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Maywood Acquisition Corp. 2 (Nasdaq: MYXXU) prices $100M SPAC IPO units

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Maywood Acquisition Corp. 2 priced a $100,000,000 initial public offering of 10,000,000 units at $10.00 per unit. The units are expected to begin trading on the Nasdaq Global Market under the symbol "MYXXU" on April 14, 2026.

Each unit consists of one Class A ordinary share, one right to receive one-fourth of a Class A ordinary share upon completion of an initial business combination, and one warrant to purchase a Class A ordinary share at $11.50 per share, subject to adjustment. The company is a Cayman Islands blank check company formed to pursue a business combination and is led by Chairman and CEO Zikang Wu.

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Insights

SPAC prices $100M IPO, creating capital pool for a future deal.

Maywood Acquisition Corp. 2 has priced a $100,000,000 SPAC IPO at $10.00 per unit, each including a share, a right for one-fourth share, and a warrant at $11.50. This structure offers investors equity plus optionality.

The company is a Cayman Islands blank check vehicle targeting an initial business combination, led by CEO Zikang Wu, with D. Boral Capital LLC as sole book-running manager. Underwriters also have a 45-day option to buy up to 1,500,000 additional units, which could expand the capital base.

Future developments will depend on identifying and completing an initial business combination as described in the prospectus and registration statement declared effective on April 13, 2026. Forward-looking statements are explicitly subject to risk factors outlined in those documents.

IPO size $100,000,000 Initial public offering of units
Units offered 10,000,000 units Units in initial public offering
Unit price $10.00 per unit Initial public offering price
Warrant exercise price $11.50 per share Exercise price for each warrant
Over-allotment units 1,500,000 units Underwriters’ 45-day option amount
Over-allotment period 45 days Duration of underwriters’ option
Effective date April 13, 2026 Registration statement declared effective
Trading start date April 14, 2026 Expected start of Nasdaq trading for units
initial public offering financial
"announced today that it priced its initial public offering of 10,000,000 units"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
blank check company financial
"formed as a blank check company for the purpose of entering into a merger"
A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.
initial business combination financial
"upon the Company’s completion of an initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
over-allotments financial
"option to purchase up to an additional 1,500,000 units ... to cover over-allotments"
An over-allotment is a temporary extra batch of shares that the underwriters of a stock offering are allowed to sell beyond the original amount, with the right to buy those shares back later. Think of it as spare tickets sold to meet demand and then reclaimed if needed to keep the market orderly; it helps stabilize the stock price after an offering and can affect short-term supply and potential dilution, which matters to investors tracking price and ownership stakes.
forward-looking statements regulatory
"This press release contains statements that constitute “forward-looking statements.”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
registration statement regulatory
"a registration statement relating to these securities ... was declared effective"
A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

EXHIBIT 99.1

 

 

Maywood Acquisition Corp. 2 Announces Pricing of $100,000,000 Initial Public Offering

 

NEW YORK, April 13, 2026 (ACCESS NEWSWIRE)—Maywood Acquisition Corp. 2 (the “Company”) announced today that it priced its initial public offering of 10,000,000 units at $10.00 per unit. The Company’s units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading on April 14, 2026 under the ticker symbol “MYXXU.” Each unit consists of one Class A ordinary share, one right entitling its holder to receive one-fourth of one Class A ordinary share upon the Company’s completion of an initial business combination and one warrant to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. Once the securities comprising the units begin separate trading, the ordinary shares, rights and warrants are expected to be listed on Nasdaq under the symbols “MYX,” “MYXXR” and “MYXXW,” respectively.

 

The Company is a Cayman exempt company, formed as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company is led by its Chairman of the Board and Chief Executive Officer, Zikang Wu.

 

D. Boral Capital LLC is acting as the sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments, if any. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from D. Boral Capital LLC at 590 Madison Avenue, 39th Floor, New York, NY 10022 Attn: D. Boral Capital LLC, or by email at: dbccapitalmarkets@dboralcapital.com.

 

A registration statement relating to these securities was filed with the Securities and Exchange Commission (the “SEC”) and was declared effective on April 13, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

FORWARD-LOOKING STATEMENTS

 

This press release contains statements that constitute “forward-looking statements.” No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated in the offering prospectus. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

Contact:

 

Zikang Wu, CEO

ir@maywoodacq2.com

FAQ

What did Maywood Acquisition Corp. 2 (MYXXU) announce about its IPO?

Maywood Acquisition Corp. 2 announced it priced a $100,000,000 initial public offering of 10,000,000 units at $10.00 per unit. The units are expected to trade on the Nasdaq Global Market under the symbol MYXXU starting April 14, 2026.

What does each Maywood Acquisition Corp. 2 (MYXXU) unit include?

Each unit includes one Class A ordinary share, one right to receive one-fourth of a Class A ordinary share after an initial business combination, and one warrant. The warrant allows purchase of one Class A ordinary share at $11.50 per share, subject to adjustment.

On which exchange will Maywood Acquisition Corp. 2 (MYXXU) securities trade?

The company’s units will trade on the Nasdaq Global Market under the ticker MYXXU. After the securities separate, the ordinary shares, rights, and warrants are expected to trade under MYX, MYXXR, and MYXXW, respectively, according to the announcement.

What is the business purpose of Maywood Acquisition Corp. 2 (MYXXU)?

Maywood Acquisition Corp. 2 is a Cayman exempt blank check company formed to complete a business combination. It may pursue a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar transaction with one or more businesses or entities.

Who is leading Maywood Acquisition Corp. 2 (MYXXU) and who manages the IPO?

The company is led by Chairman and Chief Executive Officer Zikang Wu. D. Boral Capital LLC is acting as the sole book-running manager for the initial public offering, handling the underwriting and distribution of units to investors.

Does Maywood Acquisition Corp. 2 (MYXXU) have an over-allotment option for its IPO?

Yes. The company granted underwriters a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price. This over-allotment option can be used to cover excess demand, potentially increasing the total capital raised.

Filing Exhibits & Attachments

16 documents