Glazer Capital LLC Sells 2,768 Shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Glazer Capital LLC decreased its position in shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX) by 0.6% in the third quarter, Holdings Channel reports. The fund owned 471,493 shares of the company’s stock after selling 2,768 shares during the period. Glazer Capital LLC’s holdings in Inflection Point Acquisition Corp. II were worth $5,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Cowen AND Company LLC boosted its position in shares of Inflection Point Acquisition Corp. II by 55.2% in the second quarter. Cowen AND Company LLC now owns 405,958 shares of the company’s stock valued at $4,303,000 after acquiring an additional 144,367 shares during the period. Wolverine Asset Management LLC raised its stake in Inflection Point Acquisition Corp. II by 20,059.0% during the 2nd 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. Shaolin Capital Management LLC acquired a new position in Inflection Point Acquisition Corp. II during the 2nd quarter valued at $6,229,000. Berkley W R Corp boosted its holdings in 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 valued at $11,614,000 after purchasing an additional 946,805 shares during the period. Finally, Picton Mahoney Asset Management grew its position in Inflection Point Acquisition Corp. II by 28.6% in the 2nd 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.

Inflection Point Acquisition Corp. II Stock Performance

NASDAQ:IPXX opened at $10.82 on Friday. The firm’s 50-day moving average is $10.78 and its 200-day moving average is $10.68. Inflection Point Acquisition Corp. II has a 52-week low of $10.27 and a 52-week 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.