Inflection Point Acquisition Corp. III Units
IPCXU
NASDAQ Global Select10.64
USD
- -
- -
CIK
0002012318
ISIN
KYG478751285
CUSIP
G47875102
Return %
Stock
S&P500
1Y
1.43
26.57
3Y
5.03
76.60
5Y
5.03
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael Blitzer
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 167 Madison Avenue, Suite 205 #1017 New York City NY United States of America 10016
- IPO Date
- Apr 25, 2025
- CIK
- 0002012318
- Similar Companies
- Business
- Inflection Point Acquisition Corp. III (Nasdaq: IPCXU) operates as a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses; it focuses primarily on North American and European targets in disruptive growth sectors, though it may pursue opportunities in any industry, sector, or geographic region. Incorporated on January 31, 2024, as a Cayman Islands exempted company and headquartered at 167 Madison Avenue, Suite 205 #1017, New York, NY 10016, the company has no current significant operations, employees, or revenue, relying instead on its IPO proceeds raised in April 2025 through the sale of 22 million units at $10.00 each, totaling $220 million, underwritten by Cantor Fitzgerald. Units consist of one Class A ordinary share and one right entitling the holder to one-tenth of one Class A ordinary share upon consummation of an initial business combination. In June 2025, the company announced the separate trading of its Class A ordinary shares and rights, commencing on or about June 16, 2025. Most recently, in August 2025, Inflection Point Acquisition Corp. III entered into a definitive US$419 million business combination agreement with A1RWATER, a global leader in atmospheric water generation technology; upon closing, the combined entity will be renamed Air Water Ventures Limited and list on Nasdaq under the ticker "WATR," with proceeds earmarked to accelerate A1RWATER's US operations growth. The SPAC is led by Chairman and CEO Michael Blitzer, founder and co-CEO of Kingstown Capital Management; CFO Peter Ondishin; and COO Kevin Shannon, leveraging their collective expertise in public and private investments across disruptive industries.