# Inflection Point Acquisition Corp. V (IPEXU) — spac/ipo [completed]
Source: SEC API (secapi.ai) · situation sit_8d3f20d7ebb7cd99f6d3 · retrieved 2026-08-14T01:25:38.276Z

## Overview
GOWell Technology Limited is a Cayman Islands holding company that provides innovative well logging technologies and distributed sensing solutions for energy companies globally, with operations through subsidiaries in Singapore, Houston, Dubai, Canada, Norway, and the People's Republic of China, serving major oil service companies and operators with a robust patent portfolio applicable to traditi…

On October 13, 2025, Inflection Point Acquisition Corp. V (SPAC) approved a Business Combination Agreement with GOWell Technology Limited and GOWell Energy Technology (PubCo), as amended on December 22, 2025 and July 13, 2026. The transaction involves two mergers: SPAC will merge into PubCo, and Merger Sub will merge into GOWell, which will become a wholly-owned subsidiary of PubCo. GOWell shareholders will receive an Initial Merger Consideration of $300,000,000 in PubCo Ordinary Shares, calculated as $300,000,000 divided by the Redemption Price (capped at $10.50 per share), estimated to be approximately 28,571,430 PubCo Ordinary Shares. Additionally, up to 20,000,000 Earnout Shares may be issued in three tranches if PubCo achieves specified EBITDA targets for fiscal years 2026, 2027, and 2028 ($35 million, $50 million, and $70 million, respectively). The transaction is expected to close following shareholder approval at an Extraordinary General Meeting scheduled for September 3, 2026.

## Terms
- Counterparty: GOWell Technology Limited · Deal value: $300.0M · Consideration: stock · Price/share: $10.5

## Key dates
- Record 2026-06-30 · Vote 2026-09-03 · Completed 2026-08-11

## Timeline
- 2026-08-11 · DEFM14A (0001213900-26-087896): DEFM14A - Inflection Point Acquisition Corp. V — *GOWell Technology Limited is a Cayman Islands holding company that provides innovative well logging technologies and distributed sensing solutions for energy companies globally, with operations through subsidiaries in Singapore, Houston, Dubai, Canada, Norway, and the People's Republic of China, serving major oil service companies and operators with a robust patent portfolio applicable to traditi…* On October 13, 2025, Inflection Point Acquisition Corp. V (SPAC) approved a Business Combination Agreement with GOWell Technology Limited and GOWell Energy Technology (PubCo), as amended on December 22, 2025 and July 13, 2026. The transaction involves two mergers: SPAC will merge into PubCo, and Merger Sub will merge into GOWell, which will become a wholly-owned subsidiary of PubCo. GOWell shareholders will receive an Initial Merger Consideration of $300,000,000 in PubCo Ordinary Shares, calculated as $300,000,000 divided by the Redemption Price (capped at $10.50 per share), estimated to be approximately 28,571,430 PubCo Ordinary Shares. Additionally, up to 20,000,000 Earnout Shares may be issued in three tranches if PubCo achieves specified EBITDA targets for fiscal years 2026, 2027, and 2028 ($35 million, $50 million, and $70 million, respectively). The transaction is expected to close following shareholder approval at an Extraordinary General Meeting scheduled for September 3, 2026.
  https://www.sec.gov/Archives/edgar/data/2028355/0001213900-26-087896.txt

## Citations
- 0001213900-26-087896 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026087896