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(Incorporated in the Cayman Islands)
We are a newly organized blank check company. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company. We may pursue an initial business combination in any industry or geographic location that we determine is attractive and in the best interests of our shareholders.
Our management team is led by Zikang Wu, our chairman, chief executive officer and chief financial officer. Alongside him, Zixun Jin, Hao Tian and Chao Yang will serve as independent directors, bringing expertise in financial risk management, compliance and capital markets. We believe our management team will be able to source attractively valued and high-growth investment opportunities through our management team’s experience and network.
Zikang Wu, our chairman, CEO and CFO, is the founder and president of First Cover, Inc., a New York-based risk, compliance, and corporate services provider formed in April 2021. At First Cover, Mr. Wu has advised numerous publicly traded companies, emphasizing his expertise in public company listings, particularly within the SPAC sector. Mr. Wu also serves as CFO of Maywood Acquisition Corp., a SPAC that has entered into a definitive agreement for an initial business combination with GOWell Technology Limited and is seeking to consummate such transaction. From June 2023 to December 2023, Mr. Wu served as CEO, CFO and chairman of Healthcare AI Acquisition Corp., a SPAC that has entered into a business combination agreement with Leading Group Limited, a provider of insurance products in the People’s Republic of China. Additionally, Mr. Wu is the CEO of Tigerless Health, Inc., a U.S. direct-to-consumer Insurtech company that he founded in September 2018.
(Note: Maywood Acquisition Corp. 2 priced its SPAC IPO in sync with the terms in the prospectus – 10 million units at $10.00 each – to raise $100 million on Monday night, April 13, 2026. Each unit consists of one share of stock, one redeemable warrant and one right to receive one-fourth (1/4) of a share upon the consummation of an initial business combination.)
(Background: Maywood Acquisition Corp. 2 changed the composition of its unit by adding one redeemable warrant, according to an S-1/A filing dated March 25, 2026. That change brought the composition of each unit to include one share of stock, one redeemable warrant and one right to receive one-fourth (1/4) of a share upon the consummation of an initial business combination. Initial Filing: Maywood Acquisition Corp. 2 filed its S-1 for its SPAC IPO in December 2025 and disclosed the terms: 10 million units at $10.00 each to raise $100.0 million. In the initial filing, each unit consisted of one share and one right to receive one-seventh (1/7) of a share upon completion of the initial business combination.)
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