Inflection Point Acquisition Corp. II (IPXX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	141.20 k	141.20 k	141.20 k	141.20 k	141.20 k	141.20 k
Cash burn (monthly)	(no burn)	16.37 k	639.39 k	252.25 k	(no burn)	(no burn)
Cash used (since last report)	n/a	83.16 k	3.25 mm	1.28 mm	n/a	n/a
Cash remaining	n/a	58.04 k	-3.11 mm	-1.14 mm	n/a	n/a
Runway (months of cash)	n/a	3.5	-4.9	-4.5	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

IPXX institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	50	46	+8.7%
Opened positions	16	18	-11.1%
Closed positions	12	11	+9.1%
Increased positions	19	20	-5.0%
Reduced positions	6	4	+50.0%

13F shares	Current	Prev Q	Change
Total value	140.21 bn	226.37 bn	-38.1%
Total shares	31.47 mm	29.58 mm	+6.4%
Total puts	0.00	0.00
Total calls	125.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Inflection Point Holdings II	6.25 mm	$64.94 mm	0.0%
Cowen And	2.58 mm	$15.87 bn	+536.2%
Westchester Capital Management	2.47 mm	$26.63 mm	+7.6%
Mizuho Securities Usa	2.00 mm	$21.44 bn	+42.4%
Linden Advisors	1.75 mm	$10.91 bn	+75.0%
Schechter Investment Advisors	1.65 mm	$11.38 bn	+32.2%
Vivaldi Asset Management	1.46 mm	$15.65 bn	+21.0%
GS The Goldman Sachs Group, Inc.	1.40 mm	$15.15 mm	NEW
Aqr Capital Management	1.32 mm	$14.24 mm	NEW
Spring Creek Capital	1.25 mm	$13.27 mm	-8.6%

Largest transactions	Shares	Bought/sold	Change
Cowen And	2.58 mm	+2.18 mm	+536.2%
GS The Goldman Sachs Group, Inc.	1.40 mm	+1.40 mm	NEW
Aqr Capital Management	1.32 mm	+1.32 mm	NEW
Kim	0.00	-1.25 mm	EXIT
CNH Partners	0.00	-1.24 mm	EXIT
WRB W. R. Berkley	0.00	-1.10 mm	EXIT
Aristeia Capital	0.00	-1.00 mm	EXIT
D. E. Shaw & Co.	0.00	-763.82 k	EXIT
Linden Advisors	1.75 mm	+750.00 k	+75.0%
Polar Asset Management Partners	0.00	-700.00 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IPXX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
18 Nov 24	Inflection Point Holdings II	Class A ordinary shares, par value $0.0001 per share	Option exercise	Acquire M	No	No	0	6,200,000	0.00	6,200,000
18 Nov 24	Inflection Point Holdings II	Class B ordinary shares, par value $0.0001 per share Class A ordinary shares, par value $0.0001 per share	Option exercise	Dispose M	No	No	0	6,200,000	0.00	50,000

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

USA Rare Earth and Inflection Point Acquisition Corp. II Announce Upsized PIPE

4 Feb 25

Inflection Point Fund and other related investors, including Chairman Michael Blitzer, increase their PIPE investments by $15.25 million, bringing the total PIPE funded to over $40 million for the proposed transaction

USA Rare Earth to Host Investor & Analyst Webinar on February 12, 2025

29 Jan 25

WHEAT RIDGE, Colo., Jan. 29, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, LLC ("USARE" or the "Company"), a company building a domestic rare earth supply chain from mine to magnet, will host an Investor & Analyst

USA Rare Earth Achieves Breakthrough in Domestic Rare Earth Production

28 Jan 25

WHEAT RIDGE, Colo., Jan. 28, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth ("USARE" or the "Company"), a company building a domestic rare earth supply chain from mine to magnet, achieved a significant milestone in its Texas

USA Rare Earth Successfully Produces Its First Sintered Rare Earth Magnets

7 Jan 25

USA Rare Earth Appoints Joshua Ballard as Chief Executive Officer

17 Dec 24