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8-K2026-04-14· glm-5

MYX · Maywood Acquisition Corp. 2 Class A Ordinary Share

0001477932-26-002212

SEC filing

Summary

Maywood Acquisition Corp. 2 priced its $100 million initial public offering of 10,000,000 units at $10.00 per unit, with units scheduled to begin trading on the Nasdaq Global Market on April 14, 2026.

Key takeaways

Full analysis

Maywood Acquisition Corp. 2 has successfully priced its initial public offering, raising $100 million in gross proceeds through the sale of 10 million units at $10.00 per unit. As a blank check company, or SPAC, the firm's primary objective is to identify and consummate a business combination with one or more target businesses. The offering structure is standard for SPACs, with each unit comprising one Class A ordinary share, one right to receive one-fourth of a share upon a business combination, and one warrant exercisable at $11.50 per share. The Company is led by Zikang Wu as CEO and is sponsored by West Pike, LLC and Stone Bay, LLC. D. Boral Capital LLC is serving as the sole book-running manager. The Company has granted underwriters a 45-day option to purchase up to 1.5 million additional units to cover over-allotments, which could increase total proceeds to $115 million. Concurrently with the IPO, the Sponsor will purchase 140,000 private placement units for $1.4 million to help fund working capital and transaction costs. All IPO proceeds and private placement proceeds will be held in a trust account at JPMorgan Chase Bank, N.A., managed by Continental Stock Transfer & Trust Company, for the benefit of public shareholders until a business combination is completed or the Company liquidates. The securities are set to begin trading on the Nasdaq Global Market on April 14, 2026.