Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Inflection Point Acquisition Corp. III (NASDAQ:IPCXU – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 300,000 shares of the company’s stock, valued at approximately $3,153,000.
Separately, MMCAP International Inc. SPC acquired a new stake in shares of Inflection Point Acquisition Corp. III in the 2nd quarter worth about $14,707,000.
Inflection Point Acquisition Corp. III Stock Down 0.4%
Shares of NASDAQ IPCXU opened at $10.51 on Thursday. Inflection Point Acquisition Corp. III has a fifty-two week low of $10.07 and a fifty-two week high of $11.06. The firm’s 50-day simple moving average is $10.57 and its 200 day simple moving average is $10.47.
Inflection Point Acquisition Corp. III Profile
We are a special purpose acquisition company incorporated on January 31, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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