STOCK TITAN

Inflection Point VIII completes $287.5M SPAC IPO

SPAC IPHXU completed a $287.5 million IPO and placed the full amount, plus private warrant proceeds, into a restricted trust to fund a future business combination.

(Very High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Inflection Point Acquisition Corp. VIII (IPHXU) completed its SPAC initial public offering, selling 28,750,000 units at $10.00 each, including the full exercise of the underwriters’ 3,750,000-unit over-allotment option, for gross proceeds of $287,500,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant exercisable at $11.50 per share, and the units trade on Nasdaq under the symbol IPHXU.

Concurrently, the company sold 8,000,000 private placement warrants at $1.00 per warrant to its sponsor and the underwriters’ representative, raising an additional $8,000,000. A total of $287,500,000, including up to $13,687,500 of deferred underwriting discount, was deposited into a U.S. trust account, with limited interest withdrawals permitted for up to $1,000,000 annually for working capital plus taxes. The company adopted an amended and restated charter and finalized its classified board structure, appointing three independent directors and constituting audit and compensation committees.

Positive

  • None.

Negative

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Filing Explained

The IPO and private warrant sale are complete; $287.5 million is in trust, while warrant exercise and a business combination remain conditional.

Under Form 8-K, which reports specified material events, the company reports that its IPO closed on August 31, 2026: $287.5 million of gross proceeds came from 28,750,000 units, each containing one Class A ordinary share and one-third of a redeemable warrant.

The closing also completed a private sale of 8,000,000 warrants for $8 million; each warrant entitles its holder to buy one Class A ordinary share for $11.50, so exercise would create additional shares and reduce existing holders’ percentage ownership absent offsetting changes.

A private placement is a sale to selected investors outside a public offering; here, the sponsor and the underwriters’ representative received registration rights, while the warrants and any shares from their exercise are generally restricted from transfer until 30 days after the initial business combination.

The company states that $287.5 million was placed in a U.S. trust account, with release limited mainly to completion of an initial business combination, specified redemptions, or permitted interest withdrawals and taxes.

This filing records completion of the IPO and warrant sale, not completion of a business combination: the company says it intends to pursue one, and the private warrants will be worthless if no combination occurs.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
IPO units sold 28,750,000 units Initial public offering, including 3,750,000 over-allotment units
IPO price per unit $10.00 per unit Public offering price for IPHXU units
IPO gross proceeds $287,500,000 Total gross proceeds from sale of 28,750,000 units
Private placement warrants 8,000,000 warrants Sold privately at $1.00 each concurrent with IPO
Private placement proceeds $8,000,000 Gross proceeds from sale of private placement warrants
Trust account deposit $287,500,000 Net proceeds from IPO and private placement placed in trust
Deferred underwriting discount included in trust $13,687,500 Portion of trust funds representing deferred underwriting discount
Annual working capital withdrawal limit $1,000,000 per year Cap on interest withdrawals from trust for working capital (plus rollover)
over-allotment option financial
"includes 3,750,000 units issued pursuant to the full exercise by the underwriters of their overallotment option"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
Private Placement Warrants financial
"completed the private sale of an aggregate of 8,000,000 private placement warrants"
Private placement warrants are tradable coupons given directly to a limited group of investors that let the holder buy a company's shares at a fixed price before a set expiration date. They matter to investors because they can provide extra upside if the stock rises and give companies a way to raise money outside a public offering, but they also can increase the number of shares outstanding (dilution) and therefore affect share value and investor returns.
trust account financial
"was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company"
A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.
deferred discount financial
"which amount includes up to $13,687,500 of the underwriters’ deferred discount"
FINRA Rule 5110(g)(8) regulatory
"will not be exercisable more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8)"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What did Inflection Point Acquisition Corp. VIII (IPHXU) announce in this 8-K?

It reported the completion of its initial public offering of 28,750,000 units at $10.00 per unit, concurrent sale of 8,000,000 private placement warrants, and deposit of $287,500,000 of net proceeds into a U.S. trust account to fund a future business combination.

