Company: IPCX
Filing Date: 2025-04-08
Form Type: S-1/A
Source: 0001213900-25-029998
Chunk: 38

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-08
Form: S-1/A
Chunk 38
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mation of our initial business combination. In the event we will not be the surviving company upon completion of our initial business combination, each holder of a right will be required to affirmatively convert its rights in order to receive the one-tenth (1/10) of one Class A ordinary share underlying each right upon consummation of the business combination. We will not issue fractional shares in connection with an exchange of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with the applicable provisions of Cayman Islands law. As a result, you must hold rights in multiples of 10 in order to receive shares for all of your rights upon closing of a business combination. If we are unable to complete an initial business combination within the required time period and we redeem the public shares for the funds held in the trust account, holders of rights will not receive any of such funds for their rights and the rights will expire worthless. |

____________ (1)Assumes no exercise of the underwriters’ over -allotmentoption and 1,100,000 founder shares are surrendered to us for no consideration. (2)Includes up to 1,100,000 founder shares that will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (3)Comprised of 22,000,000 Class A ordinary shares included in the units to be sold in this offering, 7,333,333 Class B ordinary shares (or founder shares) and 740,000 Class A ordinary shares included in the private placement units. Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares immediately prior to, concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one -for -onebasis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti -dilutionrights.” Unlike many other SPAC initial public offerings, investors in this offering will not receive warrants that would become exercisable following completion of our initial business combination. (4)Assumes surrender of all 1,100,000 founder shares. Up to 1,100,000 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. (5)Comprised of 22,000,000 public rights included in the units