Company: IPCX
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111009
Chunk: 121

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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 effect on our condensed consolidated
financial statements.

37

Item 3. Quantitative and Qualitative Disclosures
About Market Risk

Not required for smaller reporting companies.

Item 4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are designed
to ensure that information required to be disclosed by us in our Exchange Act reports is recorded, processed, summarized, and reported
within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our
management, including our principal executive officer and principal financial and accounting officer or persons performing similar functions
(together, the “Certifying Officers”), 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 September 30, 2025, as is 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 most recent 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. 

38

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 as supplemented by our Quarterly Report for the quarter ended March 31, 2025 filed with the SEC
on June 9, 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