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Inflection Point Acquisition Corp. II (IPXX)

Company Profile

Company profile

Ticker

IPXX, IPXXU

Exchange

CEO

Mr. Michael Blitzer

Incorporated

Location

Fiscal year end

Industry (SIC)

Vale • Freeport-McMoRan • Southern Copper • Turquoise Hill Resources • Cleveland-Cliffs • Vector • AssetMark Financial • General Moly • MAC Copper • MP Materials ...

Former names

Inflection Point Acquisition Corp. II

SEC CIK

Corporate docs

Underwriting Agreements

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

981720278

IPXX stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

View all

Report of Independent Registered Public Accounting Firm

Material Modifications to Rights of Security Holders

Departure of Directors or Certain Officers

Entry into a Material Definitive Agreement

Submission of Matters to a Vote of Security Holders

Business combination disclosure

Prospectus supplement

Notice of effectiveness

Business combination disclosure

Latest ownership filings

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Harraden Circle Investments, LLC

David Thomas Kronenfeld

Mordechai Zev Gutnick

MICHAEL BLITZER

Stephen James Ridge

David Thomas Kronenfeld

Michael F Senft

Financial summary

Financial statements Chart IPXX financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

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	92.96 k	3.63 mm	1.43 mm	n/a	n/a
Cash remaining	n/a	48.24 k	-3.49 mm	-1.29 mm	n/a	n/a
Runway (months of cash)	n/a	2.9	-5.5	-5.1	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. PFD 1/1000 C	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. PFD 1/1000 C	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 Corporation 4.125%	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.

News

From Benzinga Pro

USA Rare Earth and Inflection Point Acquisition Corp. II Announce Closing Of Business Combination And Upsized PIPE Funding By Additional $8M; On March 14, 2025, USAREs Common Stock And Public Warrants Will Begin Trading On The Nasdaq Under The Ticker Symbol "USAR"

USA Rare Earth, Inc. ("USARE" or the "Company"), a company building out a domestic rare earth magnet supply chain that includes the mining and processing of heavy rare earths and other critical minerals, today announced

Press releases

From Benzinga Pro

USA Rare Earth and Inflection Point Acquisition Corp. II Announce Closing of Business Combination and Upsized PIPE Funding

STILLWATER, Okla., March 13, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, Inc. ("USARE" or the "Company"), a company building out a domestic rare earth magnet supply chain that includes the mining and processing of heavy

USA Rare Earth to Present at the 37th Annual Roth Conference

WHEAT RIDGE, Colo., March 06, 2025 (GLOBE NEWSWIRE) -- USA Rare Earth, LLC ("USARE" or the "Company"), a company building out a vertically integrated, domestic rare earth element magnet production supply chain that

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

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

USA Rare Earth Achieves Breakthrough in Domestic Rare Earth Production

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