Company: IPCX
Filing Date: 2025-08-25
Form Type: 425
Source: 0001213900-25-080147
Chunk: 11

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-08-25
Form: 425
Chunk 11
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. The Sponsor Support Agreement also provides
that Sponsor has agreed irrevocably to waive its redemption rights in connection with the consummation of the Transactions with respect
to any Sponsor Subject Securities they may hold.

<div align='center'>6</div>

The foregoing summary of the
Sponsor Support Agreement is qualified in its entirety by reference to the full text of the Sponsor Support Agreement, which is attached
as Exhibit 10.2 hereto and the terms of which are incorporated herein by reference.

The Sponsor Support Agreement expires upon the earlier of the First
Merger Effective Time and the termination of the Business Combination Agreement.

Lock-Up Agreements

In connection with the
Closing, each holder of the Company Ordinary Shares will each enter into an agreement (the “Company Shareholder Lock-Up Agreement”) providing that each holder of the Company Ordinary Shares will not, subject to certain
customary exceptions, transfer its Restricted Securities (as defined in the Company Shareholder Lock-Up Agreements) during the
period commencing from the Closing Date until the earlier of (i) six months after the Closing or (ii) the date following the Closing
on which PubCo completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction in which all of
its shareholders have the right to exchange their shares of common stock for cash, securities or other property.

In connection with the Closing,
Sponsor and certain other SPAC Shareholders who are members of Inflection Point’s board of directors and/or management team (such
individuals, the “Insiders”) will enter into an agreement (the “Sponsor Lock-Up Agreement”) providing
that Sponsor and the Insiders will not, subject to certain customary exceptions, transfer (i) the General Restricted Securities (as defined
below) during the period commencing from the Closing Date until the date that is the earlier of (x) six months after the Closing and (y)
the date following the Closing on which PubCo completes a liquidation, merger, capital stock exchange, reorganization or other similar
transaction that results in all of its shareholders having the right to exchange their shares of common stock for cash, securities or
other property or (ii) the Private Placement Restricted Securities (as defined below) during the period commencing from the Closing Date
until the date that is the earliest of (x) 30 days after the Closing and (y) the date following the Closing on which PubCo completes a
liquidation, merger, capital stock exchange, reorganization