SCHEDULE 13G 0002012321 XXXXXXXX LIVE Class A ordinary shares, par value $0.0001 per share 06/30/2025 0002012318 Inflection Point Acquisition Corp. III G47875102 167 Madison Avenue, Suite 205 #1017, New York, NY 10016 Rule 13d-1(d) Inflection Point Holdings III LLC DE 0.00 8933333.00 0.00 8933333.00 8933333.00 N 25.9 OO Limited liability company Inflection Point Asset Management LLC DE 0.00 8933333.00 0.00 8933333.00 8933333.00 N 25.9 OO Limited liability company Michael Blitzer X1 0.00 8933333.00 0.00 8933333.00 8933333.00 N 25.9 IN Inflection Point Acquisition Corp. III 167 Madison Avenue, Suite 205 #1017, New York, New York 10016 Inflection Point Holdings III LLC ("IPH"). Inflection Point Asset Management LLC ("IPAM"). Michael Blitzer ("Mr. Blitzer"). Each of such persons is referred to herein individually as a "Reporting Person" and collectively as the "Reporting Persons." This Schedule 13G is being filed pursuant to a Joint Filing Agreement, attached hereto as Exhibit 1. The principal business address of the Reporting Persons is as follows: 167 Madison Ave, Suite 205 #1017 New York, New York 10016 See the responses to Item 4 of the attached cover pages. Y See the response to row 9 of the cover page of each Reporting Person. IPH is the record holder of such shares. IPAM is the manager of IPH. Mr. Blitzer is the Chief Investment Officer of IPAM. Mr. Blitzer controls each of IPH and IPAM, including the exercise of voting and investment discretion over the securities of held by IPH. Each of IPAM and Mr. Blitzer disclaim any beneficial ownership of the securities held by IPH other than to the extent of any pecuniary interest he or it may have therein, directly or indirectly. Excludes 50,000 Class A ordinary shares issuable upon conversion of 500,000 rights, to receive one-tenth of one Class A ordinary share, subject to adjustment, upon the consummation of the Issuer's initial business combination, which are not deemed convertible within 60 days. See the response to row 11 of the cover page of each Reporting Person. Percentage ownership is based on an aggregate of 34,473,333 Class A ordinary shares, consisting of (i) 26,040,000 Class A ordinary shares outstanding as of August 14, 2025 as reported in the Issuer's Quarterly Report on Form 10-Q (File No. 001-42614) filed on August 14, 2025 plus (ii) 8,433,333 Class A ordinary shares issuable upon conversion of 8,433,333 Class B ordinary shares, par value $0.0001 per share, held by IPH. See the response to row 5 of the cover page of each Reporting Person. See the response to row 6 of the cover page of each Reporting Person, as well as the answer to Item 4(a). See the response to row 7 of the cover page of each Reporting Person. See the response to row 8 of the cover page of each Reporting Person, as well as the answer to Item 4(a). Y Y Y Y Y Y Exhibit 1 - Joint Filing Agreement, dated as of August 14, 2025, among the Reporting Persons. Inflection Point Holdings III LLC /s/ Michael Blitzer 08/14/2025 Inflection Point Asset Management LLC /s/ Michael Blitzer 08/14/2025 Michael Blitzer /s/ Michael Blitzer 08/14/2025