Maywood Acquisition Corp. 2 closes $115 million blank-check IPO, no target named
Maywood Acquisition Corp. 2, a Cayman Islands blank check company, closed its initial public offering on April 15, 2026, selling 11,500,000 units at $10.00 each for gross proceeds of $115,000,000, including 1,500,000 units under the underwriters' over-allotment option. The audited April 15 balance sheet reflects $100,000,000 in the trust account and refers to 10,000,000 units, so the filing does not reconcile the final unit count. The company has not selected a target business, so shareholder funds remain in trust until a business combination is completed or the company liquidates.
Key points
- IPO closed April 15, 2026: 11,500,000 units at $10.00 per unit, gross proceeds of $115,000,000, including 1,500,000 units under the over-allotment option
- Private placement of 140,000 units at $10.00 per unit to sponsor West Pike, LLC, for proceeds of $1,400,000
- Balance sheet as of April 15, 2026 shows $100,000,000 held in the trust account
- Company has until 12 months after the IPO closing (15 months if a business combination agreement is announced) to complete a deal
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.