other material
confidence high
sentiment neutral
materiality 0.60
Maywood Acquisition Corp. closes $86.25M IPO on Feb 14, 2025
Inflection Point Acquisition Corp. V
- Sold 8,625,000 units at $10.00 each (incl. over-allotment); gross proceeds $86,250,000.
- Private placement of 265,625 units to sponsor and underwriters for $2,656,250.
- Sponsor loan of $500,000 added to trust; must complete business combination within 15 months.
- Audited balance sheet shows $86.25M in trust; shareholders' deficit of -$3.33M from offering costs.
- Going concern note: failure to complete combination triggers liquidation and dissolution.