Inflection Point Acquisition Corp. V 8-K

What Happened Inflection Point Acquisition Corp. V (the SPAC, formerly Maywood Acquisition Corp.) filed an 8-K disclosing that on January 7, 2026 it and its sponsor, Inflection Point Fund I LP, executed an amendment to a promissory note. The amendment increases the aggregate principal of the promissory note to $700,000 to reflect a $200,000 working-capital advance by the sponsor. The original promissory note was dated February 12, 2025.

Key Details

• Amendment dated January 7, 2026 increases the Promissory Note principal to $700,000.
• $200,000 advance by sponsor added to the prior $500,000 loan.
• The Promissory Note is non‑interest bearing and payable in cash.
• Repayment terms: the initial $500,000 is payable only upon closing of the SPAC’s initial business combination; the additional $200,000 is payable upon the earlier of the initial business combination closing or the SPAC’s liquidation. The note may not be prepaid by the SPAC.

Why It Matters This filing creates a direct financial obligation of the SPAC and clarifies how sponsor-provided working capital will be repaid. For investors, the amendment affects the SPAC’s near-term cash structure and indicates the sponsor provided additional funding to support operations prior to a business combination or liquidation. The note’s non‑interest, non‑prepayable nature and differing repayment triggers for the two tranches are important when assessing potential recoveries and capitalization in either a closing or liquidation scenario.