Inflection Point Acquisition Corp. II’s (NASDAQ:IPXXU – Get Free Report) lock-up period will end on Tuesday, November 21st. Inflection Point Acquisition Corp. II had issued 22,000,000 shares in its IPO on May 25th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. After the end of Inflection Point Acquisition Corp. II’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Inflection Point Acquisition Corp. II Price Performance
IPXXU opened at $10.32 on Tuesday. The company has a 50-day simple moving average of $10.34. Inflection Point Acquisition Corp. II has a 12 month low of $10.05 and a 12 month high of $11.14.
Institutional Trading of Inflection Point Acquisition Corp. II
Institutional investors have recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II during the 2nd quarter worth about $109,000. Chanos & Co LP purchased a new stake in shares of Inflection Point Acquisition Corp. II during the 2nd quarter worth about $152,000. Robinson Capital Management LLC acquired a new position in Inflection Point Acquisition Corp. II during the 2nd quarter worth approximately $202,000. Sage Mountain Advisors LLC acquired a new position in Inflection Point Acquisition Corp. II during the 2nd quarter worth approximately $243,000. Finally, PenderFund Capital Management Ltd. acquired a new position in Inflection Point Acquisition Corp. II during the 2nd quarter worth approximately $335,000.
Inflection Point Acquisition Corp. II Company Profile
Inflection Point Acquisition Corp. II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in New York, New York.
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