Tue, May 13, 8:55 PM (40 days ago)
**Maywood Acquisition Corp. (MAYAU) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** No operating revenue generated; non-operating income of $379,937 from interest on trust account investments. - **Profit Margins:** Net income margin of 93.9% (net income of $379,937 on formation and operating costs of $40,423). - **Cash Flow:** Net increase in cash of $504,566; net cash used in operating activities of $218,301. - **Earnings Changes:** Net income of $379,937 for Q1 2025, compared to no prior period data. **Quarterly Performance Discussion:** - **Formation and Operating Costs:** $40,423 incurred. - **Interest Income:** $420,360 earned on trust account investments. - **Cash Position:** $504,566 in operating cash, $86,667,209 in trust account. **Trends and Uncertainties:** - **Going Concern:** Substantial doubt about continuing as a going concern if no business combination is completed within 15 months. - **Geopolitical Risks:** Potential negative impacts from global conflicts and sanctions. - **Future Operations:** Dependent on completing a business combination within the specified timeframe. **Impact on Future Operations:** - **Liquidity:** Sufficient cash for at least the next 12 months, but additional funding may be required. - **Business Combination:** Must complete within 15 months to avoid liquidation and dissolution. - **Shareholder Redemptions:** Potential redemptions of public shares upon business combination or liquidation. **Ticker:** MAYAU **Full Name:** Maywood Acquisition Corp. **Note:** Amounts are in thousands, 000s.