Company: IPCX
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111009
Chunk: 140

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 140
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 the first plan of merger, (C) the adoption and
approval of any other proposals as the SEC may indicate are necessary in its comments to the registration statement related to the
Air Water Business Combination, and D) the adoption and approval of such other matters as Air Water and Inflection Point shall
hereafter mutually determine to be necessary or appropriate in order to effect the Air Water Business Combination, (ii) the approval
of the holders of Air Water Shares (voting together as a single class and not as a separate series, and on an as-converted basis) of
(A) the adoption and approval of the Air Water Business Combination Agreement and the Mergers, (B) the entry into the second plan of
merger, and (C) the other transactions of the Air Water Business Combination, (iii) no adverse law or order that has the effect of
making the transactions contemplated by the Air Water Business Combination Agreement illegal or otherwise prohibiting the
consummation of such transactions, (iv) the expiration of all waiting periods (and any extensions thereof) under the
Hart-Scott-Rodino Act with respect to the Business Combination, (v) approval of the listing of the PubCo Ordinary Shares on the
Nasdaq Stock Market LLC, (vi) the registration statement related to the Air Water Business Combination having become effective (with no stop order having been issued by the SEC which remains in effect and no proceeding seeking such a stop
order having been threatened or initiated by the SEC and not withdrawn),
(vii) the accuracy of the representations and warranties and the performance of the covenants and agreements of each of the parties
to the Air Water Business Combination Agreement, in each case subject to certain qualifiers, (viii) duly executed pay-off
letters certifying certain indebtedness of Air Water and its subsidiaries, as specified in the Air Water Business Combination
Agreement, shall have been paid off, (ix) execution and delivery of the other agreements, instruments,
certificates or documents required to be executed or delivered in connection with or pursuant to the Air Water Business Combination Agreement,
as applicable, (x) with respect to Inflection Point, Inflection Point shall have made all necessary and appropriate arrangements with
the trustee to have all of the funds held in the Trust Account disbursed to Inflection Point in accordance with the Air Water Business
Combination Agreement upon the Closing, and all such funds released from the Trust Account shall be available to PubCo, (xi) no material
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