Maywood Acquisition Corp. (MAYAU) is a blank check company, or special purpose acquisition company (SPAC), incorporated in the Cayman Islands whose principal business activity is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company does not have significant operations and generates no revenue from ongoing products or services, as it focuses exclusively on identifying and completing an initial business combination. It targets companies with enterprise values between $200 million and $2 billion and revenues between $50 million and $500 million, without limitation to any specific sector. Maywood Acquisition Corp. was founded on May 31, 2024, and is headquartered in Albany, New York; its units trade on the Nasdaq Global Market.
In February 2025, the company completed an upsized initial public offering of 8,625,000 units at $10.00 per unit, raising $86.25 million in gross proceeds, with $86.25 million placed in trust to fund a future business combination. It recently entered into a definitive business combination agreement in October 2025 with GOWell Technology Limited, a global innovator in well logging technologies and distributor of sensing solutions for energy companies, valuing GOWell at a pro forma enterprise value of $401.4 million; the transaction is supported by Inflection Point Asset Management and aims to take the combined entity public, subject to closing conditions and shareholder approval by August 14, 2026. In November 2025, shareholders approved a name change to Inflection Point Acquisition Corp. V, aligning with its sponsor affiliation, while the sponsor adjusted its founder shares through forfeiture. The company operates globally in pursuit of targets, with no current subsidiaries or parent relationships beyond its sponsor, Maywood Sponsor LLC.