Company: IPCX
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001213900-25-052614
Chunk: 84

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-06-09
Form: 10-Q
Item: Part I, Item 2
Chunk 84
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 and forms and that such information is accumulated and communicated to our
management, including our principal executive officer and principal financial and accounting officer (together, the “Certifying
Officers”), or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure.

Under the supervision and with the participation
of our management, including our Certifying Officers, we conducted an evaluation of the effectiveness of our disclosure controls and procedures
as of the end of the fiscal quarter ended March 31, 2025, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on
the foregoing, our Certifying Officers concluded that our disclosure controls and procedures were effective at a reasonable assurance
level and, accordingly, provided reasonable assurance that the information required to be disclosed by us in reports filed under the Exchange
Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms.

Changes in Internal Control over Financial
Reporting

There was no change in our internal control over
financial reporting that occurred during the fiscal quarter of 2025 covered by this Quarterly Report on Form 10-Q that has materially
affected, or is reasonably likely to materially affect, our internal control over financial reporting.

18

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 1A. Risk Factors

Factors that could cause our actual results to
differ materially from those in this Quarterly Report are any of the risks described in our final prospectus for the Initial Public Offering
filed with the SEC on April 25, 2025. Any of these factors could result in a significant or material adverse effect on our results of
operations or financial condition. Additional risk factors not presently known to us or that we currently deem immaterial may also impair
our business or results of operations. As of the date of this Quarterly Report, except as described below, there have been no material
changes to the risk factors disclosed in our final prospectus for the Initial Public Offering filed with the SEC, but we may disclose
changes to such factors or disclose additional factors from time to time in our future filings with the SEC.

We are currently in a period of economic
uncertainty and capital markets disruption, which has been significantly impacted by a new U.S. presidential administration and accompanying
regulatory activities and economic policies and events related thereto, ongoing military conflicts and geopolitical instability and inflation
and interest rates.

U.S. and global markets have