BACQR

Inflection Point Acquisition Corp. IV Rights represent securities issued alongside common stock during the SPAC's initial public offering, granting holders contractual abilities to purchase additional common shares at predetermined prices under specific conditions. Each right typically allows purchasing fractional shares at nominal prices, with rights becoming exercisable upon business combination completion. Rights provide modest upside participation if Inflection Point IV successfully merges with attractive companies and stock appreciates, while limiting risk since rights cost minimally. Economic value depends on merger terms, post-combination performance, and specific exercise provisions. BACQR rights trade independently from common stock and warrants, allowing precise exposure construction. Rights have shorter windows than warrants and lower intrinsic value given fractional purchase terms, suiting sophisticated investors seeking targeted exposure.