a vote.

Maywood Acquisition Corp. (MAYA) filed its quarterly report, showing a SPAC still in pre‑revenue stage with funds held for a future merger. As of September 30, 2025, cash outside the trust was $289,580 and the trust account held $88,485,688, reflecting 8,625,000 Class A shares subject to redemption at $10.26 per share. The company recorded net income of $70,891 for the quarter and $1,312,339 year‑to‑date, driven largely by interest on trust investments.

The IPO raised $86,250,000, and a $3,450,000 deferred underwriting fee remains contingent on completing a business combination. Management reported a working capital deficit of $310,639 and stated that these conditions and the liquidation deadline raise substantial doubt about the company’s ability to continue as a going concern. On October 13, 2025, after quarter‑end, Maywood signed a definitive agreement to combine with GOWell Technology Limited.

On September 9, 2025, the sponsor transferred control; 2,028,750 Class B shares were converted to Class A. As of November 12, 2025, 10,919,375 Class A and 990,000 Class B shares were outstanding.

Maywood Acquisition Corp. (MAYA) called an extraordinary general meeting on November 19, 2025 at 10:00 a.m. ET (in person at White & Case, NYC and via webcast) to vote on three items: changing its name to Inflection Point Acquisition Corp. V, adopting amended and restated articles to reflect that change, and authorizing a potential meeting adjournment.

If approved, Nasdaq tickers will change from “MAYA” and “MAYAR” to the reserved symbol IPEX after the name change becomes effective. The board unanimously recommends voting FOR all proposals. The name change and articles each require a special resolution of at least two thirds of votes cast; the adjournment requires a simple majority. Shareholders are not voting on the previously announced business combination with GOWell at this meeting. The record date is October 20, 2025; outstanding were 13,938,125 Class A shares (8,625,000 public) and 990,000 Class B shares as of that date. No redemption rights are tied to these proposals.

Maywood Acquisition Corp. called an extraordinary general meeting to vote on three items: changing its name to Inflection Point Acquisition Corp. V, adopting amended and restated articles solely to reflect that name change, and, if needed, approving an adjournment to solicit additional votes or update materials.

Both the Name Change and Articles Amendment require a special resolution of at least two thirds (2/3) of votes cast, with holders of Class A and Class B voting together as one class. The Adjournment needs a simple majority. The Record Date is October 20, 2025, when 13,938,125 Class A shares (8,625,000 public) and 990,000 Class B shares were outstanding; a quorum is one third of outstanding ordinary shares present in person or by proxy.

The filing notes a Business Combination Agreement with GoWell Technology Limited; shareholders are not voting on that transaction now and will retain the right to vote and redeem at the separate business combination meeting. The Board unanimously recommends voting FOR all proposals.

Maywood Acquisition Corp. (MAYA) signed a Business Combination Agreement with GOWell Technology Limited to create a Cayman‑incorporated PubCo via a two‑step merger, with SPAC merging into PubCo followed by GOWell merging into a PubCo subsidiary. Closing is targeted for the first quarter of 2026, subject to shareholder approvals, an effective registration statement, Nasdaq conditional listing, and Closing Proceeds equaling or exceeding $50,000,000.

The deal is supported by PIPE financing: approximately $20 million of Series A preferred shares and warrants funded at signing, and approximately $50 million to fund immediately prior to the second merger. Post‑closing, eligible holders may receive up to 20,000,000 PubCo ordinary shares as earnout, in three tranches tied to EBITDA targets. The Series A preferred carries dividends of 10% per annum if paid in kind or 8% in cash, compounds semi‑annually, converts at Accrued Value divided by $12.00, features investor put rights at 100% of Accrued Value from the fifth anniversary, and a PubCo call at 150% from the first anniversary. Warrants are immediately exercisable at $12.00 per share for five years. Sponsor and company shareholder lock‑ups generally run up to six months (30 days for certain private placement securities). PubCo’s initial board will have seven directors.

Maywood Acquisition Corp. (MAYA) Form 3 filed by Steven Tannenbaum reports an initial statement of beneficial ownership related to his role as a director. The form indicates no securities are beneficially owned by the reporting person as of the event date. The filing documents the reporting person's relationship to the issuer and is signed on 09/25/2025.

Maywood Acquisition Corp. (MAYA) - Initial Form 3: Kevin George, identified as a Director and Chief Operating Officer of Maywood Acquisition Corp., filed an initial Section 16 Form 3 reporting that he does not beneficially own any securities of the issuer. The filing is an initial ownership statement for the reporting person and lists a New York address for the reporting person. No classes of non‑derivative or derivative securities are reported as owned.

William Morris Denkin has filed an Initial Statement of Beneficial Ownership as a director of Maywood Acquisition Corp. (ticker: MAYAU). The filing lists his mailing address as c/o Maywood Acquisition Corp., 418 Broadway #6441, Albany, NY 12207. The report indicates no securities are beneficially owned by the reporting person and therefore shows no direct or indirect ownership of the issuer's equity or derivative securities at the time of the statement. The filing is an initial disclosure under Section 16 required for officers and directors to report ownership or changes; in this case, the required table entries state that there are no holdings to report.

Maywood Acquisition Corp. Schedule 13G filed on behalf of Linden Capital L.P., Linden GP LLC, Linden Advisors LP and Siu Min (Joe) Wong reports passive beneficial holdings in the Issuer's Class A ordinary shares. Collectively, Linden Advisors and Mr. Wong are reported as beneficial owners of 800,000 shares (about 6.7% of the 11,909,375 shares outstanding), while Linden Capital and Linden GP are reported as beneficial owners of 766,770 shares (about 6.4%). The filing states these holdings are not intended to influence control of the issuer and discloses shared voting and dispositive power for the reported amounts.