How large is the IPHXU SPAC IPO and what is the unit structure?

The IPO totals 28,750,000 units at $10.00 each for $287,500,000 in gross proceeds. Each unit includes one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share.

How much money from the IPHXU IPO was placed in the trust account?

The company placed $287,500,000 of net proceeds into a U.S.-based trust account, including up to $13,687,500 of deferred underwriting discount. Withdrawals are limited mainly to interest of up to $1,000,000 per year for working capital plus amounts needed to pay taxes.

What private placement did Inflection Point Acquisition Corp. VIII complete with its IPO?

Simultaneously with the IPO closing, it sold 8,000,000 private placement warrants at $1.00 per warrant, generating $8,000,000. The sponsor bought 5,000,000 warrants and the underwriters’ representative bought 3,000,000 warrants, each exercisable for one Class A share at $11.50.

Where are IPHXU’s securities listed and under what symbols?

The units are listed on The Nasdaq Global Market under ticker IPHXU. Once separated, the Class A ordinary shares are expected to trade under IPHX and the redeemable warrants under IPHXW, each as described in the company’s disclosures.

What governance steps did IPHXU take in connection with the IPO?

The company adopted an Amended and Restated Memorandum and Articles of Association and established a classified board with three classes of directors. It appointed three independent directors, formed audit and compensation committees, and entered into indemnity and letter agreements with board members.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 27, 2026

 

 

 

INFLECTION POINT ACQUISITION CORP. VIII

(Exact name of registrant as specified in its charter)

 

 

 

Cayman Islands   001-43464   N/A
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

1680 Michigan Avenue Suite 700 #1032

Miami Beach, FL 33139

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (212) 295-5830

 

Not Applicable
(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-third of one redeemable warrant   IPHXU   The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 par value   IPHX   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share   IPHXW   The Nasdaq Stock Market LLC

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On August 31, 2026, Inflection Point Acquisition Corp. VIII (the “Company”) consummated its initial public offering (“IPO”) of 28,750,000 units (the “Units”), including the issuance of 3,750,000 Units as a result of the underwriters’ exercise of their over-allotment option in full. Each Unit consists of one Class A ordinary share of the Company (the “Public Shares”), par value $0.0001 per share (the “Class A Ordinary Shares”), and one-third of one redeemable warrant. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $287,500,000.

 

In connection with the IPO, the Company entered into the following agreements, forms of which were previously filed as exhibits to the Company’s Registration Statement on Form S-1 (File No. 333-298162) for the IPO, initially filed with the U.S. Securities and Exchange Commission (the “Commission”) on August 10, 2026, as amended (the “Registration Statement”):

 

An Underwriting Agreement, dated August 27, 2026, by and between the Company and Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC, as representative of the underwriters (the “Representative”), a copy of which is attached as Exhibit 1.1 hereto and is incorporated herein by reference.

 

A Warrant Agreement, dated August 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, a copy of which is attached as Exhibit 4.1 hereto and is incorporated herein by reference.

 

A Letter Agreement, dated August 27, 2026, by and among the Company, its executive officers, its directors, and the Company’s sponsor, Inflection Point Holdings VIII LLC (the “Sponsor”), a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

 

An Investment Management Trust Agreement, dated August 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee, a copy of which is attached as Exhibit 10.2 hereto and is incorporated herein by reference.

 

A Registration Rights Agreement, dated August 27, 2026, by and among the Company, the Sponsor and the Holders signatory thereto, a copy of which is attached as Exhibit 10.3 hereto and is incorporated herein by reference.

 

  A Private Placement Warrants Purchase Agreement, dated August 27, 2026, by and between the Company and the Sponsor (the “Sponsor Private Placement Warrants Purchase Agreement”), a copy of which is attached as Exhibit 10.4 hereto and is incorporated herein by reference.
     
  A Private Placement Warrants Purchase Agreement, dated August 27, 2026, by and between the Company and the Representative (the “Representative Private Placement Warrants Purchase Agreement” and together with the Sponsor Private Placement Warrants Purchase Agreement, the “Private Placement Warrants Purchase Agreements”), a copy of which is attached as Exhibit 10.5 hereto and is incorporated herein by reference.
     
