Company: IPCX
Filing Date: 2025-01-15
Form Type: CORRESP
Source: 0001213900-25-003975
Chunk: 0

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-01-15
Form: CORRESP
Chunk 0
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| January 15, 2025                                 
 VIA EDGAR                                        
 United States Securities and Exchange Commission 
 Division of Corporation Finance                  
 Office of Real Estate & Construction             
 100 F Street NE                                  
 Washington, D.C. 20549                           | White & Case llp            
 1221 Avenue of the Americas 
 New York, NY 10020-1095     
 T +1 212 819 8200           
 whitecase.com               |

| Attn: | Ruairi Regan 
 David Link   |

| Re: | Inflection Point Acquisition Corp. III 
 Registration Statement on Form S-1     
 Filed November 25, 2024                
 File No. 333-283427                    |

Ladies and Gentlemen:

On behalf of our client, Inflection
Point Acquisition Corp. III, a Cayman Islands exempted company (the “”), we are writing to submit the Company’s
responses to the comments of the staff of the Division of Corporation Finance of the United States Securities and Exchange Commission
(the “”) with respect to the above-referenced registration statement on Form S-1 filed on November 25, 2024 (the
“”), contained in the Staff’s letter dated December 20, 2024 (the “”).

The Company has filed via
EDGAR its first amended registration statement on Form S-1 (“”), which reflects the Company’s
responses to the comments received by the Staff and certain updated information. For ease of reference, each comment contained in the
Comment Letter is printed below in bold and is followed by the Company’s response. All page references in the responses set forth
below refer to page numbers in the Registration Statement. Capitalized terms used but not defined herein have the meanings set forth in
the Registration Statement.

| 1. | Please revise to indicate the amount of interest that may be released from the trust account to fund 
 your working capital requirements.                                                                   |

: In response to the
Staff’s comment, the Company has revised the disclosure on the cover page of Amendment No. 1.

United States Securities and exchange Commission
January 15, 2025

| 2. | Please revise the table in this section and on page 109 to disclose clearly as compensation the antidilution                          
 adjustment of the founder shares to maintain your initial shareholders’ ownership at 25% if you increase the size                     
 of the offering as referenced on page 149. Also, describe the extent to which these items of compensation and/or securities issu