Key facts
- This page summarizes Inflection Point Holdings II LLC's Form 4 filing for Inflection Point Acquisition Corp. II (USAR).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 19 Nov 2024, 20:17.
Inflection Point Holdings II LLC - 18 Nov 2024 Form 4 Insider Report for Inflection Point Acquisition Corp. II (USAR)
- Reporting relationship
- Other*, 10%+ Owner
- Issuer ticker
- USAR
- Reported as of
- 18 Nov 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 19 Nov 2024, 20:17:06 UTC
- Prior SEC filing
- 30 May 2023
- Next SEC filing
- 14 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael Blitzer, Managing Member of Inflection Point Holdings II LLC
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Inflection Point Holdings II LLC filed Form 4 for Inflection Point Acquisition Corp. II (USAR) on 19 Nov 2024.
Change
- Previous filing in this sequence was filed on 30 May 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IPXX
transaction
Class A ordinary shares, par value $0.0001 per share
Options Exercise
- Transaction value
- Shares
- +6,200,000
- Change %
- Price
- Shares after
- 6,200,000
- Date
- 18 Nov 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
IPXX
transaction
Derivative
Class B ordinary shares, par value $0.0001 per share
Options Exercise
- Transaction value
- $0
- Shares
- -6,200,000
- Change %
- -99%
- Price
- $0.000000
- Shares after
- 50,000
- Date
- 18 Nov 2024
- Ownership
- Direct
- Underlying class
- Class A ordinary shares, par value $0.0001 per share
- Underlying amount
- 6,200,000
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Inflection Point Acquisition Corp. II's (the "Issuer") Class B ordinary shares are convertible for Inflection Point Class A ordinary shares as described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No.333-271128) and have no expiration date. On November 18, 2024, Inflection Point Holdings II LLC elected to convert 6,200,000 Class B ordinary shares into 6,200,000 Class A ordinary shares on a one-for-one basis for no consideration.
Footnote F2
Inflection Point Holdings II LLC is the record holder of such securities. Michael Blitzer is the sole Managing Member of Inflection Point Holdings II LLC and shares voting and investment discretion with respect to the securities held by Inflection Point Holdings II LLC.
Footnote F3
Michael Blitzer disclaims any beneficial ownership of the securities held by Inflection Point Holdings II LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
SEC remarks
Inflection Point Holdings II LLC may be deemed a director by deputization by virtue of its representation on the board of directors of the Issuer. Michael Blitzer is Chairman of the board of directors and Chief Executive Officer of the Issuer. See Exhibit 99.1 - Joint Filer Information, which is incorporated herein by reference and describes in further detail the relationships of the Reporting Persons to the Issuer.