GlobeNewswire Inc. · Jul 12, 2023
Inflection Point Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about July 17, 2023
NEW YORK, July 12, 2023 (GLOBE NEWSWIRE) -- Inflection Point Acquisition Corp. II (Nasdaq: IPXXU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 25,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriters of their overallotment option, completed on May 30, 2023 (the “Offering”) may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about July 17, 2023. Any units not separated will continue to trade on The Nasdaq Global Market under the symbol “IPXXU”, and each of the Class A ordinary shares and warrants will separately trade on The Nasdaq Global Market under the symbols “IPXX” and “IPXXW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.
