Inflection Point Acquisition Corp. II’s acquisition and value creation strategy is to identify, partner with and help grow North American and European businesses in disruptive growth sectors, which complements the expertise of its management team.
Company profile
Ticker
IPXX, IPXXU
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
981720278
IPXX stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
7 Oct 24
PRE 14A
Preliminary proxy
25 Sep 24
425
Business combination disclosure
22 Aug 24
8-K
Entry into a Material Definitive Agreement
22 Aug 24
10-Q
2024 Q2
Quarterly report
14 Aug 24
8-K
Entry into a Material Definitive Agreement
14 Aug 24
10-Q
2024 Q1
Quarterly report
14 May 24
8-K
Entry into a Material Definitive Agreement
3 Apr 24
10-K
2023 FY
Annual report
2 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
Latest ownership filings
SC 13G/A
SPRING CREEK CAPITAL LLC
9 Aug 24
SC 13G/A
CITADEL ADVISORS LLC
14 Feb 24
SC 13G
HGC Investment Management Inc.
14 Feb 24
SC 13G
Polar Asset Management Partners Inc.
13 Feb 24
SC 13G
SPRING CREEK CAPITAL LLC
9 Feb 24
SC 13G
PERISCOPE CAPITAL INC.
9 Feb 24
SC 13G
Inflection Point Holdings II LLC
8 Feb 24
SC 13G/A
Wealthspring Capital LLC
8 Feb 24
SC 13G
Wealthspring Capital LLC
8 Dec 23
SC 13G
CITADEL ADVISORS LLC
9 Jun 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | |
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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) | 6.59 k | 6.59 k | 6.59 k | 6.59 k | 6.59 k | 6.59 k |
Cash burn (monthly) | 37.54 k | 44.93 k | 115.19 k | 127.47 k | (no burn) | (no burn) |
Cash used (since last report) | 142.50 k | 170.54 k | 437.23 k | 483.86 k | n/a | n/a |
Cash remaining | -135.91 k | -163.96 k | -430.64 k | -477.27 k | n/a | n/a |
Runway (months of cash) | -3.6 | -3.6 | -3.7 | -3.7 | n/a | n/a |
Institutional ownership, Q2 2024
74.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 45 |
Opened positions | 38 |
Closed positions | 3 |
Increased positions | 2 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 226.31 bn |
Total shares | 23.33 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Westchester Capital Management | 2.29 mm | $24.30 bn |
Mizuho Securities Usa | 1.40 mm | $14.85 bn |
Spring Creek Capital | 1.36 mm | $14.17 mm |
Schechter Investment Advisors | 1.25 mm | $13.24 bn |
Kim | 1.25 mm | $13.20 bn |
CNH Partners | 1.24 mm | $13.19 bn |
Vivaldi Asset Management | 1.20 mm | $12.75 bn |
WRB W. R. Berkley | 1.10 mm | $11.61 bn |
Aristeia Capital | 1.00 mm | $10.60 bn |
Linden Advisors | 1.00 mm | $10.60 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 May 23 | Inflection Point Holdings II | Class B Ordinary Shares Class A Ordinary Shares | Other | Dispose J | No | No | 0 | 75,000 | 0.00 | 6,250,000 |
Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BTTR, ARC, IPXX, SQSP on Behalf of Shareholders
5 Sep 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates IPXX, PWUP, DECA, TTNP on Behalf of Shareholders
4 Sep 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates IPXX, SHCR,K on Behalf of Shareholders
22 Aug 24
USA Rare Earth, a Domestic Rare Earth Mining & Magnet Company, to Become a Publicly Traded Company via Business Combination with Inflection Point Acquisition Corp. II
22 Aug 24