GOWell to Go Public via SPAC Merger with Maywood Acquisition

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GOWell Technology to Go Public via Business Combination with Maywood Acquisition Corp. SPAC

SINGAPORE and NEW YORK - October 14, 2025 - GOWell Technology Limited, a global innovator in well logging solutions for the energy sector, has announced a definitive business combination agreement with Maywood Acquisition Corp. (Nasdaq: MAYA), a special purpose acquisition company (SPAC) led by Inflection Point Asset Management. Upon the transaction's completion, Maywood will be renamed Inflection Point Acquisition Corp. V, and the combined entity will operate as GOWell Energy Technology, expecting to trade on Nasdaq under the ticker symbol "GOW".

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About GOWell Energy Technology

GOWell Technology Limited is an international company that provides a wide range of innovative well logging technologies and distributed sensing solutions for energy companies globally. The Company maintains a multi-disciplinary research and development team with a robust patent portfolio of technology aimed to solve complex industry challenges. GOWell’s solutions can be applied to a wide range of wells from traditional energy to energy transition. The Company has a global, diverse customer base with long-term relationships with the key major oil service companies and operators in the energy sector. Headquartered in Singapore, GOWell has a global manufacturing and procurement network, with regional hubs in the United States, UAE and China in addition to regional operations that cover more than 50 countries. For more information about GOWell Technology Limited, visit www.gowell.energy.

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