Inflection Point Acquisition Corp II
For the period ended Dec 31, 2023. Filed Apr 2, 2024.
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FY2023 · Filed Apr 2, 2024
USAR$7.92-9.6%Stored close · as of Nov 10, 2026
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Balance Sheet
DECEMBER 31, 2023
| Assets: | |
|---|---|
| Current assets: | |
| Cash | $275,665 |
| Prepaid expenses | 18,390 |
| Prepaid insurance | 205,604 |
| Total Current Assets | 499,659 |
| Marketable securities held in Trust Account | 258,971,518 |
| Total Assets | $259,471,177 |
| Liabilities and Shareholders’ Deficit: | |
| Current liabilities: | |
| Accrued expenses | $234,985 |
| Accrued offering costs | 75,000 |
| Total Current Liabilities | 309,985 |
| Deferred underwriting fee payable | 13,100,000 |
| Total Liabilities | 13,409,985 |
| Commitments and Contingencies (Note 6) | |
| Class A ordinary shares subject to possible redemption, 25,000,000 issued and outstanding shares at redemption value of $10.36 per share | 258,971,518 |
| Shareholders’ Deficit | |
| Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | — |
| Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued and outstanding (excluding 25,000,000 shares subject to possible redemption) | — |
| Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 6,250,000 shares issued and outstanding | 625 |
| Additional paid-in capital | — |
| Accumulated deficit | (12,910,951) |
| Total Shareholders’ Deficit | (12,910,326) |
| Total Liabilities and Shareholders’ Deficit | $259,471,177 |
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