Company: IPCX
Filing Date: 2025-01-16
Form Type: S-1/A
Source: 0001213900-25-003974
Chunk: 10

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-01-16
Form: S-1/A
Chunk 10
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 which we must complete an initial business combination or (ii) such other time period in which we must complete an initial business combination pursuant to an amendment to our amended and restated memorandum and articles of association; • “Excise Tax” shall mean the 1% U.S. federal excise tax on stock repurchases under Section 4501 of the U.S. Internal Revenue Code of 1986, as amended, enacted by the Inflation Reduction Act of 2022; • “founder shares” are to Class B ordinary shares initially purchased by our sponsor in a private placement prior to this offering and the Class A ordinary shares that will be issued upon the automatic conversion of the Class B ordinary shares at the time of our initial business combination or earlier at the option of the holders thereof as described herein (for the avoidance of doubt, such Class A ordinary shares will not be “public shares”); • “initial shareholders” are to our sponsor and any other holders of our founder shares immediately prior to this offering; • “management” or our “management team” are to our officers, directors and, prior to the completion of this offering, our director nominees; • “ordinary shares” are to our Class A ordinary shares and our Class B ordinary shares; • “permitted withdrawals” are to the amounts eligible to be released to us from interest earned on the funds held in the trust account to pay our taxes (which shall exclude any Excise Tax imposed on us, if any); • “public shares” are to Class A ordinary shares included as part of the units sold in this offering (whether they are purchased in this offering or thereafter in the open market); • “public shareholders” are to the holders of our public shares, including our initial shareholders, management team and advisors to the extent our initial shareholders, members of our management team and / or advisors purchase public shares, provided that each initial shareholder’s, member of our management team’s and advisor’s status as a “public shareholder” will only exist with respect to such public shares; • “public rights” are to the rights sold as part of the units in this offering (whether they are purchased in this offering or thereafter in the open market); • “private placement rights” are to the rights sold as part of the private placement units; • “private placement shares” are to the Class A ordinary shares comprising part of the private placement units issued to our sponsor in a private placement simultaneously with the closing of this offering or upon conversion of working capital loans, as further described in this