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Inflection Point Acquisition Corp. III has announced the pricing of its $220 million initial public offering, consisting of 22,000,000 units at $10.00 per unit. The units will trade on Nasdaq under IPCXU starting April 25, 2025.
Each unit includes one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon business combination completion. The company aims to pursue business combinations with North American or European companies in disruptive growth sectors.
The offering, managed by Cantor Fitzgerald & Co., includes a 45-day option for underwriters to purchase up to 3,300,000 additional units. The IPO is expected to close on April 28, 2025, subject to customary conditions.