  Indemnity Agreements, dated August 27, 2026, by and between the Company and each director and executive officer (each, an “Indemnity Agreement”), a copy of the form of which is attached as Exhibit 10.6 hereto and incorporated herein by reference.

 

 

A Services and Indemnification Agreement, dated August 27, 2026, by and among the Company, the Sponsor and Inflection Point Asset Management LLC, a copy of which is attached as Exhibit 10.7 hereto and is incorporated herein by reference.

 

The material terms of such agreements are fully described in the Company’s final prospectus, dated August 27, 2026 as filed with the Commission on August 31, 2026 (the “Prospectus”) and are incorporated herein by reference.

 

1

 

 

Item 3.02. Unregistered Sales of Equity Securities.

 

On August 31, 2026, simultaneously with the closing of the IPO, pursuant to the Private Placement Warrants Purchase Agreements, the Company completed the private sale of an aggregate of 8,000,000 private placement warrants (the “Private Placement Warrants”) to the Sponsor and Representative at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8,000,000. Of the 8,000,000 Private Placement Warrants, the Sponsor purchased 5,000,000 Private Placement Warrants and the Representative purchased 3,000,000 Private Placement Warrants. The Private Placement Warrants are identical to the warrants sold in the IPO, except that, for so long as the Private Placement Warrants are held by the Sponsor, Representative or their permitted transferees, the Private Placement Warrants (i) may not (including the Class A Ordinary Shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the Company’s initial business combination, (ii) will be entitled to registration rights and (iii) with respect to private placement warrants held by Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC and/or its designees, will not be exercisable more than five years from the commencement of sales in this offering in accordance with FINRA Rule 5110(g)(8). The Private Placement Warrants will be worthless if the Company does not complete an initial business combination. The material terms of the Private Placement Warrants are fully described in the Prospectus and are incorporated herein by reference. No underwriting discounts or commissions were paid with respect to the sale of the Private Placement Warrants. The issuance of the Private Placement Warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 27, 2026, in connection with the IPO, Steven Tannenbaum, William J. Liquori and William Denkin were appointed to the board of directors of the Company (the “Board”). Mr. Tannenbaum, Lieutenant General Liquori and Mr. Denkin are independent directors. Effective August 27, 2026, Mr. Tannenbaum, Lieutenant General Liquori and Mr. Denkin were appointed to the Board’s Audit Committee, with Mr. Denkin serving as chair of the Audit Committee, and Mr. Tannenbaum, Lieutenant General Liquori and Mr. Denkin were appointed to the Board’s Compensation Committee, with Mr. Tannenbaum serving as chair of the Compensation Committee.

 

Following the appointment of Mr. Tannenbaum, Lieutenant General Liquori and Mr. Denkin, the Board is comprised of three classes. The term of office of the first class of directors, which consists of William Denkin, will expire at the Company’s first annual general meeting. The term of office of the second class of directors, which consists of Steven Tannenbaum and William J. Liquori, will expire at the second annual general meeting. The term of office of the third class of directors, which consists of Michael Blitzer, will expire at the third annual general meeting.

 

On August 27, 2026, in connection with their appointments to the Board, each of the members of the Board entered into the Letter Agreement, as well as an Indemnity Agreement with the Company.

 

Other than the foregoing, none of the directors are party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

 

The foregoing descriptions of the Letter Agreement and the form of indemnity agreement do not purport to be complete and are qualified in their entireties by reference to the Letter Agreement and form of Indemnity Agreement, copies of which are attached as Exhibit 10.1 and 10.6 hereto, respectively, and are incorporated herein by reference.

 

Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year.

 

On August 27, 2026, in connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association (the “Amended Charter”), effective the same day. The terms of the Amended Charter are set forth in the Registration Statement and are incorporated herein by reference. The description of the Amended Charter does not purport to be complete and is qualified in its entirety by reference to the Amended Charter, a copy of which is attached as Exhibit 3.1 hereto and incorporated herein by reference.

