Inflection Point Acquisition Corp. V Extends SPAC Deadline; Redemptions

What Happened

• Inflection Point Acquisition Corp. V (f/k/a Maywood Acquisition Corp.) filed an 8‑K (Aug 13, 2026) reporting that shareholders approved an amendment to the Company’s third amended and restated memorandum and articles of association to extend the deadline to consummate an initial business combination. Under Cayman Islands law, the amendment took effect upon shareholder approval and will be filed with the Cayman Islands Registrar of Companies.

Key Details

• 7,475,610 Class A shares were redeemed at approximately $10.59 per share from the Company’s Trust Account.
• After those redemptions, approximately $12,166,471 remained in the Trust Account.
• Post-redemptions, the Company had 4,433,765 ordinary shares outstanding: 3,443,765 Class A shares and 990,000 Class B shares.
• The Articles amendment is filed as Exhibit 3.1 to the 8‑K.

Why It Matters

• Extending the SPAC combination deadline gives the company more time to identify and close an initial business combination (merger/acquisition).
• The redemptions reduced the cash available in the Trust Account to about $12.17M, which can affect the funds available to support or consummate a transaction and is important for investors evaluating the SPAC’s remaining runway and deal prospects.
• The updated share counts and reduced trust balance are key inputs for assessing potential dilution, voting power, and the economics of any future proposed transaction.