IPCXU

These are units issued by Inflection Point Acquisition Corp. III, a special purpose acquisition company. Each unit typically consists of one share of common stock and a fraction of a warrant or right. Units trade together until the SPAC separates them into individual securities, usually shortly after the initial public offering. Investors often prefer units during the SPAC's initial offering as they provide combined exposure to equity and potential upside through warrants or rights.