Inflection Point Acquisition Corp. III Announces Closing of $253,000,000 Million Initial Public Offering
Inflection Point Acquisition Corp III has successfully completed its $253 million initial public offering (IPO) on Nasdaq. The company sold 25.3 million units at $10.00 per unit, including 3.3 million units from a fully exercised overallotment option.
Each unit comprises one Class A ordinary share and one right to receive 1/10 of a Class A share upon business combination. Trading began on April 25, 2025, under the symbol IPCXU. A concurrent private placement raised an additional $7.4 million through 740,000 units.
Led by CEO Michael Blitzer, the SPAC aims to merge with North American or European businesses in disruptive growth sectors. Cantor Fitzgerald served as sole book-runner, with $253 million placed in trust. The units, Class A shares, and rights will trade separately on Nasdaq under symbols IPCXU, IPCX, and IPCXR respectively.
Inflection Point Acquisition Corp III ha completato con successo la sua offerta pubblica iniziale (IPO) da 253 milioni di dollari sul Nasdaq. La società ha venduto 25,3 milioni di unità a 10,00 dollari per unità, incluse 3,3 milioni di unità derivanti dall'esercizio completo dell'opzione di sovrallocazione.
Ogni unità comprende un'azione ordinaria di Classe A e il diritto a ricevere 1/10 di un'azione di Classe A al momento della combinazione aziendale. Le negoziazioni sono iniziate il 25 aprile 2025, con il simbolo IPCXU. Contestualmente, un collocamento privato ha raccolto ulteriori 7,4 milioni di dollari tramite 740.000 unità.
Guidata dal CEO Michael Blitzer, la SPAC mira a fondersi con aziende nordamericane o europee in settori di crescita innovativi. Cantor Fitzgerald ha agito come unico book-runner, con 253 milioni di dollari depositati in trust. Le unità, le azioni di Classe A e i diritti saranno negoziati separatamente sul Nasdaq con i simboli IPCXU, IPCX e IPCXR rispettivamente.
Inflection Point Acquisition Corp III ha completado con éxito su oferta pública inicial (IPO) de 253 millones de dólares en Nasdaq. La compañía vendió 25,3 millones de unidades a 10,00 dólares por unidad, incluyendo 3,3 millones de unidades correspondientes a la opción de sobreasignación totalmente ejercida.
Cada unidad incluye una acción ordinaria Clase A y el derecho a recibir 1/10 de una acción Clase A tras la combinación empresarial. La negociación comenzó el 25 de abril de 2025, bajo el símbolo IPCXU. Paralelamente, una colocación privada recaudó otros 7,4 millones de dólares mediante 740,000 unidades.
Dirigida por el CEO Michael Blitzer, la SPAC busca fusionarse con empresas norteamericanas o europeas en sectores de crecimiento disruptivo. Cantor Fitzgerald actuó como único book-runner, con 253 millones de dólares depositados en fideicomiso. Las unidades, acciones Clase A y derechos cotizarán por separado en Nasdaq bajo los símbolos IPCXU, IPCX y IPCXR respectivamente.
Inflection Point Acquisition Corp III는 나스닥에서 2억 5,300만 달러 규모의 기업공개(IPO)를 성공적으로 마쳤습니다. 회사는 1단위당 10.00달러에 2,530만 단위를 판매했으며, 이 중 330만 단위는 완전 행사된 초과배정 옵션에서 나왔습니다.
각 단위는 클래스 A 보통주 1주와 사업 결합 시 클래스 A 주식 1/10주를 받을 권리 1개로 구성됩니다. 거래는 2025년 4월 25일 IPCXU 심볼로 시작되었습니다. 동시에 74만 단위를 통한 740만 달러의 사모 배정도 이루어졌습니다.
CEO 마이클 블리처가 이끄는 이 SPAC는 북미 또는 유럽의 혁신 성장 분야 기업과 합병을 목표로 합니다. Cantor Fitzgerald가 단독 주관사로 참여했으며, 2억 5,300만 달러가 신탁에 예치되었습니다. 단위, 클래스 A 주식, 권리는 각각 IPCXU, IPCX, IPCXR 심볼로 나스닥에서 별도로 거래됩니다.
Inflection Point Acquisition Corp III a réussi son offre publique initiale (IPO) de 253 millions de dollars sur le Nasdaq. La société a vendu 25,3 millions d'unités à 10,00 dollars par unité, incluant 3,3 millions d'unités issues de l'exercice complet de l'option de surallocation.
Chaque unité comprend une action ordinaire de classe A et un droit à recevoir 1/10 d'une action de classe A lors de la combinaison d'affaires. Les échanges ont débuté le 25 avril 2025 sous le symbole IPCXU. Parallèlement, un placement privé a levé 7,4 millions de dollars supplémentaires à travers 740 000 unités.
Dirigée par le PDG Michael Blitzer, la SPAC vise à fusionner avec des entreprises nord-américaines ou européennes dans des secteurs de croissance disruptive. Cantor Fitzgerald a agi en tant que teneur de livre unique, avec 253 millions de dollars placés en fiducie. Les unités, actions de classe A et droits seront négociés séparément sur le Nasdaq sous les symboles IPCXU, IPCX et IPCXR respectivement.
