Shaolin Capital Management LLC Lowers Position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Shaolin Capital Management LLC trimmed its stake in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 31.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 400,000 shares of the company’s stock after selling 187,649 shares during the period. Shaolin Capital Management LLC owned approximately 1.28% of Inflection Point Acquisition Corp. II worth $4,300,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IPXX. Berkley W R Corp increased its holdings in shares of Inflection Point Acquisition Corp. II by 636.0% in the 2nd quarter. Berkley W R Corp now owns 1,095,681 shares of the company’s stock worth $11,614,000 after buying an additional 946,805 shares during the last quarter. Mizuho Securities USA LLC raised its position in Inflection Point Acquisition Corp. II by 42.4% during the third quarter. Mizuho Securities USA LLC now owns 2,000,100 shares of the company’s stock valued at $21,441,000 after purchasing an additional 595,250 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in Inflection Point Acquisition Corp. II by 111.7% during the third quarter. Wolverine Asset Management LLC now owns 979,917 shares of the company’s stock worth $10,534,000 after purchasing an additional 517,067 shares during the last quarter. Centiva Capital LP boosted its holdings in shares of Inflection Point Acquisition Corp. II by 153.9% in the 3rd quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock worth $6,816,000 after purchasing an additional 384,645 shares in the last quarter. Finally, Picton Mahoney Asset Management increased its position in shares of Inflection Point Acquisition Corp. II by 28.6% during the 2nd quarter. Picton Mahoney Asset Management now owns 1,125,000 shares of the company’s stock valued at $11,925,000 after purchasing an additional 250,000 shares during the last quarter.

Inflection Point Acquisition Corp. II Stock Performance

NASDAQ:IPXX opened at $13.86 on Wednesday. The business has a 50 day moving average of $10.93 and a 200 day moving average of $10.75. Inflection Point Acquisition Corp. II has a 1-year low of $10.30 and a 1-year high of $15.18.

About Inflection Point Acquisition Corp. II

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.