Wolverine Asset Management LLC increased its position in shares of Inflection Point Acquisition Corp. (NASDAQ:IPAXU – Get Rating) by 399.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,956 shares of the company's stock after acquiring an additional 7,963 shares during the quarter. Wolverine Asset Management LLC's holdings in Inflection Point Acquisition were worth $97,000 as of its most recent SEC filing.

Separately, Wealthspring Capital LLC raised its holdings in shares of Inflection Point Acquisition by 86.0% during the second quarter. Wealthspring Capital LLC now owns 270,275 shares of the company's stock valued at $2,630,000 after acquiring an additional 125,000 shares during the period.

Inflection Point Acquisition Price Performance

Shares of IPAXU opened at $10.02 on Wednesday. The company's 50 day moving average price is $9.90 and its 200 day moving average price is $9.83. Inflection Point Acquisition Corp. has a 52 week low of $9.71 and a 52 week high of $11.03.

About Inflection Point Acquisition

Inflection Point Acquisition Corp. 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 in the consumer and technology industries. The company was incorporated in 2021 and is based in New York, New York.

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