Welcome to our dedicated page for Inflection Point SEC filings (Ticker: IPCXU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Inflection Point Acquisition Corp. III filings document the regulatory record of a Cayman Islands blank-check company and its Nasdaq-listed securities. The disclosures cover units consisting of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share, separate Class A ordinary shares and rights, emerging growth company status, and Exchange Act reporting.
Its 8-K filings record material events, written communications under Securities Act Rule 425, governance changes involving the board and audit committee, and capital-structure details relevant to a SPAC formed to pursue a business combination.
Inflection Point Acquisition Corp. III reported net income of $1,681,317 for the quarter ended March 31, 2026, mainly from $2,308,055 of dividend income on funds held in its SPAC trust, partially offset by $626,738 of formation and operating costs. Cash outside the trust was $834,598, while cash and marketable securities in the Trust Account totaled $261,298,144, backing 25,300,000 Class A shares subject to redemption.
The company highlighted its pending business combination with Air Water Ventures, structured via a two-step merger into PubCo, and detailed multiple PIPE financings, including approximately $28.5M and $31.0M Air Water preferred-share and warrant subscriptions and additional $5.0M and $15.0M commitments. Management disclosed substantial doubt about the company’s ability to continue as a going concern if a business combination is not completed within the April 28, 2027 completion window, though no liquidation adjustments were recorded.
Inflection Point Acquisition Corp. III reported net income of $1,681,317 for the quarter ended March 31, 2026, mainly from $2,308,055 of dividend income on funds held in its SPAC trust, partially offset by $626,738 of formation and operating costs. Cash outside the trust was $834,598, while cash and marketable securities in the Trust Account totaled $261,298,144, backing 25,300,000 Class A shares subject to redemption.
The company highlighted its pending business combination with Air Water Ventures, structured via a two-step merger into PubCo, and detailed multiple PIPE financings, including approximately $28.5M and $31.0M Air Water preferred-share and warrant subscriptions and additional $5.0M and $15.0M commitments. Management disclosed substantial doubt about the company’s ability to continue as a going concern if a business combination is not completed within the April 28, 2027 completion window, though no liquidation adjustments were recorded.
W. R. Berkley Corporation reports beneficial ownership of 1,769,623 Class A ordinary shares of Inflection Point Acquisition Corp. III.
The filing states this equals 6.8% of the class, with shared voting and dispositive power over those shares. The filing lists the issuer CUSIP as G47875102 and is signed by Richard M. Baio.
W. R. Berkley Corporation reports beneficial ownership of 1,769,623 Class A ordinary shares of Inflection Point Acquisition Corp. III.
The filing states this equals 6.8% of the class, with shared voting and dispositive power over those shares. The filing lists the issuer CUSIP as G47875102 and is signed by Richard M. Baio.
Inflection Point Acquisition Corp. III director Park Jae Hyun filed an initial Form 3, which is a statement of beneficial ownership for insiders. This filing lists Park’s status as a director but does not report any stock transactions or holdings in this excerpt.
Inflection Point Acquisition Corp. III director Park Jae Hyun filed an initial Form 3, which is a statement of beneficial ownership for insiders. This filing lists Park’s status as a director but does not report any stock transactions or holdings in this excerpt.
Inflection Point Acquisition Corp. III reported that its board appointed Jae Hyun (James) Park as a Class II director, with a term lasting until the company’s second annual meeting of stockholders. He was also named to the board’s Audit Committee as a member and deemed an independent director under Nasdaq and SEC rules.
Park is an experienced investment professional with a background in SPAC transactions, capital markets, and natural resources, including leadership roles at Keystone Acquisition Corp. and prior work with USA Rare Earth and KPMG. The company entered into an indemnity agreement and a letter agreement with him on terms consistent with those of its other directors, and disclosed that there are no related-party arrangements or family relationships tied to his appointment.
Inflection Point Acquisition Corp. III reported that its board appointed Jae Hyun (James) Park as a Class II director, with a term lasting until the company’s second annual meeting of stockholders. He was also named to the board’s Audit Committee as a member and deemed an independent director under Nasdaq and SEC rules.
Park is an experienced investment professional with a background in SPAC transactions, capital markets, and natural resources, including leadership roles at Keystone Acquisition Corp. and prior work with USA Rare Earth and KPMG. The company entered into an indemnity agreement and a letter agreement with him on terms consistent with those of its other directors, and disclosed that there are no related-party arrangements or family relationships tied to his appointment.
Healthcare of Ontario Pension Plan Trust Fund (HOOPP) filed an amended Schedule 13G showing it beneficially owns 250,000 Class A ordinary shares of Inflection Point Acquisition Corp. III, representing 1.0% of this SPAC’s Class A shares.
