Inflection Point Acquisition Corp. III (NASDAQ:IPCXU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IPCXU”, Friday, April 25, 2025.
The new SPAC aims to combine with a disruptive technology company in North America or Europe that is customer-focused and adaptable to shifts in the current business environment.
Inflection Point Acquisition Corp. III’s management team is led by Chairman and Chief Executive Officer Michael Blitzer, Chief Financial Officer Peter Ondishin and Chief Operating Officer Kevin Shannon. The Board also includes Daniel J. Hoffman, Dr. Kamal Ghaffarian, Willian Denkin, and Noah G. Levy.
Total SPAC deal count for 2025 year-to-date is now 27. This offering is expected to close on Monday, April 28, 2025.
Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering. White & Case LLP is serving as Issuer’s Counsel with DLA Piper LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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