Company: IPCX
Filing Date: 2025-04-16
Form Type: S-1/A
Source: 0001213900-25-032632
Chunk: 323

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-16
Form: S-1/A
Chunk 323
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 how to allocate resources. Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280. This ASU is effective for fiscal years beginning after December15, 2023, and interim periods within fiscal years beginning after December15, 2024, with early adoption permitted. The Company adopted ASU 2023 -07on January31, 2024, date of incorporation. Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. Note 3 — Proposed Offering Pursuant to the Proposed Offering, the Company will offer for sale up to 22,000,000 Units (or 25,300,000 Units if the underwriters’ over -allotmentoption is exercised in full) at a purchase price of $10.00 per unit. Each unit will consist of one Class A ordinary share and one right to receive one -tenth(1/10) of one Class A ordinary share upon the consummation of an initial business combination. Note 4 — Private Placement The Sponsor and Cantor Fitzgerald & Co. have committed to purchase an aggregate of 740,000 Private Placement Units at a price of $10.00 per Private Placement Units, for an aggregate purchase price of $7,400,000, from the Company in a private placement that will occur simultaneously with the closing of the Proposed Offering. Each Private Placement Unit consists of one Class A ordinary share (the “Private Placement Shares”), and one right to receive one -tenth(1/10) of one Class A ordinary share upon the consummation of an initial Business Combination (the “Private Placement Rights”). Of those 740,000 private placement units, the Sponsor will commit to purchase 500,000 private placement units and Cantor Fitzgerald & Co. will commit to purchase 240,000 Private Placement F-11 INFLECTION POINT ACQUISITION CORP. III
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31 , 2024 Note 4 — Private Placement (cont.) Units. The proceeds from the sale of the Private Placement Units will be added to the net proceeds from the Proposed Offering held in the Trust Account. If the Company does not complete a Business Combination within the Completion Window, the proceeds