8-K - Maywood Acquisition Corp. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Inflection Point Acquisition Corp. V amended its promissory note with sponsor Inflection Point Fund I LP, increasing principal to $800,000 via a $100,000 advance for working capital.

Key Takeaways

1Entered Amendment No. 2 to Promissory Note on April 2, 2026.

2Principal increased from $700,000 to $800,000 to reflect $100,000 sponsor advance.

3Original note dated February 12, 2025, previously amended January 7, 2026.

4Advance supports SPAC working capital needs.

5Exhibit 10.1 contains full Promissory Note Amendment text.

Current Report Details

Event Type

Material Agreement

Financing

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

of this Current Report on Form 8-K is incorporated by reference into this Item 2.03 to the extent required herein. ** ** **Additional Information and Where to F

Material Agreement

Source Document

2.03

. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.** ** ** The information relating to the Pro

Financing

9.01

Financial Statements and Exhibits.** ** ** **(d) Exhibits.** ** ** | Exhibit | | Description | |---|---|---| | 10.1 | | Amendment No. 2 to Promissory Note, date

Exhibits Only

Transaction Details

Material Agreement

Agreement: Amendment No. 2 to Promissory Note
Parties: Inflection Point Acquisition Corp. V (Maker), Inflection Point Fund I LP (Payee)

•Increases aggregate principal amount to $800,000
•Reflects $100,000 advance for working capital
•Original note dated February 12, 2025
•Prior amendment on January 7, 2026 increased to $700,000

Debt / Financing

Instrument: Promissory Note
Principal: 800000
Use of Proceeds: working capital

Exhibits (2)

10.1

AMENDMENT NO. 2 TO PROMISSORY NOTE, DATED AS OF APRIL 2, 2026, BY AND BETWEEN INFLECTION POINT ACQUISITION CORP. V AND INFLECTION POINT FUND I LP

8-K

CURRENT REPORT