Inflection Point Acquisition Corp ownership disclosure: LMR-related investment vehicles report beneficial ownership of 1,700,000 Class A ordinary shares in the issuer as of March 31, 2026, equal to approximately 6.7% of the outstanding Class A shares. The holdings arise from two funds, each holding 850,000 Units, with each Unit consisting of one Class A Ordinary Share and one-third of one redeemable warrant.
The reporting parties state the warrants total 283,333 per fund (aggregate 566,666 warrants) exercisable at an exercise price of $11.50 per share, exercisable 30 days after completion of the issuer's initial business combination and expiring five years thereafter. Shares outstanding cited: 25,300,000 Class A Ordinary Shares as of March 30, 2026.
Positive
None.
Negative
None.
Insights
LMR group holds a 6.7% stake via two IPO units and related warrants.
The disclosure states LMR Master Fund and LMR CCSA Master Fund each acquired 850,000 Units, representing 850,000 Class A Ordinary Shares per fund and aggregate 1,700,000 shares (about 6.7% of outstanding shares).
Warrants totaling 283,333 per fund are exercisable at $11.50 after the issuer's initial business combination; timing and exercise decisions rest with warrant holders and are conditional on transaction close.
Voting and dispositive power is reported as shared across the LMR reporting entities.
The cover rows indicate the Reporting Persons have shared power to vote and dispose of 1,700,000 Class A Ordinary Shares as of March 31, 2026. No sole voting or dispositive power is claimed.
Beneficial ownership is held on behalf of the two named master funds; the filing notes regulatory comparability statements and offers to furnish Schedule 13D information if requested.
Key Figures
LMR aggregate shares:1,700,000 sharesPer-fund Units acquired:850,000 UnitsAggregate warrants (from Units):566,666 warrants+3 more
6 metrics
LMR aggregate shares1,700,000 sharesBeneficially owned as of March 31, 2026
Per-fund Units acquired850,000 UnitsEach fund acquired 850,000 Units in the IPO
Aggregate warrants (from Units)566,666 warrantsTotal warrants attributable to Units (283,333 per fund aggregated)
Warrant exercise price$11.50Exercise price per Class A Ordinary Share
Percent of class6.7%Percent of Class A outstanding as of March 30, 2026
Shares outstanding cited25,300,000 sharesClass A Ordinary Shares outstanding as of March 30, 2026
Key Terms
Unit, Redeemable warrant, Shared dispositive power, Beneficially owned
4 terms
Unitfinancial
"Each Unit consisting of one Class A Ordinary Share and one-third of one redeemable warrant"
A unit is a single, indivisible investment instrument sold and traded as one package, often made up of two or more pieces such as a share combined with a warrant or a debt piece. Thinking of it like a combo meal at a restaurant helps: you buy one item that includes separate parts, and each part affects what you own, how you can sell it, and the potential future value or dilution for investors.
Redeemable warrantfinancial
"redeemable warrants to purchase 283,333 Class A Ordinary Shares exercisable 30 days after the completion"
A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.
Shared dispositive powerregulatory
"shared power to dispose or to direct the disposition of 1,700,000 Class A Ordinary Shares"
Beneficially ownedregulatory
"The Class A Ordinary Shares beneficially owned by the Reporting Persons are directly held by LMR Master Fund"
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.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Inflection Point Acquisition Corp VI
(Name of Issuer)
Class A ordinary shares, par value $0.0001 par value
(Title of Class of Securities)
G4790S123
(CUSIP Number)
03/31/2026
(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):
G4790S123
1
Names of Reporting Persons
LMR Partners LLP
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 KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
LMR PARTNERS Ltd
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
HONG KONG
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
LMR Partners 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
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
LMR Partners AG
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
SWITZERLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
LMR PARTNERS (DIFC) Ltd
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 ARAB EMIRATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
LMR Partners (Ireland) Limited
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
IRELAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
Ben Levine
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 KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
G4790S123
1
Names of Reporting Persons
Stefan Renold
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
SWITZERLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,700,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,700,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,700,000.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Inflection Point Acquisition Corp VI
(b)
Address of issuer's principal executive offices:
1680 Michigan Avenue Suite 700 #1031, Miami Beach, Florida, 33139
Item 2.
(a)
Name of person filing:
This statement is filed by: (i) LMR Partners LLP, LMR Partners Limited, LMR Partners LLC, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited (collectively, the "LMR Investment Managers"), which serve as the investment managers to certain funds with respect to the shares of Class A ordinary shares, par value $0.0001 par value ("Class A Ordinary Shares"), held by certain funds; and (ii) Ben Levine and Stefan Renold, who are ultimately in control of the investment and voting decisions of the LMR Investment Managers with respect to the securities held by certain funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is c/o LMR Partners LLP, 9th Floor, Devonshire House, 1 Mayfair Place, London, W1J 8AJ, United Kingdom.
