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MAYAU

Maywood Acquisition Corp. Unit

MAYAU

Maywood Acquisition Corp. Unit • NASDAQ
$11.00 ▲ 2.73% (+0.30)
Market Cap $85.11 M
52w High $12.00
52w Low $10.03
Dividend Yield 0%
P/E 0
Volume 1
Outstanding Shares 7.74M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $0 ▼ $70.891K ▼ 0% $0.01 ▼ $0 ▲
Q2-2025 $0 $46.942K ▲ $861.511K ▲ 0% $0.07 ▲ $-46.942K ▼
Q1-2025 $0 $40.423K ▲ $379.937K ▲ 0% $0.05 ▲ $-40.423K ▼
Q4-2024 $0 $5.534 ▼ $-5.534 ▲ 0% $0 $-25 ▲
Q3-2024 $0 $365 $-365 0% $0 $-365

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $289.58K ▼ $88.836M ▲ $4.611M ▲ $-4.261M ▼
Q2-2025 $496.072K ▼ $88.128M ▲ $3.974M ▲ $84.154M ▲
Q1-2025 $504.566K ▲ $87.258M ▲ $3.969M ▲ $83.288M ▲
Q4-2024 $0 $131.602 $114.314 $17.288

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $70.891K ▼ $-206.493K ▼ $0 $0 ▼ $-206.492K ▼ $-206.493K ▼
Q2-2025 $861.511K ▲ $-12.65K ▲ $0 ▲ $4.156K ▼ $-8.494K ▼ $-12.65K ▲
Q1-2025 $379.937K ▲ $-218.301K ▼ $-86.25M ▼ $86.973M ▲ $504.566K ▲ $-218.301K ▼
Q4-2024 $-5.534 $-114 $0 $114.304 $0 $-114

Five-Year Company Overview

Income Statement

Income Statement At this stage, Maywood Acquisition Corp. Unit is essentially a shell with no active business, so its income statement is largely empty: no meaningful revenue and no operating profits. Any small costs that exist are typically related to maintaining the SPAC structure, not running a real operating company. The future income story will depend almost entirely on GOWell Technology after the merger, not on Maywood’s past financial results, which offer almost no insight into the earning power of the combined business.

Balance Sheet

Balance Sheet The reported balance sheet is effectively blank, reflecting Maywood’s nature as a SPAC without operating assets, property, or traditional working capital. In practice, SPACs mainly hold cash in a trust account and have a simple capital structure until they close a merger. Once the combination with GOWell is completed, the balance sheet will change dramatically, adding real operating assets, intellectual property, and potentially new debt or equity. Until then, the current balance sheet is more of a legal shell than an economic picture of a business.

Cash Flow

Cash Flow Cash flows are essentially non-operational at this point. Maywood has no ongoing business to generate cash, so there are no meaningful inflows from customers and no major investments in equipment or technology. Most cash movements typically relate to SPAC-specific activities such as administrative costs, deal expenses, and trust account mechanics. True operating cash flow, as well as spending on growth and technology, will only become visible once GOWell’s financials are reflected after the merger.

Competitive Edge

Competitive Edge On its own, Maywood has no competitive position; it is just a financing vehicle. The competitive picture really belongs to GOWell, which appears to hold a strong niche in well logging and subsurface diagnostics. GOWell competes by offering a broad suite of tools and interpretation services across the life of a well, supported by patents, long-term relationships with major energy customers, and a global presence. However, it operates in a demanding industry where cycles in oil, gas, and energy-transition spending, as well as competition from large service companies, can strongly affect its market standing.

Innovation and R&D

Innovation and R&D Maywood itself does not conduct R&D; all innovation sits with GOWell, the target company. GOWell has built its edge through sustained investment in specialized tools and software for well integrity, production profiling, and advanced diagnostics in tough downhole environments. It supports this with a sizeable in-house technical team and a meaningful share of revenue reinvested into research. The company also appears to be pushing into newer areas such as geothermal, gas storage, and carbon capture, which could broaden its technology base but also introduces execution and adoption risks as those markets develop.

Summary

MAYAU today is not an operating business but a SPAC shell, so its historical financial statements are largely empty and do not reflect the economics of the business that investors ultimately care about. The real story lies in the pending merger with GOWell Technology, a specialized energy-technology company with a differentiated product set, a patent base, and established customer relationships. Post-merger, the combined entity will transform from a cash shell into a technology-driven operating company with meaningful R&D and industry exposure. Key uncertainties include completion of the transaction, how the merged balance sheet is structured, and how well GOWell can convert its technical strengths into consistent profits and cash flow in a cyclical, evolving energy landscape.