Company: IPCX
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111009
Chunk: 1

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
---
5,000,000 shares authorized; none issued or outstanding 
     —  
     — 
  
    Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 740,000 shares and no shares issued and outstanding, excluding 25,300,000 and no shares subject to possible redemption at September 30, 2025 and December 31, 2024, respectively (1) 
     74  
     — 
  
    Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 8,433,333 shares issued and outstanding at September 30, 2025 and December 31, 2024(1) 
     844  
     844 
  
    Additional paid-in capital 
     —  
     24,156 
  
    Accumulated deficit 
     (13,038,297) 
     (85,796)
  
    Total Shareholders’ Deficit 
     (13,037,379) 
     (60,796)
  
    TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 
    $259,097,852  
    $326,027 

  (1) On October 10, 2024, in connection with a recapitalization, the Company issued the Sponsor an additional 1,916,667 Class B ordinary shares for no additional consideration, following which the Sponsor holds 7,666,667 Class B ordinary shares. On November 18, 2024, the Company effected a share capitalization of 766,667 Class B ordinary shares, as a result of which the Sponsor owns 8,433,333 founder shares for which it paid approximately $0.003 per share. All share amounts have been retroactively restated to reflect these adjustments. 

The accompanying notes are an integral part of
the unaudited consolidated financial statements.

1

INFLECTION POINT ACQUISITION CORP. III

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

    Three Months Ended September 30, 2025  
    Three Months Ended September 30, 2024  
    Nine Months Ended September 30, 2025  
    For the Period
 from
 January 31, 2024 (inception)
 through September 30, 2024