GOWell Technology Limited and Inflection Point Acquisition Corp. V Announce Closing of Business Combination

SINGAPORE and NEW YORK, Sept. 25, 2026 (GLOBE NEWSWIRE) -- GOWell Technology Limited (“GOWell” or the “Company”), a global one-stop-shop for innovative well logging solutions in the energy sector, today announced that it has completed its business combination with Inflection Point Acquisition Corp. V (NASDAQ: IPEX) (“Inflection Point”), a special purpose acquisition company (the “Business Combination”). The Business Combination was approved by Inflection Point shareholders in a special meeting held on September 3, 2026 and formally closed on September 25, 2026.

The new combined company will operate as “GOWell Energy Technology” (“GOWell Energy”). On September 28, 2026, GOWell Energy’s ordinary shares will begin trading on the NASDAQ under the ticker symbol “GOW”.