Inflection Point Acquisition Corp. IIIIPCX
Shareholder meeting
Jul 29, 2026
A meeting is scheduled. The deadline for electing to redeem usually falls two to seven days before it; this proxy did not state it in a form we would parse without guessing, so check the filing.
Cash in trust
$263M
$263,398,723
Trust per share
$10.60
Redemption value
IPO
Apr 2025
$249M raised
Combination deadline
—
Not disclosed
Filings on record
69
Latest Sep 3, 2026
Overview
Inflection Point Acquisition Corp. III is a special purpose acquisition company incorporated and registered with the SEC under CIK 0002012318. It completed its initial public offering in Apr 2025, raising $249M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker IPCX, units under IPCXU, rights under IPCXR on Nasdaq. The vehicle is sponsored by Inflection Point through Inflection Point Holdings III LLC. The mandate targets generalist. Shareholders voted the combination through; closing is a matter of mechanics, and the redemption window has already run.
“we intend to focus our search initially on North American and European businesses in disruptive growth sectors, which complements the expertise of our management team.”
Reading the filings
Arithmetic on what Inflection Point Acquisition Corp. III has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.
Trust versus the $10 unit
The trust holds $10.60 per public share, 6.0% above the $10.00 the units were sold at. That spread is accrued interest on the trust and, where the charter provides for it, sponsor contributions paid in to buy more time. It is the floor a public shareholder can redeem at, not a valuation of the business.
Sponsor promote
The sponsor's founder block is 4,256,885 shares against 24,860,000 public shares, or 14.6% of the combined count, acquired before the IPO at nominal cost. That promote is the structural dilution every public shareholder carries into a combination, and it is why the economics of a de-SPAC differ so sharply from a conventional IPO.
Rights, not warrants
Each unit carried one right per unit, convertible into one-tenth (1/10) of a share. A right converts automatically on closing rather than needing to be exercised at a strike, so it is dilution that arrives whatever the share price does — unlike a warrant, which only bites if the stock works. For a holder redeeming at the trust it is worth nothing either way; for one staying in, it is a certain claim rather than an option.
Sponsor record
Inflection Point has launched 9 vehicles. Of the 3 that have resolved, 3 closed a combination and 0 liquidated, a 100% completion rate. A sponsor's record is not a forecast, but it does tell you whether the team has taken a deal across the line before.
Underwriting
Cantor Fitzgerald led the offering. It has been named on 151 SPAC IPOs, book-running 130 of them, and 69.5% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.
Filings per month since the first one. A vehicle that has gone quiet with a deadline ahead is a different proposition from one that is still working.
69 filings in all. 12 in the last three months, against a busiest month of 20.
News on Inflection Point Acquisition Corp. III
Last 90 daysNothing in the last 90 days that names this vehicle. We attribute a story only when the release carries the ticker or the registered name, so an empty section means no press release or wire story matched — not that nothing was published. The filings below are the primary record either way.
SEC filing history
Free tier: filings older than 24 hours- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001628280-26-060471
- 15-12G
Deregistration of securities
Accession 0001213900-26-093939
- 4
Statement of changes in beneficial ownership
Accession 0001213900-26-090136
- 25-NSE
Notification of delisting
Accession 0001354457-26-000790
- 10-Q
Quarterly report
Accession 0001213900-26-088896
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001393825-26-000050
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001628280-26-053955
- 425
Business-combination communication
Accession 0001213900-26-085802
- 8-K
Submission of matters to a vote of security holders
Item 5.07 · Accession 0001213900-26-085796
- 425
Business-combination communication
Accession 0001213900-26-082500
- 8-K
Other events
Item 8.01 · Accession 0001213900-26-082498
- DEFM14A
Definitive merger proxy statement
Accession 0001213900-26-076450
- 425
Business-combination communication
Accession 0001213900-26-066515
- 8-K
Entry into a material definitive agreement; Regulation FD disclosure
Items 1.01, 7.01, 9.01 · Accession 0001213900-26-066511
- 10-Q
Quarterly report
Accession 0001213900-26-056824
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001628280-26-032571
- 3
Initial statement of beneficial ownership
Accession 0001213900-26-051183
- 8-K
Current report
Items 5.02, 9.01 · Accession 0001213900-26-047623
- 10-K
Annual report
Accession 0001213900-26-036616
- 425
Business-combination communication
Accession 0001213900-26-031949
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001193125-26-051251
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000912282-26-000323
- 425
Business-combination communication
Accession 0001213900-26-003627
- 8-K
Regulation FD disclosure; Other events
Items 7.01, 8.01, 9.01 · Accession 0001213900-26-003622
- 4
Statement of changes in beneficial ownership
Accession 0001213900-26-001494
- 10-Q
Quarterly report
Accession 0001213900-25-111009
- SCHEDULE 13G
Beneficial ownership report (passive)
Accession 0001393825-25-000084
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001167557-25-000028
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0001193125-25-276412
- SCHEDULE 13G/A
Amended beneficial ownership report (passive)
Accession 0000019617-25-001076
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Inflection Point Acquisition Corp. III: questions answered
What is Inflection Point Acquisition Corp. III (IPCX)?
