Company: IPCX
Filing Date: 2025-04-16
Form Type: S-1/A
Source: 0001213900-25-032632
Chunk: 164

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-16
Form: S-1/A
Chunk 164
---
 transactions that create value for shareholders. We expect to seek an investment opportunity where each member of our management team can leverage their expertise and network to create significant value. We will seek fundamentally strong businesses in a broad range of disruptive growth sectors, with emphasis on one or more of the following attributes, although we may decide to enter into a business combination with a target business that does not have one or more of these attributes: •Innovative, technology -enabledcompany of scale focused on acquiring new customers with a large addressable market, legacy analogue competitors and a differentiated path to market or superior product. •Customer focused and deeply experienced team fueled by a shared connection and passion for the business. •Operates in an industry not typically active in traditional IPOs, but that our management feels public market investors will value and desire exposure to the public market. •Achieved a scale such that the profit contribution from existing business offsets fixed costs and is prepared to reinvest in high return on capital opportunities. •Adaptable to the rapidly changing business environment and major shift in demographics with the ability generate shareholder value in any market cycle. Background We have been formed as part of a long -termstrategy to sponsor a series of special purpose acquisition companies (“SPACs”). We have a cohesive team that has worked together in the past and combines extensive transactional, valuation, capital allocation, and SPAC investing expertise. Our combined network for sourcing targets gives us access to companies backed by venture capital and private equity and other private companies, and public companies considering SPAC combinations via spinoffs. We are founder -friendlyand seek to partner with a proven, exceptional management team that is already in place. Experience with SPACs In January 2021, members of our management team founded Inflection Point Acquisition Corp. (“IPAX”), a SPAC formed for substantially similar purposes as our company. IPAX completed its initial public offering in September 2021, in which it sold 32,975,000 units, each consisting of one Class A ordinary share of IPAX and one -halfof one warrant to purchase one Class A ordinary share of IPAX, for an offering price of $10.00 per unit, generating aggregate proceeds of $329,750,000. On September 16, 2022, IPAX announced its business combination with Intuitive Machines, Inc. (“LUNR”), a diversified space exploration, infrastructure, and services company with marquee contracts supporting NASA’s $93 billion Artemis program. Prior to the extraordinary general meeting of IP