Company: IPCX
Filing Date: 2025-01-16
Form Type: S-1/A
Source: 0001213900-25-003974
Chunk: 161

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-01-16
Form: S-1/A
Chunk 161
---
 surplus materials to third -parties. The proposed business combination is expected to be completed in early 2025, subject to customary closing conditions, including regulatory and stock exchange approvals. The combined public company is expected to be named “USA Rare Earth, Inc.” and to list its common stock and warrants to purchase common stock on Nasdaq, subject to satisfaction of Nasdaq’s listing requirements. IPXX held a vote on November 18, 2024 to extend the date by which IPXX must complete an initial business combination from November 30, 2024 to August 21, 2025. In connection with such extension, holders of 22,794,651 Class A ordinary shares of IPXX, or 91.18% of the outstanding IPXX public shares, exercised their right to redeem those shares for cash at a price of approximately $10.83 per share, for an aggregate of $246,916,015. Our directors and officers, or their respective affiliates, expect in the future to become affiliated with other SPACs that may have acquisition objectives that are similar to ours. See “ Risk Factors — Risks Relating to our Management Team — Our officers, directors and director nominees presently have, and any of them in the future may have additional, fiduciary or contractual obligations to other entities, including other SPACs, and, accordingly, may have conflicts of interest in allocating their time and in determining to which entity a particular business opportunity should be presented.” Our Founders, Management and Board of Directors Our board includes executives who are currently running venture capital firms which will support our ability to identify, analyze, and ultimately close a business combination with a target company that fits our investment criteria. Our management team has the necessary corporate, ﬁnancial and investment experience to successfully pursue acquisitions with companies via a myriad of potential transaction structures. We envision a transaction may be derived from many diﬀerent business inﬂection points, which include, but are not limited to: (i) corporate carve outs; (ii) privately owned, fast -growingbusinesses seeking an eﬃcient path to becoming public; (iii) venture capital and private equity owned businesses whose growth can be further accelerated; and (iv) businesses that would similarly beneﬁt from a partnership with our management team. Whether a carve -outor whole company acquisition, we are proﬁcient in identifying attractive opportunities and continuously adding value post deal execution. 104 Our officers and directors are as