Shaolin Capital Management LLC Buys New Holdings in Inflection Point Acquisition Corp. II (NASDAQ:IPXX)

Shaolin Capital Management LLC purchased a new position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 587,649 shares of the company’s stock, valued at approximately $6,229,000. Shaolin Capital Management LLC owned about 1.88% of Inflection Point Acquisition Corp. II as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evercore Wealth Management LLC acquired a new position in shares of Inflection Point Acquisition Corp. II during the 4th quarter worth about $347,000. Condor Capital Management purchased a new position in Inflection Point Acquisition Corp. II in the fourth quarter valued at approximately $532,000. Virtu Financial LLC acquired a new stake in Inflection Point Acquisition Corp. II during the first quarter worth approximately $720,000. Maso Capital Partners Ltd acquired a new stake in Inflection Point Acquisition Corp. II during the first quarter worth approximately $1,047,000. Finally, Alberta Investment Management Corp purchased a new stake in shares of Inflection Point Acquisition Corp. II during the 4th quarter worth approximately $2,582,000.

Inflection Point Acquisition Corp. II Stock Up 0.1 %

NASDAQ IPXX opened at $10.74 on Friday. The firm’s fifty day moving average price is $10.69 and its 200 day moving average price is $10.58. Inflection Point Acquisition Corp. II has a 12 month low of $10.21 and a 12 month high of $11.00.

Inflection Point Acquisition Corp. II Company 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.