Inflection Point Acquisition Corp. III is a special purpose acquisition company incorporated and registered with the SEC under CIK 0002012318. It completed its initial public offering in Apr 2025, raising $249M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker IPCX, units under IPCXU, rights under IPCXR on Nasdaq. The vehicle is sponsored by Inflection Point through Inflection Point Holdings III LLC. The mandate targets generalist. Shareholders voted the combination through; closing is a matter of mechanics, and the redemption window has already run.
How much does Inflection Point Acquisition Corp. III hold in trust?
Approximately $263,398,723, or about $10.60 per public share, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.
When must Inflection Point Acquisition Corp. III complete a merger?
No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.
What happens if Inflection Point Acquisition Corp. III does not find a target in time?
The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.
Can I redeem shares in Inflection Point Acquisition Corp. III, and at what price?
Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date, most recently disclosed at about $10.60 per share. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.
What tickers does Inflection Point Acquisition Corp. III trade under?
Class A shares trade as IPCX on Nasdaq, the units as IPCXU, with rights as IPCXR. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.
Is the trust value the same as the share price for Inflection Point Acquisition Corp. III?
No, and the gap between them is the whole trade. Trust per share is a disclosed, contractual figure of $10.60, being what a redeeming holder receives. The market price is whatever the shares change hands at: most recently $1.87, a spread to the redemption value. Quotes on this site are delayed and indicative; confirm on your own venue before trading.
How much dilution do Inflection Point Acquisition Corp. III's founder shares and warrants create?
The founder block is 4,256,885 shares against 24,860,000 public shares, so roughly 14.6% of the combined count sits with the sponsor at nominal cost. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.
Who sponsors Inflection Point Acquisition Corp. III, and what is their track record?
Inflection Point Holdings III LLC is the sponsor entity, part of the Inflection Point franchise. That franchise has launched 9 vehicles in total, of which 3 closed a combination and 0 liquidated, a 100% completion rate on resolved vehicles. Named principals: Kevin Shannon, Michael Blitzer, Zikang Wu.
Which banks underwrote the Inflection Point Acquisition Corp. III IPO?
Cantor Fitzgerald. Cantor Fitzgerald was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.
Is Inflection Point Acquisition Corp. III tradeable, and where?
Yes. IPCX returned a live quote of $1.87 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.
Is Inflection Point Acquisition Corp. III a good investment?
That is not a question this site answers. Inflection Point Acquisition Corp. III is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.
Where does this Inflection Point Acquisition Corp. III data come from?
Filings Inflection Point Acquisition Corp. III submitted to the SEC under CIK 0002012318: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.
Compiled by the SPACListing research desk
Last reconciled Oct 19, 2026
Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.
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Continue reading
The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.
Inflection Point: the full record
Every vehicle this sponsor has launched, what closed, what liquidated and what is still live.
Cantor Fitzgerald in SPACs
Mandates, bookrun credit, deal volume and the outcome of the vehicles it priced.
Generalist SPACs
Every vehicle chasing the same mandate, ranked by cash in trust.
All spacs whose deal shareholders have approved
Shareholders voted the combination through; closing is a matter of mechanics, and the redemption window has already run.
Deadline calendar
Which sponsors are running out of time, and when the extension votes land.
What is a SPAC?
The structure, the economics and where the risks actually sit.
SPAC glossary
Every term in a blank-check filing, defined the way practitioners use it.
How this data is built
Coverage universe, ingestion, normalisation, lifecycle classification and known limits.