Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Shares Sold by Glazer Capital LLC

Glazer Capital LLC trimmed its stake in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 1.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 474,261 shares of the company’s stock after selling 7,620 shares during the quarter. Glazer Capital LLC owned approximately 1.52% of Inflection Point Acquisition Corp. II worth $5,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Karpus Management Inc. lifted its holdings in Inflection Point Acquisition Corp. II by 12.3% in the 4th quarter. Karpus Management Inc. now owns 1,134,300 shares of the company’s stock valued at $11,717,000 after purchasing an additional 124,200 shares in the last quarter. Picton Mahoney Asset Management boosted its holdings in shares of Inflection Point Acquisition Corp. II by 28.6% during the second quarter. Picton Mahoney Asset Management now owns 1,125,000 shares of the company’s stock worth $11,925,000 after purchasing an additional 250,000 shares during the last quarter. Berkley W R Corp grew its position in shares of Inflection Point Acquisition Corp. II by 636.0% in the second quarter. Berkley W R Corp now owns 1,095,681 shares of the company’s stock valued at $11,614,000 after purchasing an additional 946,805 shares during the period. Bulldog Investors LLP grew its position in shares of Inflection Point Acquisition Corp. II by 290.5% in the fourth quarter. Bulldog Investors LLP now owns 567,297 shares of the company’s stock valued at $5,860,000 after purchasing an additional 422,021 shares during the period. Finally, Wolverine Asset Management LLC increased its stake in Inflection Point Acquisition Corp. II by 20,059.0% in the second quarter. Wolverine Asset Management LLC now owns 462,850 shares of the company’s stock valued at $4,906,000 after purchasing an additional 460,554 shares during the last quarter.

Inflection Point Acquisition Corp. II Price Performance

Shares of NASDAQ:IPXX opened at $10.73 on Tuesday. The stock’s 50-day moving average price is $10.68 and its two-hundred day moving average price is $10.58. Inflection Point Acquisition Corp. II has a 12-month low of $10.19 and a 12-month high of $11.00.

Inflection Point Acquisition Corp. II 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.