Inflection Point Acquisition III swings to Q2 FY26 net income of $1.86 million
IPCX•Q2 FY26 results
- Inflection Point Acquisition Corp. III posted net income of $1.86 million for the quarter ended June 30, 2026.
- Profit swung from a net loss of $1.22 million a year earlier, on $2.33 million of trust-account dividends.
- Net income for the six months ended June 30, 2026 rose to $3.54 million from a net loss of $1.3 million.
Trust assets and Air Water deal terms
- Trust-account marketable securities totaled $263.4 million at June 30, 2026, with $761,627 of cash outside the trust.
- Air Water deal terms were amended to cut base consideration to $200 million, with earnout shares capped at 20,000,000.
