Company: IPCX
Filing Date: 2025-04-08
Form Type: S-1/A
Source: 0001213900-25-029998
Chunk: 241

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-08
Form: S-1/A
Chunk 241
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 $10.00 per private placement unit, or $7,400,000 in the aggregate, in a private placement that will close simultaneously with the closing of this offering. 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 placement shares in favor of a proposed initial business combination if we seek shareholder approval for such business combination and in favor of any proposals recommended by our board of directors in connection with such business combination, and (v) with respect to private placement rights held by Cantor Fitzgerald & Co. and/or its designees, will not be convertible more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). If we do not complete our initial business combination within the completion window, the private placement units (including the private placement shares and the private placement rights underlying the private placement units) will expire worthless, except to the extent they entitle the holders thereof to receive liquidating distributions from assets outside the trust account. Inflection Point Fund, an affiliate of our sponsor and our executive officers, intends, but will not be obligated to, invest an aggregate of $25,000,000 into a PIPE transaction in connection with our initial business combination, subject to diligence and approval of Inflection Point Fund’s investment committee. Any such commitment and purchase will be subject to approval of Inflection Point Fund’s investment committee prior to the closing of our initial business combination. Accordingly, if Inflection Point Fund’s