- CEO
- Michael Blitzer
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1345 Avenue of the Americas New York City NY United States of America 10105
- IPO Date
- Nov 1, 2024
- Business
- Inflection Point Acquisition Corp. IV Inflection Point Acquisition Corp. IV (NASDAQ:BACQ), formerly Bleichroeder Acquisition Corp. I, operates as a blank check company whose primary business is to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, focusing on technology, media, telecommunications and other technology-transformed sectors; it holds proceeds from its initial public offering in a trust account until a target is identified. Incorporated in 2024 as a Cayman Islands exempted company and based in New York, New York, the SPAC raised $250 million in its October 2024 IPO through units comprising Class A ordinary shares and public warrants exercisable at $11.50 per share. In August 2025, it entered a definitive business combination agreement with Merlin Labs, Inc., a developer of assured autonomous flight technology for defense customers, valuing Merlin at $800 million pre-money with committed PIPE proceeds initially over $125 million, subsequently upsized to more than $200 million including over $85 million pre-funded by November 2025; the transaction, unanimously approved by both boards, contemplates renaming to align with Inflection Point branding and is expected to close in early 2026 subject to shareholder approval, regulatory review and customary conditions, enabling Merlin to accelerate AI-powered autonomy stack development across military and civil aviation platforms for customers including GE Aerospace and Northrop Grumman, expand integrations, pursue acquisitions and hire talent while bolstering U.S. national security applications.