Company: IPCX
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111009
Chunk: 31

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 31
---
 non-redeemable ordinary
shares is calculated by dividing net (loss) income allocable to non-redeemable ordinary shares, by the weighted average number of non-redeemable
ordinary shares outstanding for the periods.

    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 

    Net loss 
    $(90,821) 
    $(16,708) 
    $(1,388,538) 
    $(22,683)
  
    Accretion of temporary equity to redemption value 
     — 
     —  
     (24,147,956) 
     — 
  
    Permitted withdrawal from Trust account for working capital purposes 
     —  
     —  
     250,000  
     — 
  
    Dividend income from Trust account 
     (2,682,196) 
     —  
     (4,513,958) 
     — 
  
    Net loss including accretion of temporary equity to redemption value 
    $(2,773,017) 
    $(16,708) 
    $(29,800,452) 
    $(22,683)

19

INFLECTION POINT ACQUISITION CORP. III

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

(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 
  
    Redeemable shares 

    Numerator: 

    Allocation of net loss 
    $(2,035,119) 
    $— 
    $(18,461,492) 
    $—
  
    Accretion of temporary equity to redemption value 
     —  
     —  
     24,147,956  
     — 
  
    Permitted withdrawal from Trust account for working capital