Maywood Acquisition Corp. 2 reported a net loss of $4586 for the first quarter of 2026 and a diluted loss per share of $(0.00) as it remained a blank‑check company with no operating revenues through March 31, 2026.
Financial Highlights
- Net income: $(4,586) for Q1 2026 (net loss of $4.6K).
- Diluted earnings per share: $(0.00) loss per share for Q1 2026 (basic and diluted).
Business Highlights
- Business focus: Formed as a blank‑check company (SPAC) to pursue a business combination across any industry or geography.
- Operational status: No operations or revenues through 3/31/26; activities were limited to formation and IPO preparation.
- IPO milestone: Registration was declared effective on April 13, 2026; the company completed its IPO and related private placement on April 15, 2026, with proceeds placed in a trust.
- Use of funds: Trust funds are earmarked for a target acquisition; remaining funds will be used for due diligence, travel and transaction execution prior to a business combination.
- Timeline and outlook: The company must complete a business combination within 12 months (or 15 months if announced) and intends to earn interest on trust funds before a combination is completed.
Original SEC Filing:
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