[SCHEDULE 13G] Inflection Point Acquisition Corp. III Units SEC Filing

Rhea-AI Filing Summary

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.

Positive

• Significant disclosed stake: Reporting Persons own 8,933,333 shares, equal to 25.9% of the class.
• Transparent ownership structure: Filing details record holder (IPH), manager (IPAM) and controller (Michael Blitzer).
• Joint Filing Agreement attached, formalizing coordinated disclosure among Reporting Persons.

Negative

• None.

Insights

Financial Analyst

TL;DR: A substantial 25.9% stake signals a concentrated ownership position that could influence voting outcomes and strategic direction.

The Reporting Persons hold 8,933,333 Class A shares, representing 25.9% of the class based on the disclosed share base of 34,473,333. The position arises from IPH record ownership and convertible treatment of Class B shares. Shared voting and dispositive powers are disclosed rather than sole control, and the filing includes a Joint Filing Agreement which formalizes coordinated reporting. For investors, this disclosure clarifies who exercises voting influence and the mechanics used to compute percentage ownership.

Corporate Governance Expert

TL;DR: Reporting shows clear control relationships and coordinated reporting, important for board and shareholder vote analyses.

The submission identifies IPH as record holder, IPAM as manager and Mr. Blitzer as CIO with control over IPH and IPAM, and disclaims indirect beneficial ownership except for any pecuniary interest. The Joint Filing Agreement and consistent cover-page figures provide transparency about group status and shared voting/dispositive power. The filing also documents convertible instruments and excluded rights, which affect dilution and voting calculations.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Inflection Point Acquisition Corp. III

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G47875102

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G47875102

1

Names of Reporting Persons

Inflection Point Holdings III LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,933,333.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,933,333.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,933,333.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

25.9 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Limited liability company

SCHEDULE 13G

CUSIP No. G47875102

1

Names of Reporting Persons

Inflection Point Asset Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,933,333.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,933,333.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,933,333.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

25.9 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Limited liability company

SCHEDULE 13G

CUSIP No. G47875102

1

Names of Reporting Persons

Michael Blitzer

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,933,333.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,933,333.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,933,333.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

25.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Inflection Point Acquisition Corp. III
(b)	Address of issuer's principal executive offices: 167 Madison Avenue, Suite 205 #1017, New York, New York 10016
Item 2.
(a)	Name of person filing: Inflection Point Holdings III LLC ("IPH"). Inflection Point Asset Management LLC ("IPAM"). Michael Blitzer ("Mr. Blitzer"). Each of such persons is referred to herein individually as a "Reporting Person" and collectively as the "Reporting Persons." This Schedule 13G is being filed pursuant to a Joint Filing Agreement, attached hereto as Exhibit 1.
(b)	Address or principal business office or, if none, residence: The principal business address of the Reporting Persons is as follows: 167 Madison Ave, Suite 205 #1017 New York, New York 10016
(c)	Citizenship: See the responses to Item 4 of the attached cover pages.
(d)	Title of class of securities: Class A ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G47875102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response to row 9 of the cover page of each Reporting Person. IPH is the record holder of such shares. IPAM is the manager of IPH. Mr. Blitzer is the Chief Investment Officer of IPAM. Mr. Blitzer controls each of IPH and IPAM, including the exercise of voting and investment discretion over the securities of held by IPH. Each of IPAM and Mr. Blitzer disclaim any beneficial ownership of the securities held by IPH other than to the extent of any pecuniary interest he or it may have therein, directly or indirectly. Excludes 50,000 Class A ordinary shares issuable upon conversion of 500,000 rights, to receive one-tenth of one Class A ordinary share, subject to adjustment, upon the consummation of the Issuer's initial business combination, which are not deemed convertible within 60 days.
(b)	Percent of class: See the response to row 11 of the cover page of each Reporting Person. Percentage ownership is based on an aggregate of 34,473,333 Class A ordinary shares, consisting of (i) 26,040,000 Class A ordinary shares outstanding as of August 14, 2025 as reported in the Issuer's Quarterly Report on Form 10-Q (File No. 001-42614) filed on August 14, 2025 plus (ii) 8,433,333 Class A ordinary shares issuable upon conversion of 8,433,333 Class B ordinary shares, par value $0.0001 per share, held by IPH.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response to row 5 of the cover page of each Reporting Person.
	(ii) Shared power to vote or to direct the vote: See the response to row 6 of the cover page of each Reporting Person, as well as the answer to Item 4(a).
	(iii) Sole power to dispose or to direct the disposition of: See the response to row 7 of the cover page of each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: See the response to row 8 of the cover page of each Reporting Person, as well as the answer to Item 4(a).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Inflection Point Holdings III LLC

Signature:	/s/ Michael Blitzer
Name/Title:	Michael Blitzer / Chief Investment Officer of Inflection Point Asset Management LLC, its manager
Date:	08/14/2025

Inflection Point Asset Management LLC

Signature:	/s/ Michael Blitzer
Name/Title:	Michael Blitzer / Chief Investment Officer
Date:	08/14/2025

Michael Blitzer

Signature:	/s/ Michael Blitzer
Name/Title:	Michael Blitzer
Date:	08/14/2025

Exhibit Information

Exhibit 1 - Joint Filing Agreement, dated as of August 14, 2025, among the Reporting Persons.

FAQ

How many Class A shares does IPH and related reporting persons beneficially own for IPCXU?

They report beneficial ownership of 8,933,333 Class A ordinary shares.

What percentage of IPCXU does the reported position represent?

The reported position represents 25.9% of the Class A ordinary shares.

How was the percentage ownership for IPCXU calculated?

Percentage is based on an aggregate of 34,473,333 Class A shares: 26,040,000 outstanding plus 8,433,333 issuable upon conversion of Class B shares.

Who controls the shares and what voting power is disclosed?

IPH is the record holder, IPAM is the manager and Michael Blitzer is CIO; the filing discloses shared voting and shared dispositive power over the 8,933,333 shares.

Are any shares excluded from the beneficial ownership count?

Yes, the filing excludes 50,000 Class A shares issuable upon conversion of 500,000 rights that are not deemed convertible within 60 days.