SEC Form 4 · accession 0001213900-26-090136
Inflection Point Acquisition Corp. III · IPCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Michael Blitzer
Officer — See Remarks · Director · 10% Owner
Inflection Point Holdings III LLC
Director · 10% Owner · Other
Inflection Point Asset Management LLC
Director · 10% Owner · Other
Period of report
Aug 12, 2026
Accepted (ET)
Aug 14, 2026 · 4:28 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002012318
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Ordinary Shares, par value $0.0001 per shareF1,F2 | Aug 12, 2026 | A | 8,433,333 | — | A | 8,933,333 | D | |
| Class A Ordinary Shares, par value $0.0001 per shareF3,F2 | Aug 12, 2026 | A | 50,000 | — | A | 8,983,333 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Ordinary Shares, par value $0.0001 per shareF1,F2 | — | Aug 12, 2026 | M | 8,433,333 | D | — | — | Class A ordinary shares, par value $0.0001 per share | 8,433,333 | 0 | D |
| Rights to receive Class A ordinary sharesF3,F2 | — | Aug 12, 2026 | M | 500,000 | D | — | — | Class A Ordinary Shares, par value $0.0001 per share | 50,000 | 0 | D |
Explanation of responses
- F1In connection with the closing (the "Closing") of the business combination (the "Business Combination") between the Issuer and Air Water Ventures Holdings Limited, each of the Issuer's Class B ordinary shares converted into one Class A ordinary share as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-283427) (as amended).
- F2Inflection Point Holdings III LLC is the record holder of the securities reported herein. Inflection Point Asset Management LLC is the manager of Inflection Point Holdings III LLC and shares voting and investment discretion with respect to the securities held of record by Inflection Point Holdings III LLC. Michael Blitzer controls Inflection Point Asset Management LLC and shares voting and investment discretion with respect to the securities held of record by Inflection Point Holdings III LLC. Inflection Point Asset Management LLC and Michael Blitzer disclaim any beneficial ownership of the securities held by Inflection Point Holdings III LLC other than to the extent of any pecuniary interest it or he may have therein, directly or indirectly.
- F3In connection with the Closing of the Business Combination, the 500,000 rights held by Inflection Point Holdings III LLC, each entitling the holder to receive one-tenth (1/10) of on Class A ordinary share as part of the Closing, converted into 50,000 Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-283427) (as amended).
Remarks
Inflection Point Holdings III LLC and Inflection Point Asset Management LLC may be deemed directors by deputization by virtue of their representation on the board of directors of the Issuer. Michael Blitzer was a member of the board of directors of the Issuer until the Business Combination.