Company: IPCX
Filing Date: 2025-04-08
Form Type: S-1/A
Source: 0001213900-25-029998
Chunk: 100

Company: Inflection Point Acquisition Corp. III
Filing Date: 2025-04-08
Form: S-1/A
Chunk 100
---
 of $25,000 by the sponsor, the company had no assets, tangible or intangible. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 25,300,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent 25% of the outstanding shares after this offering (excluding the private placement shares included in the private placement units and Class A ordinary shares underlying the private placement rights). Up to 1,100,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. The founder shares will be worthless if we do not complete an initial business combination, except to the extent they entitle the holders thereof to receive liquidating distributions from assets outside of the trust account. In addition, our sponsor and Cantor Fitzgerald & Co., the representative of the underwriters, will commit, pursuant to written agreements, to purchase an aggregate of 740,000 private placement units, at a price of $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. Of those 740,000 private placement units, our sponsor will commit to purchase 500,000 private placement units and Cantor Fitzgerald & Co. will commit to purchase 240,000 private placement units. The private placement units will be worthless if we do not complete our initial business combination, except to the extent they entitle the holders thereof to receive liquidating distributions from assets outside of the trust account. The personal and financial interests of our officers and directors, who will indirectly own founder shares and private placement units, may influence their motivation in identifying and selecting a target business combination, completing an initial business combination and influencing the operation of the business following the initial business combination. This risk may become more acute as the end of the completion window nears, which is the deadline for our completion of an initial business combination. 63 We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us. Although we have no commitments as of the date of this prospectus