GOWell Technology Limited completed its business combination with Inflection Point Acquisition Corp. V (NASDAQ: IPEX) on September 25, 2026. The combined entity, now operating as GOWell Energy Technology, secured $70 million in gross proceeds through concurrent private placements to fund growth initiatives and working capital.

The transaction was approved by Inflection Point shareholders on September 3, 2026. Ordinary shares of GOWell Energy are scheduled to begin trading on the NASDAQ under the ticker symbol "GOW" on September 28, 2026.

Capital structure and funding details

The financing comprised two distinct tranches executed at different stages of the deal timeline. The first tranche occurred at the signing of the Business Combination Agreement in October 2025, while the second closed concurrently with the merger completion.

The $50 million Closing PIPE involved the purchase of preferred shares and warrants by an investor. Together with the earlier private placement, these funds provide the liquidity necessary for the company’s expansion plans.

Strategic positioning in energy sector

GOWell describes itself as a global provider of well logging solutions and distributed sensing technologies for the energy sector. The company operates from a headquarters in Singapore with regional hubs in the United States and UAE, serving clients in more than 50 countries.

Guillaume Borrel, CEO of GOWell, stated that the public listing provides access to capital and visibility to scale their sensing platform. He emphasized that the company’s technologies are critical for securing energy sources efficiently in both traditional and energy transition markets.

Michael Blitzer, Chairman and CEO of Inflection Point, noted that GOWell has developed a resilient, cash-generative business over nearly two decades. He highlighted the company’s track record of growth and margin expansion through industry cycles as a key factor in its positioning within a fragmented industry.

Transaction advisors

The deal involved multiple financial and legal advisors across jurisdictions:

• Financial Advisor to GOWell: Haitong International Securities (USA) Inc.
• Lead Financial Advisors to Inflection Point: Cantor Fitzgerald & Co.; Cohen & Company Capital Markets.
• Legal Counsel to Inflection Point: White & Case LLP; Conyers Dill & Pearman (Cayman Islands).
• Legal Counsel to GOWell: Hunter Taubman Fischer & Li LLC; Ogier (Cayman) LLP.
• Investor Relations: Gateway Group.

Inflection Point Acquisition Corp. V (NASDAQ: IPEX) and GOWell Technology Limited have advanced their proposed business combination after the U.S. Securities and Exchange Commission (SEC) declared the registration statement on Form F-4 (File No. 333-294547) effective on August 11, 2026. This regulatory milestone allows the parties to distribute the definitive proxy statement/prospectus to shareholders, enabling them to vote on the merger at an upcoming extraordinary general meeting. The effectiveness confirms that the regulatory filing requirements have been met, paving the way for the special purpose acquisition company (SPAC) to merge with the Singapore-headquartered energy technology provider.

Shareholders of Inflection Point Acquisition Corp. V are scheduled to vote on the business combination at an extraordinary general meeting on September 3, 2026. The proxy statement/prospectus will be mailed to shareholders of record as of the close of business on June 30, 2026. This document serves as both the proxy statement for the SPAC and the prospectus for GOWell Energy Technology (PubCo), detailing the terms of the merger and the shares to be issued. The transaction is anticipated to close in the third quarter of 2026, subject to the satisfaction of customary closing conditions, including shareholder approval.

Transaction Timeline and Next Steps

In addition to the merger vote, Inflection Point Acquisition Corp. V has solicited proxies for a separate matter: an extension of the date by which it must consummate an initial business combination. The company filed a definitive Extension Proxy Statement with the SEC on July 20, 2026, and mailed it to shareholders of record as of June 30, 2026. This extension vote is critical to ensuring the SPAC has sufficient time to complete the merger with GOWell before its original deadline expires. Shareholders are urged to review both the Proxy Statement/Prospectus and the Extension Proxy Statement, which contain important information regarding the risks and terms of the transactions.

About the Companies

GOWell Technology Limited is an international provider of innovative well logging technologies and distributed sensing solutions for energy companies globally. Headquartered in Singapore, GOWell maintains a multi-disciplinary research and development team and holds a robust patent portfolio aimed at solving complex industry challenges. Its solutions apply to a wide range of wells, spanning traditional energy sectors to energy transition projects. The company operates a global manufacturing and procurement network with regional hubs in the United States, UAE, and China, covering operations in more than 50 countries.

Inflection Point Acquisition Corp. V is a blank check company incorporated on May 31, 2024, in the Cayman Islands as an exempted company. Sponsored by Inflection Point Fund I LP, the SPAC was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.