Company: IPCX
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076625
Chunk: 2

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
975

    Loss from operations

    (467,291
    )

    —

    (547,625
    )

    (5,975
    )

    OTHER EXPENSE

    Compensation expense

    (2,581,854
    )

    —

    (2,581,854
    )

    —

    Dividend earned on marketable securities held in Trust Account

    1,831,762

    —

    1,831,762

    —

    Total other expense

    (750,092
    )

    —

    (750,092
    )

    —

    NET LOSS
     
    $
    (1,217,383
    )
     
    $
    —

    $
    (1,297,717
    )
     
    $
    (5,975
    )

    Weighted average shares outstanding, Redeemable shares

    17,515,385

    —

    8,855,000

    —

    Basic and diluted net income per share, Redeemable shares
     
    $
    0.45

    $
    —

    $
    1.37

    $
        —

    Weighted average shares outstanding, Non-redeemable shares(1)

    8,945,641

    8,433,333

    8,692,333

    8,433,333

    Basic and diluted net loss per share, Non-redeemable shares
     
    $
    (1.02
    )
     
    $
    0.00

    $
    (1.54
    )
     
    $
    (0.00
    )

  (1) On October 10, 2024, in connection with a recapitalization, the Company issued the Sponsor an additional 1,916,667 Class B ordinary shares for no additional consideration, following which the Sponsor holds 7,666,667 Class B ordinary shares. On November 18, 2024, the Company effected a share capitalization of 766,667 Class B ordinary shares, as a result of which the Sponsor owns 8,433,333 founder shares for which it paid approximately $0.003 per share. All share amounts have been retroactively restated to reflect these adjustments. 

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

INFLECTION POINT ACQUISITION COR