<a href="https://laohu8.com/S/MAYAU">Maywood Acquisition Corp.</a> and GOWell Technology Announce $401.4 Million Business Combination to Form GOWell Energy Technology
GOWell Technology Limited, a global provider of innovative well logging solutions for the energy sector, and Maywood Acquisition Corp., a SPAC backed by Inflection Point Asset Management, have entered into an agreement to combine their businesses. The transaction values GOWell at a pro-forma enterprise value of $401.4 million. Inflection Point Asset Management will lead a $70 million Convertible Preferred Share PIPE, with $20 million already funded at signing. Upon completion, PIPE investors are expected to own approximately 14.8% of the combined company. The new entity, to be named "GOWell Energy Technology," is expected to list its shares on Nasdaq following the transaction's anticipated completion in early 2026, pending customary approvals. The boards of both GOWell and Inflection Point have unanimously approved the agreement.
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