Company: IPCX
Filing Date: 2025-04-25
Form Type: 424B4
Source: 0001213900-25-035659
Chunk: 90

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-25
Form: 424B4
Chunk 90
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mentis exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they entitle the holders thereof to receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and Cantor Fitzgerald & Co., the representative of the underwriters, committed, pursuant to written agreements, to purchase an aggregate of 740,000 private placement units, at a price of $10.00 per private placement unit, or $7,400,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. Of those 740,000 private placement units, our sponsor committed to purchase 500,000 private placement units and Cantor Fitzgerald & Co. committed to purchase 240,000 private placement units. The private placement units will be worthless if we do not complete our initial business combination, except to the extent they entitle the holders thereof to receive liquidating distributions from assets outside of the trust account. The personal and financial interests of our officers and directors, who will indirectly own founder shares and private placement units, may influence their motivation in identifying and selecting a target business combination, completing an initial business combination and influencing the operation of the business following the initial business combination. This risk may become more acute as the end of the completion window nears, which is the deadline for our completion of an initial business combination. We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us. Although we have no commitments as of the date of this prospectus to issue any notes or other debt securities, or to otherwise incur outstanding debt following this offering, we may choose to incur substantial debt to complete our initial business combination. The incurrence of debt could have a variety of negative effects, including: •default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations; •acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation of that covenant; •our immediate payment of all principal and accrued interest, if any, if the debt security is payable on demand; •our inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such financing while the debt security is