(c)
Citizenship:
LMR Partners LLP is a United Kingdom limited liability partnership. LMR Partners Limited is a Hong Kong corporation. LMR Partners LLC is a Delaware limited liability company. LMR Partners AG is a Swiss corporation. LMR Partners (DIFC) Limited is a United Arab Emirates corporation. LMR Partners (Ireland) Limited is a limited company incorporated in Ireland. Ben Levine is a citizen of the United Kingdom. Stefan Renold is a citizen of Switzerland.
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 par value
(e)
CUSIP Number(s):
G4790S123
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).
Investment Adviser
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
As of March 31, 2026:
The Class A Ordinary Shares beneficially owned by the Reporting Persons are directly held by LMR Multi-Strategy Master Fund Limited ("LMR Master Fund") and LMR CCSA Master Fund Ltd ("LMR CCSA Master Fund"). Each of LMR Master Fund and LMR CCSA Master Fund acquired 850,000 units of the Issuer's securities ("Units") in the Issuer's initial public offering, with each Unit consisting of one Class A Ordinary Share and one-third (1/3) of one redeemable warrant (each whole redeemable warrant exercisable for one Class A Ordinary Share). By virtue of holding the Units, each of LMR Master Fund and LMR CCSA Master Fund directly holds 850,000 Class A Ordinary Shares, with a total of 1,700,000 Class A Ordinary Shares in the aggregate (the "LMR Shares").
In addition to the LMR Shares, by virtue of holding the Units, each of LMR Master Fund and LMR CCSA Master Fund also directly holds redeemable warrants to purchase 283,333 Class A Ordinary Shares ("Warrants"). The Warrants have an exercise price of $11.50 per Class A Ordinary Share and are exercisable 30 days after the completion of the Issuer's initial business combination, and will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation.
(b)
Percent of class:
As of March 31, 2026:
The Class A Ordinary Shares held by each of LMR Master Fund and LMR CCSA Master Fund represent approximately 3.4% and the LMR Shares in the aggregate represent approximately 6.7% of the outstanding Class A Ordinary Shares, based on 25,300,000 Class A Ordinary Shares of the Issuer outstanding as of March 30, 2026, as reported in the Issuer's Form 8-K filed with the Securities and Exchange Commission on March 31, 2026.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of March 31, 2026, each of the Reporting Persons had sole power to vote or direct the vote of 0 Class A Ordinary Shares.
(ii) Shared power to vote or to direct the vote:
As of March 31, 2026, each of the Reporting Persons had shared power to vote or direct the vote of 1,700,000 Class A Ordinary Shares.
(iii) Sole power to dispose or to direct the disposition of:
As of March 31, 2026, each of the Reporting Persons had sole power to dispose or to direct the disposition of 0 Class A Ordinary Shares.
(iv) Shared power to dispose or to direct the disposition of:
As of March 31, 2026, each of the Reporting Persons had shared power to dispose or to direct the disposition of 1,700,000 Class A Ordinary Shares.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities beneficially owned by the Reporting Persons are directly held by LMR Master Fund and LMR CCSA Master Fund, for which the LMR Investment Managers serve as the investment managers.
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.
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to LMR Partners LLP, LMR Partners Limited, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
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.
What stake does LMR hold in Inflection Point Acquisition Corp (IPFXU)?
LMR-related funds beneficially own 1,700,000 Class A ordinary shares, representing about 6.7% of outstanding Class A shares based on 25,300,000 shares outstanding as of March 30, 2026. The position reflects two funds holding 850,000 Units each.
How are the reported Units structured and what additional rights do they include?
Each Unit consists of one Class A Ordinary Share and one-third of a redeemable warrant. Each fund acquired 850,000 Units, and the issuers of the Units result in aggregate warrants totaling 566,666 across both funds.
What are the warrant terms disclosed in the filing?
The redeemable warrants exercisable into Class A Ordinary Shares carry an exercise price of $11.50 per share, become exercisable 30 days after completion of the issuer's initial business combination, and expire five years after that completion or earlier upon redemption or liquidation.
Do the reporting persons claim sole voting or dispositive power over the shares?
No. The filing states the Reporting Persons have 0 sole voting power and 0 sole dispositive power, and report shared power to vote and dispose of 1,700,000 Class A Ordinary Shares as of March 31, 2026.
How was the percentage of class ownership calculated in this disclosure?
The 6.7% figure is calculated using 1,700,000 Class A Ordinary Shares held by the funds and a cited outstanding share count of 25,300,000 Class A Ordinary Shares as of March 30, 2026 as reported in the issuer's referenced Form 8-K.
