Company: IPCX
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076625
Chunk: 20

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 2025

(Unaudited)

    Three Months Ended June 30, 2025  
    Three Months Ended June 30, 2024  
    Six Months Ended June 30, 2025  
    For the Period from  January 31, 2024  (inception) through June 30, 2024 
  
    Redeemable shares 

    Numerator: 

    Allocation of net loss 
    $(17,837,133) 
    $—  
    $(13,638,992) 
    $(5,975)
  
    Accretion of temporary equity to redemption value 
     24,147,956  
     —  
     24,147,956  
     — 
  
    Permitted withdrawal from Trust account for working capital purposes 
     (250,000) 
     —  
     (250,000) 
     — 
  
    Dividend income from Trust account 
     1,831,762  
     —  
     1,831,762  
     — 
  
    Net income (loss) 
    $7,892,585  
    $—  
    $12,090,726  
    $(5,975)
  
    Denominator: 

    Weighted average number of Redeemable shares 
     17,515,385  
     —  
     8,855,000  
     — 
  
    Basic and diluted net income (loss) per Redeemable share 
    $0.45  
    $—  
    $1.37  
    $— 

    Non-redeemable shares 

    Numerator: 

    Allocation of net loss 
    $(9,109,968) 
    $—  
    $(13,388,443) 
    $(5,975)
  
    Denominator: 

    Weighted average number of Non-redeemable shares 
     8,945,641  
     8,433,333  
     8,692,333  
     8,433,333 
  
    Basic and diluted net loss per Non-redeemable share 
    $(1.02) 
    $0.00  
    $(1.54) 
    $(0.00)

Recent Accounting Standards