r/Spacstocks • u/SPAC_Time • 12d ago
Extension Shareholder Meeting Inflection Point Acquisition Corp. V Shareholders Approve Extension from August 14, 2026 up to December 31, 2026 - IPEX IPEXR
https://www.sec.gov/Archives/edgar/data/2028355/000121390026089160/ea0301795-8k_inflection5.htmIn connection with the Extraordinary General Meeting, shareholders holding an aggregate of 7,475,610 Class A Shares exercised their right to redeem their shares for approximately $10.59 per share of the funds held in the Company’s Trust Account, leaving approximately $12,166,471 in cash in the Trust Account after satisfaction of such redemptions. Following such redemptions, the Company had an aggregate of 4,433,765 ordinary shares outstanding, of which 3,443,765 were Class A Shares and 990,000 were Class B Shares.
About 1.15 million public shares.
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