Recent Updates — IPEX

Inflection Point Acquisition Corp. V consummated its business combination with GOWell Technology Limited on September 24–25, 2026. The SPAC merged into PubCo (GOWell Energy Technology), which continues as the surviving entity and will trade on Nasdaq under ticker "GOW" starting September 28, 2026. Approximately 1,055,858 public shares were redeemed at ~$10.63 per share for an aggregate payment of $11 million. Concurrently, a PIPE investment provided $70 million in gross proceeds ($50 million at closing and $20 million previously). New management was appointed, including Guillaume Borrel as CEO. The company operates in the energy sector, providing well logging technologies and distributed sensing solutions.

Inflection Point Acquisition Corp. V filed an 8-K on August 31, 2026, announcing amendments to its business combination agreement with GOWell Technology Limited that terminate post-closing transfer restrictions (lock-ups) for the Sponsors and financial representatives. Consequently, approximately 3,337,500 PubCo Ordinary Shares held by Inflection Point Fund I LP, Maywood Sponsor LLC, Cohen & Company Capital Markets, and Seaport Global Securities LLC will be freely tradeable immediately following the merger closing. The filing also supplements the proxy statement for an extraordinary general meeting scheduled for September 3, 2026, to approve the business combination. Inflection Point Acquisition Corp. V is a blank check company (SPAC) organized in the Cayman Islands to effect a merger or acquisition with GOWell Technology Limited.