Inflection Point V investor Karpus reports 0% stake

Inflection Point Acquisition Corp. V (IPEX) is the subject of this amended Schedule 13G/A, in which Karpus Management, Inc. reports that it now beneficially owns 0 shares of the company’s common stock, representing 0.00% of the class.

Rhea-AI Filing Summary

Inflection Point Acquisition Corp. V (IPEX) is the subject of this amended Schedule 13G/A, in which Karpus Management, Inc. reports that it now beneficially owns 0 shares of the company’s common stock, representing 0.00% of the class.

Karpus, a New York–based registered investment adviser controlled by City of London Investment Group plc, states it has no sole or shared voting or dispositive power over any Inflection Point Acquisition Corp. V common shares.

Key Figures

Beneficially owned shares: 0 shares Percent of class owned: 0.00% Shares with sole voting power: 0 shares +3 more

6 metrics

Beneficially owned shares 0 shares Common stock of Inflection Point Acquisition Corp. V reported by Karpus

Percent of class owned 0.00% Common stock of Inflection Point Acquisition Corp. V reported by Karpus

Shares with sole voting power 0 shares Karpus voting power over Inflection Point Acquisition Corp. V common stock

Shares with shared voting power 0 shares Karpus shared voting power over Inflection Point Acquisition Corp. V common stock

Shares with sole dispositive power 0 shares Karpus dispositive power over Inflection Point Acquisition Corp. V common stock

Shares with shared dispositive power 0 shares Karpus shared dispositive power over Inflection Point Acquisition Corp. V common stock

Key Terms

beneficial ownership, registered investment adviser, Ownership of 5 percent or less of a class

3 terms

beneficial ownership regulatory

"attribution of beneficial ownership is not required between Karpus and CLIG"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

registered investment adviser regulatory

"Karpus is a registered investment adviser under Section 203"

A registered investment adviser (RIA) is a firm or individual legally registered with regulators to give personalized investment advice and manage clients' money, with a duty to put clients’ interests ahead of their own. Think of an RIA as a licensed financial guide who must disclose fees, conflicts and how they are paid; that transparency and legal duty matter to investors because it reduces the risk of hidden costs or biased recommendations.

Ownership of 5 percent or less of a class regulatory

"Item 5. | Ownership of 5 Percent or Less of a Class."

FAQ

What change in ownership of IPEX did Karpus Management, Inc. report in this Schedule 13G/A?

Karpus Management, Inc. reported that it now beneficially owns 0 shares of Inflection Point Acquisition Corp. V common stock, representing 0.00% of the outstanding class, with no sole or shared voting or dispositive power over any shares.

What percentage of Inflection Point Acquisition Corp. V (IPEX) does Karpus currently own?

Karpus reports beneficial ownership of 0.00% of Inflection Point Acquisition Corp. V’s common stock. It indicates zero sole or shared voting power and zero sole or shared dispositive power over any IPEX common shares.

Who is the reporting person in this IPEX Schedule 13G/A filing?

The reporting person is Karpus Management, Inc., doing business as Karpus Investment Management, a New York corporation and registered investment adviser under Section 203 of the Investment Advisers Act of 1940.

Does Karpus have any voting or dispositive power over IPEX shares?

No. Karpus reports 0.00 shares with sole voting power, 0.00 with shared voting power, 0.00 with sole dispositive power, and 0.00 with shared dispositive power over Inflection Point Acquisition Corp. V common stock.

What is the significance of Item 5 in this IPEX Schedule 13G/A?

Under Item 5, Karpus states that it has ownership of 5 percent or less of the class of Inflection Point Acquisition Corp. V common stock, consistent with its reported beneficial ownership of 0 shares and 0.00% of the class.

Who signed the Schedule 13G/A for Karpus regarding IPEX?

The filing was signed by Jodi L. Hedberg, Chief Compliance Officer of Karpus Management, Inc., on September 4, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/04/2026 - 04:06 PM Accepted by SEC EDGAR 09/04/2026 - 04:05 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Inflection Point Acquisition Corp. V

(Name of Issuer)

Common

(Title of Class of Securities)

G6001J107

(CUSIP Number)

08/31/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G6001J107

1

Names of Reporting Persons

KARPUS MANAGEMENT, INC.

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

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0.00 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Inflection Point Acquisition Corp. V
(b)	Address of issuer's principal executive offices: 167 Madison Ave, Suite 205 #1017 New York, NY 10016
Item 2.
(a)	Name of person filing: This statement is being filed by Karpus Management, Inc., d/b/a Karpus Investment Management ("Karpus" or the "Reporting Person"). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc ("CLIG"), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.
(b)	Address or principal business office or, if none, residence: 183 Sully's Trail, Pittsford, New York 14534.
(c)	Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.
(d)	Title of class of securities: Common
(e)	CUSIP No.: G6001J107
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: 0.00
(b)	Percent of class: 0.00 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	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:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

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.

KARPUS MANAGEMENT, INC.

Signature:	/s/ Jodi L. Hedberg
Name/Title:	Jodi L. Hedberg / Chief Compliance Officer
Date:	09/04/2026