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GOWell Technology Announces SPAC Merger with Maywood

Story Highlights
  • GOWell Technology Limited is a leader in well logging technologies, serving a $7.4 billion market.
  • GOWell announced a business combination with Maywood Acquisition Corp. to go public, valued at $401.4 million.
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Maywood Acquisition Corp. Class A ( (MAYA) ) has provided an announcement.

On October 14, 2025, GOWell Technology Limited announced a business combination with Maywood Acquisition Corp., a SPAC led by Inflection Point Asset Management. This transaction, valued at a pro-forma enterprise value of $401.4 million, will see GOWell go public under the name GOWell Energy Technology on the Nasdaq. The deal, expected to close in early 2026, aims to enhance GOWell’s market share and geographic reach, leveraging Inflection Point’s capital and expertise. The combined company will benefit from a $70 million PIPE investment, with GOWell’s existing equity holders retaining a 64.7% stake. The transaction highlights GOWell’s strategic positioning in the energy sector, driven by trends like aging infrastructure and regulatory changes, and aims to expand its innovative technology solutions.

More about Maywood Acquisition Corp. Class A

GOWell Technology Limited is an international leader in well logging technologies, providing innovative solutions for well integrity, environmental risk management, and production optimization in the energy sector. The company serves a $7.4 billion wireline logging market and is positioned for growth with a strong patent portfolio and long-term relationships with major oilfield service companies. Headquartered in Singapore, GOWell operates globally with regional hubs in the United States, UAE, and China.

Average Trading Volume: 64,328

Technical Sentiment Signal: Strong Buy

Find detailed analytics on MAYA stock on TipRanks’ Stock Analysis page.

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