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Inflection Point Acquisition II Priced, Nasdaq: IPXXU

Second blank check company formed by Kingstown Capital targeting disruptive growth sectors.

Industry: SPAC

Latest Trade: $10.51 +0.44 (+4.4%)

First Day Return: +0.7%

Return from IPO: +0.7%

Industry: SPAC

We are a blank check company. While we may pursue an initial business combination in any industry, sector or geographic region, we intend to focus our search initially on North American and European businesses in disruptive growth sectors, which complements the expertise of our management team. Our company will combine the abilities of a diverse and founder-friendly management team. We have assembled a management team with experience across both public and private markets with deep roots in our target markets. Our team combines decades of experience sourcing, researching, and investing in complex transactions that create value for shareholders. We have been formed as part of a long-term strategy to sponsor a series of special purpose acquisition companies (“SPACs”). We have a cohesive team that has worked together in the past and combines extensive transactional, valuation, capital allocation, and SPAC investing expertise. Our combined network for sourcing targets gives us access to companies backed by venture capital and private equity and other private companies, and public companies considering SPAC combinations via spinoffs. We are founder-friendly and seek to partner with a proven, exceptional management team that is already in place.
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IPO Data
IPO File Date 04/05/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.0
Deal Size ($mm) $220
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/24/2023
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 22.0
Deal Size ($mm) $220
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters New York, NY, United States
Founded 2023
Employees 2

Inflection Point Acquisition II (IPXXU) Performance