Company: IPCX
Filing Date: 2025-04-25
Form Type: 424B4
Source: 0001213900-25-035659
Chunk: 35

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-25
Form: 424B4
Chunk 35
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 the holder on a one -for -onebasis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti -dilutionrights.” Unlike many other SPAC initial public offerings, investors in this offering will not receive warrants that would become exercisable following completion of our initial business combination. (4)Assumes surrender of all 1,100,000 founder shares. Up to 1,100,000 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 22,000,000 public rights included in the units to be sold in this offering and 740,000 private placement rights included in the private placement units.

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| Founder shares: |     | On February 5, 2024, our sponsor paid $25,000, or approximately $0.004 per share, to cover certain of our offering and formation costs in exchange for 5,750,000 founder shares. Subsequently on October 10, 2024, we effected a share capitalization of 1,916,667 Class B ordinary shares, as a result of which our sponsor owned 7,666,667 founder shares for which it paid approximately $0.003 per share. On November 18, 2024, we effected a share capitalization of 766,666 Class B ordinary shares, as a result of which our sponsor owned 8,433,333 founder shares for which it paid approximately $0.003 per share.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                 |     | Prior to the initial investment in the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. The per share price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 25,300,000 units if the underwriters’ over-allotment option is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering (excluding the private placement shares included in the private placement units and Class A ordinary shares underlying the private placement rights). Up to 1,100,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over-all