 

2

 

 

Item 8.01. Other Events.

 

A total of $287,500,000 of the net proceeds from the IPO (which amount includes up to $13,687,500 of the underwriters’ deferred discount) and the sale of the Private Placement Warrants, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. Except with respect to interest earned on the funds held in the trust account that may be withdrawn to fund the Company’s working capital requirements, subject to an annual limit of $1,000,000 (plus the rollover of unused amounts from prior years), and/or to pay for the Company’s taxes (any withdrawals to pay for its taxes (which shall exclude any 1% U.S. federal excise tax on stock repurchases under the Inflation Reduction Act of 2022 that is imposed on the Company, if any) shall not be subject to the $1,000,000 annual limitation described in the foregoing)), the proceeds from this IPO and the sale of the Private Placement Warrants deposited into the trust account will not be released from the trust account until the earliest of (i) the completion of the Company’s initial business combination or an earlier redemption in connection with the commencement of the procedures to consummate the initial business combination if the Company determines it is desirable to facilitate the completion of the initial business combination, (ii) the redemption of its Public Shares if the Company is unable to complete its initial business combination within the completion window, subject to applicable law, or (iii) the redemption of its Public Shares properly submitted in connection with an amendment of the Amended Charter to (A) modify the substance or timing of its obligation to allow redemption in connection with its initial business combination or to redeem 100% of its Public Shares if it has not consummated an initial business combination within the completion window or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination activity.

 

On August 27, 2026, the Company issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

On August 31, 2026, the Company issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

EXHIBIT INDEX

 

Exhibit No.   Description
1.1   Underwriting Agreement, dated August 27, 2026, by and between the Company and Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC, as representative of the underwriters.
3.1   Amended and Restated Memorandum and Articles of Association.
4.1   Warrant Agreement, dated August 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent.
10.1   Letter Agreement, dated August 27, 2026, by and among the Company, its executive officers, its directors, and Inflection Point Holdings VIII LLC.
10.2   Investment Management Trust Agreement, dated August 27, 2026, by and between the Company and Continental Stock Transfer & Trust Company, as trustee.
10.3   Registration Rights Agreement, dated August 27, 2026, by and among the Company, Inflection Point Holdings VIII LLC and the Holders signatory thereto.
10.4   Private Placement Warrants Purchase Agreement, dated August 27, 2026, by and between the Company and Inflection Point Holdings VIII LLC.
10.5   Private Placement Warrants Purchase Agreement, dated August 27, 2026, by and between the Company and Cohen and Company Capital Markets, a division of Cohen & Company Securities, LLC.
10.6   Form of Indemnity Agreement.
10.7   Services and Indemnification Agreement, dated August 27, 2026, by and between the Company, Inflection Point Holdings VIII LLC and Inflection Point Asset Management LLC.
99.1   Press Release, dated August 27, 2026.
99.2   Press Release, dated August 31, 2026.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

3

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INFLECTION POINT ACQUISITION CORP. VIII
     
  By:  /s/ Kevin Shannon 
    Name:  Kevin Shannon
    Title: Chief Executive Officer
     
Dated: September 2, 2026    

 

4

 

Exhibit 99.1

 

Inflection Point Acquisition Corp. VIII Announces Pricing of $250 Million Initial Public Offering

 

Miami Beach, FL, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Inflection Point Acquisition Corp. VIII (the “Company”), a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, today announced the pricing of its initial public offering of 25,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Global Market, or Nasdaq, and trade under the ticker symbol “IPHXU” beginning August 28, 2026. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share (subject to adjustment pursuant to certain anti-dilution rights). Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “IPHX” and “IPHXW,” respectively.

 

The Company intends to pursue a business combination with a North American or European business in disruptive growth sectors, which complements the expertise of its management team, but may pursue an initial business combination in any industry, sector or geographic region. The Company is led by Chairman Michael Blitzer, Chief Executive Officer Kevin Shannon, Chief Financial Officer Adam Saks, and Directors William Denkin, Steven Tannenbaum, and William Liquori.

