- Inflection Point Acquisition Corp. III (IPCXU, Financial) announces separate trading for its Class A ordinary shares and rights starting around June 16, 2025.
- The IPO included 25.3 million units with a full exercise of the 3.3 million unit overallotment option.
- The SPAC targets business combinations in disruptive growth sectors within North America and Europe but remains open to other opportunities.
Inflection Point Acquisition Corp. III (IPCXU) has announced that the holders of its 25.3 million units from the initial public offering (IPO) on April 28, 2025, will have the option to trade their Class A ordinary shares and rights separately starting on or about June 16, 2025. The IPO units also included an exercise of 3.3 million additional units from the underwriters' overallotment option.
Following the separation, the units will continue to trade on the Nasdaq under the ticker symbol "IPCXU," while the Class A ordinary shares and rights will trade separately as "IPCX" and "IPCXR," respectively. Investors who wish to separate their units will need to coordinate with their brokers and the company's transfer agent, Continental Stock Transfer & Trust Company.
Led by CEO Michael Blitzer, CFO Peter Ondishin, and COO Kevin Shannon, Inflection Point Acquisition Corp. III is a SPAC with a strategic focus on business combinations with companies in disruptive growth sectors within North America and Europe. However, the SPAC retains the flexibility to explore opportunities across various industries and regions.
