Company: IPCX
Filing Date: 2025-01-16
Form Type: S-1/A
Source: 0001213900-25-003974
Chunk: 234

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-01-16
Form: S-1/A
Chunk 234
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 is only a summary, it may not contain all the information that is important to you. Units Public Units Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one right to receive one -tenth(1/10) of a Class A ordinary share upon the consummation of an initial business combination, as described in more detail below. We will not issue fractional shares. 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. The Class A ordinary shares and rights constituting the units will begin separate trading on the 52 ndday following the date of this prospectus (or, if such date is not a business day, the following business day) unless Cantor Fitzgerald & Co. inform us of their decision to allow earlier separate trading, subject to our having filed the Current Report on Form 8 -Kdescribed below and having issued a press release announcing when such separate trading will begin. Once the Class A ordinary shares and rights commence separate trading, holders will have the option to continue to hold units or separate their units into the component securities. Holders will need to have their brokers contact our transfer agent in order to separate the units into Class A ordinary shares and rights. Additionally, the units will automatically separate into their component parts and will not be traded after completion of our initial business combination. In no event will the Class A ordinary shares and rights be traded separately until we have filed with the SEC a Current Report on Form 8 -Kwhich includes an audited balance sheet of the company reflecting our receipt of the gross proceeds at the closing of this offering. We will file the Current Report on Form 8 -Kpromptly after the closing of this offering which will include this audited balance sheet. If the underwriters’ over -allotmentoption is exercised following the initial filing of such Current Report on Form 8 -K, a second or amended Current Report on Form 8 -Kwill be filed to provide updated financial information to reflect the exercise of the underwriters’ over -allotmentoption. Ordinary Shares Prior to the date of this prospectus, there were 8,433,333 Class B ordinary shares outstanding, all of which were held of record by our initial shareholders, so that our initial shareholders will own 25%