Maywood Acquisition Corp. and GOWell Technology Announce $401.4 Million Business Combination to Form GOWell Energy Technology

Reuters
2025.10.14 13:26
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GOWell Technology Limited and Maywood Acquisition Corp. have announced a $401.4 million business combination to form GOWell Energy Technology. The deal includes a $70 million Convertible Preferred Share PIPE, with $20 million already funded. The new entity is expected to list on Nasdaq in early 2026, pending approvals. Both companies' boards have unanimously approved the agreement.