Inflection Point Acquisition closed its IPO of 30 million units at $10 per unit. Each consists of one share and one-half of a redeemable warrant.
Units list on the Nasdaq under IPAXU. Once the securities begin separate trading, shares and warrants are expected to list under IPAX and IPAXW.
The company intends to pursue a business combination with a North American or European business in the consumer and technology sectors. Read more.