# Inflection Point Acquisition Corp. V (IPEXU) — merger/spac_merger [pending]
Source: SEC API (secapi.ai) · situation sit_b512120781ecdfd02967 · retrieved 2026-08-12T21:27:09.694Z

## Overview
Inflection Point Acquisition Corp. V is a Cayman Islands exempted company and blank-check SPAC pursuing a business combination with GOWell Technology Limited.

On January 7, 2026, Inflection Point Acquisition Corp. V (formerly Maywood Acquisition Corp.) and its sponsor Inflection Point Fund I LP amended the promissory note dated February 12, 2025, increasing the aggregate principal amount from $500,000 to $700,000 to reflect a $200,000 advance by the sponsor for working capital. The note is non-interest bearing; the initial $500,000 is repayable only upon closing of the SPAC's initial business combination, while the additional $200,000 is due upon the earlier of the business combination closing or the SPAC's liquidation. The note may not be prepaid, and if a business combination is not consummated, the $500,000 principal will be extinguished and forgiven.

## Terms
- Counterparty: Inflection Point Fund I LP · Deal value: $700,000 · Consideration: cash

## Key dates
- Announced 2026-07-17

## Timeline
- 2026-01-09 · 425 (0001213900-26-002934): 425 - Inflection Point Acquisition Corp. V — *Inflection Point Acquisition Corp. V is a Cayman Islands exempted company and blank-check SPAC pursuing a business combination with GOWell Technology Limited.* On January 7, 2026, Inflection Point Acquisition Corp. V (formerly Maywood Acquisition Corp.) and its sponsor Inflection Point Fund I LP amended the promissory note dated February 12, 2025, increasing the aggregate principal amount from $500,000 to $700,000 to reflect a $200,000 advance by the sponsor for working capital. The note is non-interest bearing; the initial $500,000 is repayable only upon closing of the SPAC's initial business combination, while the additional $200,000 is due upon the earlier of the business combination closing or the SPAC's liquidation. The note may not be prepaid, and if a business combination is not consummated, the $500,000 principal will be extinguished and forgiven.
  https://www.sec.gov/Archives/edgar/data/2028355/0001213900-26-002934.txt
- 2026-07-17 · 425 (0001213900-26-079198): 425 - Inflection Point Acquisition Corp. V — *Inflection Point Acquisition Corp. V is a Cayman Islands exempted company and blank-check acquisition vehicle that is combining with GOWell Technology Limited, a Cayman Islands exempted company.* On July 13, 2026, Inflection Point Acquisition Corp. V (IPEX) and GOWell Technology Limited amended their Business Combination Agreement to modify the earnout structure and transaction expenses. The amendment adds a new earnout tier allowing partial earnout at 80% achievement of the 2026 EBITDA Target (2,890,000 shares), in addition to the existing 90% tier (3,330,000 shares) and 100% tier (5,000,000 shares), mirroring the earnout structure for 2027 and 2028 EBITDA targets. The amendment also increases the cap on SPAC Transaction Expenses from $8,000,000 to $9,000,000 and carves out specified expenses including deferred underwriting commissions, non-cash advisory fees from Cohen & Company Capital Markets, and certain financial advisor fees (capped at $2,000,000).
  https://www.sec.gov/Archives/edgar/data/2028355/0001213900-26-079198.txt

## Citations
- 0001213900-26-002934 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026002934
- 0001213900-26-079198 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026079198