Wealthspring Capital LLC Invests $5.64 Million in Inflection Point Acquisition Corp. III $IPCXU

Wealthspring Capital LLC bought a new position in shares of Inflection Point Acquisition Corp. III (NASDAQ:IPCXU) during the second quarter, Holdings Channel reports. The fund bought 536,598 shares of the company’s stock, valued at approximately $5,637,000. Inflection Point Acquisition Corp. III accounts for 1.5% of Wealthspring Capital LLC’s investment portfolio, making the stock its 27th biggest position.

Inflection Point Acquisition Corp. III Stock Performance

Shares of Inflection Point Acquisition Corp. III stock opened at $10.55 on Wednesday. The stock’s fifty day moving average is $10.55. Inflection Point Acquisition Corp. III has a 12-month low of $10.07 and a 12-month high of $11.06.

About Inflection Point Acquisition Corp. III

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.