Inflection Point Acquisition Corp III hat erfolgreich sein Initial Public Offering (IPO) in Höhe von 253 Millionen US-Dollar an der Nasdaq abgeschlossen. Das Unternehmen verkaufte 25,3 Millionen Einheiten zu je 10,00 US-Dollar, darunter 3,3 Millionen Einheiten aus einer vollständig ausgeübten Mehrzuteilungsoption.
Jede Einheit besteht aus einer Stammaktie der Klasse A und dem Recht, bei einer Unternehmenszusammenführung 1/10 einer Klasse A-Aktie zu erhalten. Der Handel begann am 25. April 2025 unter dem Symbol IPCXU. Gleichzeitig wurde durch eine Privatplatzierung zusätzlich 7,4 Millionen US-Dollar durch 740.000 Einheiten eingenommen.
Unter der Leitung von CEO Michael Blitzer strebt die SPAC eine Fusion mit nordamerikanischen oder europäischen Unternehmen in disruptiven Wachstumsbranchen an. Cantor Fitzgerald fungierte als alleiniger Bookrunner, wobei 253 Millionen US-Dollar treuhänderisch verwahrt werden. Die Einheiten, Klasse A-Aktien und Rechte werden jeweils getrennt an der Nasdaq unter den Symbolen IPCXU, IPCX und IPCXR gehandelt.
- Successfully raised $253M in IPO through 25.3M units at $10.00 per unit
- Full exercise of overallotment option by underwriters for additional 3.3M units
- Additional $7.4M raised through private placement of 740,000 units
- 100% of IPO proceeds ($253M) placed in trust
- Trading commenced on Nasdaq Global Market
- No specific target business identified yet
- SPAC structure means high uncertainty for investors
- Forward-looking statements subject to numerous conditions beyond company control
Insights
Inflection Point Acquisition Corp. III raises $253M in standard SPAC IPO with rights structure, targeting disruptive growth companies in North America/Europe.
Inflection Point Acquisition Corp. III has successfully completed its initial public offering, raising
The unit structure includes one Class A ordinary share plus one right to receive one-tenth of a share upon completing a business combination - slightly different from the typical SPAC warrant structure. This rights-based approach generally results in less dilution compared to warrants but may offer more modest upside potential for early investors.
The SPAC also secured an additional
This mid-sized SPAC targets North American or European businesses in "disruptive growth sectors" that complement their management team's expertise. The management lineup includes Michael Blitzer (CEO), Peter Ondishin (CFO), and Kevin Shannon (COO).
Cantor Fitzgerald & Co. served as the sole bookrunner, and notably purchased 240,000 of the private placement units, aligning their interests somewhat with the SPAC's success.
As with all SPACs, the critical next phase will be identifying and executing a business combination with a suitable target company, though no specific timeline is provided in this announcement. The
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Inflection Point Acquisition Corp. III (the “Company”), a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 25,300,000 units, which includes 3,300,000 units issued pursuant to the full exercise by the underwriters of their overallotment option at a price of
Concurrently with the closing of the initial public offering, the Company closed on a private placement of 740,000 private placement units at a price of
The Company intends to pursue a business combination with a North American or European business in disruptive growth sectors, which complements the expertise of its management team, but may pursue an initial business combination in any industry, sector or geographic region. The Company is led by Chairman and Chief Executive Officer Michael Blitzer, Chief Financial Officer Peter Ondishin, Chief Operating Officer Kevin Shannon, and Directors Daniel Hoffman, Dr. Kamal Ghaffarian, William Denkin, and Noah Levy.
Cantor Fitzgerald & Co. acted as sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,300,000 units to cover over-allotments, if any. Concurrently with the closing of the initial public offering, the underwriters exercised the option to purchase an additional 3,300,000 units in full.
A registration statement on Form S-1 (File No. 333- 283427), as amended, relating to the securities was declared effective by the Securities and Exchange Commission (“SEC”) on April 24, 2025. The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from: Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: prospectus@cantor.com.
Of the net proceeds received from the consummation of the initial public offering and simultaneous private placement,
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the anticipated use of the net proceeds of the initial public offering and simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
About Inflection Point Acquisition Corp. III
Inflection Point Acquisition Corp. III’s acquisition and value creation strategy is to identify, partner with and help grow North American and European businesses in disruptive growth sectors, which complements the expertise of its management team. However, the Company may pursue an initial business combination in any industry, sector or geographic region.
Contact
Kevin Shannon
Inflection Point Acquisition Corp. III
info@inflectionpointacquisition.com
FAQ
How much did Inflection Point Acquisition Corp III (IPCXU) raise in its April 2025 IPO?
What do IPCXU units include in the 2025 Nasdaq IPO?
What type of companies will IPCXU target for acquisition?
How much private placement funding did IPCXU secure alongside its IPO?
When will IPCXU shares and rights trade separately on Nasdaq?
