Company: IPCX
Filing Date: 2025-04-25
Form Type: 424B4
Source: 0001213900-25-035659
Chunk: 232

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-25
Form: 424B4
Chunk 232
---
man Islands). Because of this ownership block, our initial shareholders may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including amendments to our amended and restated memorandum and articles of association and approval of significant corporate transactions including our initial business combination. Our sponsor and Cantor Fitzgerald & Co., the representative of the underwriters, committed, pursuant to written agreements, to purchase an aggregate of 740,000 private placement units, at a price of $10.00 per private placement unit, or $7,400,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. Of those 740,000 private placement units, our sponsor committed to purchase 500,000 private placement units and Cantor Fitzgerald & Co. committed to purchase 240,000 private placement units. The private placement units will be identical to the units sold in this offering except that (i) the private placement units may not (including the private placement shares, private placement rights and Class A ordinary shares underlying the private placement rights), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, (ii) each private placement share included in each private placement unit will not have any redemption rights or be entitled to liquidating distributions from the trust account, (iii) the private placement units (including the private placement shares, private placement rights and Class A ordinary shares underlying the private placement rights) will be entitled to registration rights, (iv) each holder of private placement shares agreed to vote any private placement shares in favor of a proposed initial business combination if we seek shareholder approval for such business combination and in favor of any proposals recommended by our board of directors in connection with such business combination, and (v) with respect to private placement rights held by Cantor Fitzgerald & Co. and/or its designees, will not be convertible more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). A portion of the purchase price of the private placement units will be added to the proceeds from this offering to be held in the trust account such that at the time of closing of this offering $220,000,000 (or $253,000,000 if the underwriters exercise their over -allotmentoption in full) will be held in the trust account. If we do not complete our initial business combination within the completion window, the private placement units will expire worthless, except