| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Formation costs paid via advance from related party | - | 0 |
| Formation costs paid by sponsor in exchange for issuance of class b ordinary shares | - | 0 |
| Net loss | -1,388,538 | -1,297,717 |
| Dividend earned on marketable securities held in trust account | 4,513,958 | 1,831,762 |
| Compensation expense | 2,581,854 | 2,581,854 |
| Adjustment to accrued offering costs | 5,000 | - |
| Prepaid expenses and other current assets | 206,601 | 240,384 |
| Long term prepaid insurance | 95,471 | 137,385 |
| Accrued expenses | 248,350 | 130,814 |
| Deferred legal fee | -2,352,109 | -66,652 |
| Net cash used in operating activities | -1,027,255 | -727,928 |
| Investment of cash in trust account | 253,000,000 | 253,000,000 |
| Net cash used in investing activities | -253,000,000 | -253,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 248,600,000 | 248,600,000 |
| Proceeds from sale of private placement units | 7,400,000 | 7,400,000 |
| Proceeds from promissory note related party | 45,875 | 45,875 |
| Repayment of promissory note related party | 184,282 | 184,282 |
| Advances from related party | 60,307 | - |
| Payment of offering costs | 624,199 | 624,199 |
| Net cash provided by financing activities | 255,297,701 | 255,237,394 |
| Net change in cash | 1,270,446 | 1,509,466 |
| Cash and cash equivalents at beginning of period | 0 | - |
| Cash and cash equivalents at end of period | 1,270,446 | - |
Inflection Point Acquisition Corp. III (IPCX)
Inflection Point Acquisition Corp. III (IPCX)