Company: IPCX
Filing Date: 2025-08-25
Form Type: 425
Source: 0001213900-25-080147
Chunk: 6

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-08-25
Form: 425
Chunk 6
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contravention, capitalization, limited activities,
finders’ and brokers’ fees, the Investment Company Act, no misleading information supplied and Merger Sub’s U.S. tax
classification.

Under the Business Combination
Agreement, PubCo has made customary representations and warranties to Inflection Point and the Company relating to, among other things,
organization and standing, due authorization and binding agreement, governmental approvals, non-contravention, capitalization, limited
activities, finders’ and brokers’ fees, the Investment Company Act, no misleading information supplied and the dormancy of
one of the Company’s Subsidiaries.

Under the Business Combination
Agreement, the Company has made customary representations and warranties (regarding itself and its subsidiaries) to Inflection Point relating
to, among other things, organization and standing, due authorization and binding agreement, capitalization, company subsidiaries, governmental
approvals, non-contravention, financial statements, absence of certain changes, compliance with laws, permits, litigation, material contracts,
intellectual property, taxes and returns, real property, personal property, employee matters, benefit plans, environmental matters, transactions
with related persons, insurance, material customers and suppliers, data protection and cybersecurity, sanctions and certain business practices,
the Investment Company Act, finders’ and brokers’ fees and no misleading information supplied.

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Covenants

The Business Combination Agreement
includes customary covenants of the parties including, among other things, (i) the conduct of their respective business operations prior
to the consummation of the Transactions, (ii) the parties’ obligations to obtain relevant approvals and comply with all applicable
listing requirements of the Nasdaq in connection with the Transactions and (iii) the parties’ obligations to consummate the Transactions
and to comply as promptly as practicable with all requirements of governmental authorities applicable to the Transactions. The Business
Combination Agreement also contains additional covenants of the parties, including covenants providing for Inflection Point and the Company
to use commercially reasonable efforts to (i) consummate the PIPE Investment, (ii) agree to and adopt a new equity incentive plan and
a new employee share purchase plan, and (iii) file, and to cooperate with each other to prepare the registration statement of PubCo required
to be filed in connection with the Transactions (the “Registration Statement”), which will contain a proxy statement
of Inflection Point.

Conditions to Closing

The respective obligations
of each