Company: IPCX
Filing Date: 2025-01-16
Form Type: S-1/A
Source: 0001213900-25-003974
Chunk: 323

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-01-16
Form: S-1/A
Chunk 323
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25% of the outstanding shares after this offering (excluding the private placement shares included in the private placement units and Class A ordinary shares underlying the private placement rights). Up to 1,100,000 of these shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised.

II-1

Our sponsor is an accredited investor for purposes of Rule 501 of Regulation D. Each of the equity holders in our sponsor is an accredited investor under Rule 501 of Regulation D. The sole business of our sponsor is to act as the company’s sponsor in connection with this offering. The limited liability company agreement of our sponsor provides that its membership interests may only be transferred to our officers or directors or other persons affiliated with our sponsor, or in connection with estate planning transfers. Our sponsor and Cantor Fitzgerald & Co., the representative of the underwriters, will commit, pursuant to written agreements, to purchase an aggregate of 677,500 private placement units, at a price of $10.00 per private placement unit, or $6,775,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. Of those 677,500 private placement units, our sponsor will commit to purchase 437,500 private placement units and Cantor Fitzgerald & Co. will commit to purchase 240,000 private placement units. A portion of the purchase price of the private placement units will be added to the proceeds from this offering to be held in the trust account such that at the time of closing of this offering $220,000,000 (or $253,000,000 if the underwriters exercise their over -allotmentoption in full) will be held in the trust account. The private placement units will be identical to the units sold in this offering except that (i) the private placement units may not (including the private placement shares, private placement rights and Class A ordinary shares underlying the private placement rights), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination, (ii) each private placement share included in each private placement unit will not have any redemption rights or be entitled to liquidating distributions from the trust account, (iii) the private placement units (including the private placement shares, private placement rights and Class A ordinary shares underlying the private placement rights) will be entitled to registration rights, (iv) each holder of private placement shares will agree to vote any private