STOCK TITAN

Harraden Circle discloses 7.39% IPFX stake after reorganization

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. report beneficial ownership of 1,869,092 Class A shares of Inflection Point Acquisition Corp., representing 7.39% of the class. All voting and dispositive power over these shares is shared, with no sole power reported. The shares are held for the accounts of several Harraden Circle funds, which have the right to receive dividends and sale proceeds. This amendment reflects an internal reorganization effective June 30, 2026, after which certain prior reporting persons are no longer beneficial owners and the remaining reporting persons now file under a different Rule.

Positive

  • None.

Negative

  • None.
Shares beneficially owned 1,869,092 shares Class A shares of Inflection Point Acquisition Corp. reported as beneficially owned
Percent of class 7.39% Percentage of Inflection Point Acquisition Corp. Class A shares beneficially owned
Sole voting power 0 shares Shares over which the reporting persons have sole power to vote
Shared voting power 1,869,092 shares Shares over which the reporting persons have shared power to vote
Sole dispositive power 0 shares Shares over which the reporting persons have sole power to dispose
Shared dispositive power 1,869,092 shares Shares over which the reporting persons have shared power to dispose
Internal reorganization date 06/30/2026 Effective date after which some prior reporting persons ceased to be beneficial owners
Signature date 08/14/2026 Date on which Frederick V. Fortmiller, Jr. signed the amendment
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1,869,092"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting power financial
"6 | Shared Voting Power 1,869,092.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"8 | Shared Dispositive Power 1,869,092.00"
dispositive power financial
"Sole Dispositive Power 0.00 8 | Shared Dispositive Power 1,869,092.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
beneficial owners financial
"are no longer beneficial owners of the securities reported herein"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
Schedule 13G regulatory
"This amends the filed under to remove the reporting persons"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What ownership stake in IPFX does Harraden Circle report in this Schedule 13G/A?

Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. report beneficial ownership of 1,869,092 Class A shares of IPFX, representing 7.39% of the outstanding Class A securities.

Who are the reporting persons in the IPFX Schedule 13G/A amendment?

The reporting persons are Harraden Circle Investments, LLC, a Delaware limited liability company, and Frederick V. Fortmiller, Jr., its managing member and a citizen of the United States.

How much voting and dispositive power over IPFX shares do the reporting persons have?

They report 0 shares with sole voting or dispositive power and 1,869,092 shares with shared voting and shared dispositive power over IPFX Class A stock.

Which funds actually hold the IPFX shares reported by Harraden Circle?

The shares are held for the accounts of Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, and Harraden Circle Concentrated, LP.

What change prompted this amended Schedule 13G/A filing for IPFX?

An internal reorganization effective June 30, 2026 led to some prior reporting persons no longer being beneficial owners, and the remaining reporting persons now qualify to file under a different Rule.

Who is entitled to dividends and sale proceeds from the reported IPFX shares?

Certain Harraden Circle funds identified in Item 2(a) have the right to receive any dividends from, or the proceeds from the sale of, the IPFX securities reported.

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

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Learn about SEC filing dates





G4790S107

(CUSIP Number)
06/30/2026

(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





SCHEDULE 13G





SCHEDULE 13G



Harraden Circle Investments, LLC
Signature:/s/ Frederick V. Fortmiller, Jr.
Name/Title:Frederick V. Fortmiller, Jr., managing member
Date:08/14/2026
Frederick V. Fortmiller, Jr.
Signature:/s/ Frederick V. Fortmiller, Jr.
Name/Title:Frederick V. Fortmiller, Jr.
Date:08/14/2026

Comments accompanying signature: This Schedule 13G amends the Schedule 13G filed under Rule 13d-1(c) to remove the reporting persons who, after an internal reorganization effective June 30, 2026, are no longer beneficial owners of the securities reported herein and to change the Rule under which this Schedule 13G is filed to Rule 13d-1(b), because the remaining reporting persons qualify to file Schedule 13G under Rule 13d-1(b).