other material
confidence high
sentiment positive
materiality 0.65
Maywood Acquisition Corp. 2 closes $115M IPO; $100M placed in trust
Maywood Acquisition Corp. 2
- IPO of 11,500,000 units at $10/unit (including over-allotment); gross proceeds $115M.
- Simultaneous private placement of 140,000 units to sponsor West Pike, LLC for $1.4M.
- Trust Account funded with $100M; audited balance sheet shows $100.59M total assets.
- Each unit consists of one Class A share, one right (1/4 share upon biz comb), one warrant at $11.50.