Company: IPCX
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076625
Chunk: 143

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part II, Item 1
Chunk 143
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4(a)(2) of the
Securities Act.

Transaction costs amounted to $17,305,941, consisting
of $4,400,000 of cash underwriting fee, $12,045,000 of deferred underwriting fee, and $860,941 of other offering costs.

After deducting the underwriting fees (excluding
the deferred portion of $12,045,000, which amount will be payable upon consummation of our initial Business Combination, if consummated)
and the offering expenses, the total net proceeds from the Initial Public Offering and the private placement was $255,139,059,  of
which $253,000,000 was placed in the Trust Account.

For a description of the use of the proceeds
generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.

19

Item 3. Defaults Upon Senior Securities

None

Item 4. Mine Safety Disclosures

None

Item 5. Other Information

None

Item 6. Exhibits

The following exhibits are filed as part of,
or incorporated by reference into, this Quarterly Report on Form 10-Q.

    No.
     
    Description
    of Exhibit
  
    1.1
     
    Underwriting Agreement, dated April 24, 2025, by and between the Company and Cantor Fitzgerald & Co., as representative of the underwriters (incorporated herein by reference to Exhibit 1.1 to the Company’s Current Report on Form 8-K (File No. 001-42614) filed with the SEC on April 29, 2025).
  
    3.1
     
    Amended and Restated Memorandum and Articles of Association (incorporated herein by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K (File No. 001-42614) filed with the SEC on April 29, 2025).
  
    4.1
     
    Rights Agreement, dated April 24, 2025, by and between the Company and Continental Stock Transfer & Trust Company, as rights agent (incorporated herein by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K (File No. 001-42614) filed with the SEC on April 29, 2025).
  
    10.1
     
    Letter Agreement, dated April 24, 202