InvestmentApr 21, 2026, 04:06 PM
Maywood Acquisition Corp. 2 Completes $115M IPO
AI Summary
Maywood Acquisition Corp. 2 (MYX) successfully completed its initial public offering on April 15, 2026, raising $115 million by selling 11.5 million units at $10.00 each. Each unit comprises one Class A ordinary share, one right, and one redeemable warrant. Concurrently, the company completed a private placement of 140,000 units to its sponsor, West Pike, LLC, generating an additional $1.4 million.
Key Highlights
- IPO of 11,500,000 units at $10.00 per unit.
- Generated gross IPO proceeds of $115,000,000.
- Private placement of 140,000 units at $10.00 per unit.
- Private placement generated $1,400,000 in proceeds.
- Each unit includes one Class A ordinary share, one right, and one warrant.