Company: IPCX
Filing Date: 2025-04-25
Form Type: 424B4
Source: 0001213900-25-035659
Chunk: 237

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-25
Form: 424B4
Chunk 237
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 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). If we do not complete our initial business combination within the completion window, the private placement units (including the private placement shares and the private placement rights underlying the private placement units) will expire worthless, except to the extent they entitle the holders thereof to receive liquidating distributions from assets outside the trust account. Inflection Point Fund, an affiliate of our sponsor and our executive officers, intends, but will not be obligated to, invest an aggregate of $25,000,000 into a PIPE transaction in connection with our initial business combination, subject to diligence and approval of Inflection Point Fund’s investment committee. Any such commitment and purchase will be subject to approval of Inflection Point Fund’s investment committee prior to the closing of our initial business combination. Accordingly, if Inflection Point Fund’s investment committee does not give its approval, Inflection Point Fund will not be obligated to make such investment. Further, we have the right, in our sole discretion, to reduce the amount of or decline such investment. As a result of additional costs in connection with such anticipated PIPE transaction, we are entitled to withdraw a maximum of $250,000 of funds from interest earned on the trust account for working capital purposes per year (plus the rollover of unused amounts from prior years). We expect that the terms of any such PIPE transaction will be negotiated with the applicable business combination target and investors (including Inflection Point Fund), at the time a business combination agreement is signed. 156 We may pay a consulting, success or finder fees to our sponsor, officers, directors, advisors, or their respective affiliates in connection with the consummation of our initial