Maywood Acquisition Corp. 2 (Nasdaq: MYXXU) prices $100M SPAC IPO units
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.
Key Figures
Key Terms
initial public offering financial
blank check company financial
initial business combination financial
over-allotments financial
forward-looking statements regulatory
registration statement regulatory
FAQ
What did Maywood Acquisition Corp. 2 (MYXXU) announce about its IPO?
What does each Maywood Acquisition Corp. 2 (MYXXU) unit include?
On which exchange will Maywood Acquisition Corp. 2 (MYXXU) securities trade?
What is the business purpose of Maywood Acquisition Corp. 2 (MYXXU)?
Who is leading Maywood Acquisition Corp. 2 (MYXXU) and who manages the IPO?
Does Maywood Acquisition Corp. 2 (MYXXU) have an over-allotment option for its IPO?
Filing Exhibits & Attachments
16 documentsPress Releases
Agreements & Contracts
Other Documents
- EX-1.1 UNDERWRITING AGREEMENT 242.9 KB
- EX-3.1 MEMORANDUM 274.6 KB
- EX-4.1 RIGHTS AGREEMENT 74.3 KB
- EX-4.2 WARRANT AGREEMENT 97.6 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 5.7 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 17.0 KB
- EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 901 B
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 12.4 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 6.3 KB