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Maywood Sponsor converts founder shares; Inflection Point gains board influence

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Maywood Sponsor LLC amended its Schedule 13D to report a securities transfer and conversion related to Maywood Acquisition Corp. Pursuant to a September 8, 2025 transfer agreement, the Sponsor sold 990,000 Class B ordinary shares to Inflection Point Fund I LP for an aggregate purchase price of $1,300,000. Effective September 9, 2025, the Sponsor converted the remaining 2,028,750 Class B ordinary shares into Class A ordinary shares on a one-for-one basis.

After these transactions the Sponsor beneficially holds 2,153,750 ordinary shares, representing 15.5% of the issuer's Class A ordinary shares based on 13,938,125 outstanding. The Sponsor agreed to cause current officers and directors (other than CFO Zikang Wu) to resign and to have new officers and directors appointed by Inflection Point Fund I LP; the Sponsor also agreed to vote retained shares in favor of the proposed business combination and related proposals.

Positive

  • Raised $1,300,000 from the sale of 990,000 Class B ordinary shares to Inflection Point Fund I LP.
  • Sponsor retains significant stake with 2,153,750 ordinary shares (15.5%) after conversion, preserving meaningful alignment with future outcomes.
  • Voting support pledged by the Sponsor for the business combination and related proposals, which may facilitate shareholder approvals.

Negative

  • Governance control transferred in practice to Inflection Point Fund I LP through agreed resignations and appointments of officers and directors (except the CFO).
  • Material change in management composition effective at closing or upon election, increasing near-term uncertainty about strategic direction.

Insights

TL;DR: Sponsor sold founder shares and converted the remainder, enabling Inflection Point to acquire influence ahead of the business combination.

The transfer of 990,000 Class B shares for $1.3 million and the one-for-one conversion of 2,028,750 Class B shares into Class A shares materially reconfigures the Sponsor's ownership profile. The agreement to have existing officers and most directors resign and to appoint designees of Inflection Point Fund I LP is a clear step toward aligning corporate governance with the buyer's objectives prior to the business combination. The Sponsor's commitment to vote retained securities in favor of the business combination reduces shareholder uncertainty around approval votes.

TL;DR: Governance control is shifting to Inflection Point via director and officer replacements tied to the transfer agreement.

The filing documents explicit governance changes: the Sponsor will cause resignations of existing officers and directors (except CFO Zikang Wu) and permit appointment of Inflection Point designees, effective upon election or expiration of waiting periods. This is a material governance event because it changes who controls board nominations and management execution during a critical transaction window. The Sponsor also granted voting support obligations for the retained securities, strengthening the buyer's ability to secure required approvals.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Based on 13,938,125 of the Issuer's Class A ordinary shares outstanding as of the date of this Schedule 13D/A. Excludes 25,000 Class A ordinary shares issuable upon conversion of 125,000 rights held by the reporting person, with each right representing the right to receive one-fifth of one Class A ordinary share upon the consummation of the Issuer's initial business combination, which are not deemed convertible within 60 days.


SCHEDULE 13D


Maywood Sponsor LLC
Signature:/s/ Zikang Wu
Name/Title:Zikang Wu, Authorized Signatory
Date:09/12/2025

FAQ

What did Maywood Sponsor LLC sell and for how much?

The Sponsor sold 990,000 Class B ordinary shares to Inflection Point Fund I LP for an aggregate purchase price of $1,300,000.

How many shares does the Sponsor beneficially hold after the transactions (MAYAU)?

As of the filing date the Sponsor beneficially holds 2,153,750 ordinary shares, representing 15.5% of the issuer's outstanding Class A ordinary shares.

Did the Sponsor convert any shares?

Yes. Effective September 9, 2025, the Sponsor converted 2,028,750 Class B ordinary shares into Class A ordinary shares on a one-for-one basis.

Were there changes to officers or the board reported in the filing?

Yes. The Sponsor agreed to cause the Company's existing officers and directors (other than CFO Zikang Wu) to resign and to have new officers and directors appointed by Inflection Point Fund I LP.

Will the Sponsor vote its retained shares on the business combination?

Yes. The Sponsor agreed to vote the Retained Founder Shares and Class A shares underlying the Retained Private Units in favor of the business combination and related proposals.
Maywood Acquisition Corp.

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