nflection Point Acquisition Corp. V (NASDAQ:IPEX), a special purpose acquisition company ("SPAC") sponsored by Inflection Point Fund I LP, and GOWell Technology Limited ("GOWell") today announced that the registration statement on Form F-4 (File No. 333-294547) (as amended, the "Registration Statement"), filed by GOWell and GOWell Energy Technology ("PubCo"), relating to the previously-announced business combination among SPAC, GOWell, PubCo, and the other parties thereto (the "Business Combination"), has been declared effective by the U.S. Securities and Exchange Commission ("SEC").

The extraordinary general meeting of SPAC shareholders to approve the Business Combination (the "Extraordinary General Meeting") will be held on September 3, 2026. The proxy statement/prospectus relating to the Extraordinary General Meeting will be mailed to SPAC’s shareholders of record as of the close of business on the record date of June 30, 2026.

The parties anticipate that the Business Combination will close in the third quarter of 2026, subject to satisfaction of the conditions to the closing of the Business Combination.

ABOUT GOWELL TECHNOLOGY LIMITED

GOWell is an international company that provides a wide range of innovative well logging technologies and distributed sensing solutions for energy companies globally. GOWell maintains a multi-disciplinary research and development team with a robust patent portfolio of technology aimed to solve complex industry challenges. GOWell’s solutions can be applied to a wide range of wells from traditional energy to energy transition. GOWell has a global, diverse customer base with long-term relationships with the key major oil service companies and operators in the energy sector. Headquartered in Singapore, GOWell has a global manufacturing and procurement network, with regional hubs in the United States, UAE and China in addition to regional operations that cover more than 50 countries.

ABOUT INFLECTION POINT ACQUISITION CORP. V

Inflection Point Acquisition Corp. V (NASDAQ:IPEX) is a blank check company incorporated on May 31, 2024 in the Cayman Islands as an exempted company, 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.