HOOPP reports sole voting and dispositive power over all 250,000 shares. The ownership percentage is based on 26,040,000 Class A shares outstanding as of November 13, 2025, as disclosed in the company’s Form 10-Q. HOOPP states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control.
Healthcare of Ontario Pension Plan Trust Fund (HOOPP) filed an amended Schedule 13G showing it beneficially owns 250,000 Class A ordinary shares of Inflection Point Acquisition Corp. III, representing 1.0% of this SPAC’s Class A shares.
HOOPP reports sole voting and dispositive power over all 250,000 shares. The ownership percentage is based on 26,040,000 Class A shares outstanding as of November 13, 2025, as disclosed in the company’s Form 10-Q. HOOPP states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control.
MMCAP International Inc. SPC and Asset Management Inc. filed an amended Schedule 13G reporting their stake in Inflection Point Acquisition Corp. III.
They beneficially own 1,400,000 Class A ordinary shares, representing 5.4% of the class, with shared voting and dispositive power and no sole authority over the shares.
The filers certify the holdings were not acquired to change or influence control, indicating a passive investment position as of the event date of 12/31/2025.
MMCAP International Inc. SPC and Asset Management Inc. filed an amended Schedule 13G reporting their stake in Inflection Point Acquisition Corp. III.
They beneficially own 1,400,000 Class A ordinary shares, representing 5.4% of the class, with shared voting and dispositive power and no sole authority over the shares.
The filers certify the holdings were not acquired to change or influence control, indicating a passive investment position as of the event date of 12/31/2025.
Inflection Point Acquisition Corp. III entered into a Business Combination Agreement to combine with Air Water Ventures entities, creating a publicly listed operating company (PubCo) through two successive mergers. The agreement contemplates (a) a First Merger where PubCo merges with Inflection Point and (b) a Second Merger where the Company merges into Merger Sub, leaving PubCo as the surviving public parent. Security conversions and exchange mechanics are specified for SPAC units, Class A and B shares, rights, Company ordinary and preferred shares, warrants, RSUs, PSUs and Merger Sub shares using defined exchange ratios tied in part to a $300,000,000 reference and the Redemption Price. Closing is subject to customary conditions including shareholder approvals, Nasdaq conditional listing, an effective Securities Act registration statement, specified representations and covenants, absence of material adverse effects and discharge of certain indebtedness. Financing includes a Pre-Funded PIPE of approximately $32.5 million and a Closing PIPE of approximately $31 million. The agreement includes multiple lock-up, sponsor support and registration rights arrangements and an Outside Date of August 25, 2026 with potential extensions.
Inflection Point Acquisition Corp. III reporting persons Inflection Point Holdings III LLC, Inflection Point Asset Management LLC and Michael Blitzer together report beneficial ownership of 8,933,333 Class A ordinary shares, representing 25.9% of the class. The ownership percentage is calculated on an aggregate class of 34,473,333 shares, which combines 26,040,000 outstanding Class A shares and 8,433,333 Class A shares issuable upon conversion of Class B shares. IPH is the record holder; IPAM manages IPH and Mr. Blitzer is CIO of IPAM and controls IPH. The filing discloses shared voting and dispositive power over the 8,933,333 shares and excludes 50,000 Class A shares issuable upon conversion of rights that are not deemed convertible within 60 days. A Joint Filing Agreement is attached.
Tenor-affiliated investors disclose shared ownership of 1,250,000 Class A ordinary shares of Inflection Point Acquisition Corp. III, representing 4.8% of the outstanding Class A shares per the issuer's 10-Q. The shares are held by Tenor Opportunity Master Fund, Ltd., with Tenor Capital Management Company, L.P. serving as the Master Fund's investment manager and Robin Shah identified as the related managing member. The filing reports no sole voting or dispositive power; all 1,250,000 shares are reported as shared voting and shared dispositive power.
The filing includes a certification that the securities were not acquired to change or influence control of the issuer. The report clarifies ownership and manager relationships but discloses a stake below common 5% materiality thresholds.
Healthcare of Ontario Pension Plan Trust Fund (HOOPP) reports beneficial ownership of 1,400,000 Class A ordinary shares of Inflection Point Acquisition Corp. III, representing 5.4% of the Class A shares outstanding based on the issuer's reported outstanding share count of 26,040,000. The filing discloses the position as held in units, with each unit consisting of one Class A share and one right; each right entitles the holder to receive one tenth of one Class A share.
The registrant states these securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The filing identifies HOOPP as a pension plan trust formed under Ontario law and is signed by HOOPP's compliance officer certifying the accuracy of the statement.