Maywood Acquisition Corp. Completes $86.25M Nasdaq IPO

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Maywood Acquisition Corp. Closes $86.25 Million Initial Public Offering on Nasdaq

NEW YORK, February 14, 2025 Maywood Acquisition Corp. (Nasdaq: MAYAU) today announced the successful closing of its initial public offering, raising gross proceeds of $86,250,000. The offering included the full exercise of the underwriters over-allotment option.

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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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