Mergers & Acquisitions ·
Inflection Point Acquisition Corp. V entered into a Second Amendment to its Business Combination Agreement with GOWell…
MAYAInflection Point Acquisition Corp. V
Inflection Point Acquisition Corp. V entered into a Second Amendment to its Business Combination Agreement with GOWell Technology Limited to modify the earnout structure and transaction expense cap. The amendment allows for partial earnout based on 80% achievement of the 2026 EBITDA Target, mirroring the structure for 2027 and 2028 targets. Additionally, the cap on SPAC Transaction Expenses was increased from $8,000,000 to $9,000,000. Inflection Point Acquisition Corp. V is a special purpose acquisition company (SPAC) focused on identifying and completing a business combination.