 

The offering is expected to close on August 31, 2026, subject to customary closing conditions.

 

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, is acting as sole book-running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 3,750,000 units to cover over-allotments, if any.

 

A registration statement on Form S-1 (File No. 333-298162), as amended, relating to the securities was declared effective by the Securities and Exchange Commission (“SEC”) on August 27, 2026. The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com or by accessing the SEC’s website, www.sec.gov. 

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Forward-Looking Statements

 

This press release contains statements that constitute "forward-looking statements," including with respect to the expected closing of the proposed initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

About Inflection Point Acquisition Corp. VIII

 

Inflection Point Acquisition Corp. VIII’s acquisition and value creation strategy is to identify, partner with and help grow a North American or European business in disruptive growth sectors, which complements the expertise of its management team. However, the Company may pursue an initial business combination in any industry, sector or geographic region.

 

Contact

 

Kevin Shannon
Inflection Point Acquisition Corp. VIII
info@inflectionpointacquisition.com 

 

Exhibit 99.2

 

Inflection Point Acquisition Corp. VIII Announces Closing of $287.5 Million Initial Public Offering

 

Miami Beach, FL, Aug. 31, 2026 (GLOBE NEWSWIRE) -- Inflection Point Acquisition Corp. VIII (the “Company”), a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 28,750,000 units, which includes 3,750,000 units issued pursuant to the full exercise by the underwriters of their overallotment option at a price of $10.00 per unit, resulting in gross proceeds of $287,500,000. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. The units are listed on The Nasdaq Global Market, or Nasdaq, and began trading under the ticker symbol “IPHXU” on August 28, 2026. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “IPHX” and “IPHXW,” respectively.

 

Concurrently with the closing of the initial public offering, the Company closed on a private placement of 8,000,000 private placement warrants at a price of $1.00 per warrant, resulting in gross proceeds of $8,000,000. Inflection Point Holdings VIII LLC, the Company’s sponsor, purchased 5,000,000 of the private placement warrants and Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, the representative of the underwriters of the initial public offering, purchased 3,000,000 of the warrants. Each private placement warrant entitles the holder thereof to purchase one Class A ordinary share at $11.50 per share.

 

The Company intends to pursue a business combination with a North American or European business in disruptive growth sectors, which complements the expertise of its management team, but may pursue an initial business combination in any industry, sector or geographic region. The Company is led by Chairman Michael Blitzer, Chief Executive Officer Kevin Shannon, Chief Financial Officer Adam Saks, and Directors William Denkin, Steven Tannenbaum, and William Liquori.

 

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC acted as sole book-running manager and Academy Securities, Inc. acted as co-manager for the offering. The Company had granted the underwriters a 45-day option to purchase up to an additional 3,750,000 units to cover over-allotments, if any. Concurrently with the closing of the initial public offering, the underwriters exercised the option to purchase an additional 3,750,000 units in full.

 

A registration statement on Form S-1 (File No. 333-298162), as amended, relating to the securities was declared effective by the Securities and Exchange Commission (“SEC”) on August 27, 2026. The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from: Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com or by accessing the SEC’s website, www.sec.gov.

 

Of the net proceeds received from the consummation of the initial public offering and simultaneous private placement, $287,500,000 ($10.00 per unit sold in the public offering) was placed in trust. An audited balance sheet of the Company as of August 31, 2026 reflecting receipt of the proceeds upon consummation of the initial public offering and the private placement will be included as an exhibit to a Current Report on Form 8-K to be filed by the Company with the SEC.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Forward-Looking Statements

 

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds of the initial public offering and simultaneous private placement. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

About Inflection Point Acquisition Corp. VIII

 

Inflection Point Acquisition Corp. VIII’s acquisition and value creation strategy is to identify, partner with and help grow a North American or European business in disruptive growth sectors, which complements the expertise of its management team. However, the Company may pursue an initial business combination in any industry, sector or geographic region.

 

Contact

 

Kevin Shannon
Inflection Point Acquisition Corp. VIII
info@inflectionpointacquisition.com

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