Intuitive Machines, Inc. — Director's Dealing 2021

Oct 5, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Inflection Point Acquisition Corp. (IPAX)
CIK: 0001844452
Period of Report: 2021-09-24

Reporting Person: Kingstown 1740 Fund L.P. (Director, See Remarks)
Reporting Person: KINGSTOWN CAPITAL PARTNERS, LLC (Director, See Remarks)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Ordinary Shares	2900000	Direct

Footnotes

F1: The reported Class A ordinary shares represent 2,900,000 Class A ordinary shares underlying 2,900,000 of the Issuer's units, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant to purchase one Class A ordinary share for $11.50, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-253963), purchased by Kingstown 1740 Fund L.P. ("Kingstown 1740") on September 24, 2021 for $10.00 per unit in the Issuer's initial public offering.

F2: Kingstown 1740 is the record holder of the securities reported herein. Kingstown Capital Management L.P. ("KCM") is the investment manager of Kingstown 1740 and shares voting and investment discretion with respect to the securities reported herein. Kingstown Management GP LLC ("KMGP") is the general partner of KCM and shares voting and investment discretion with respect to the securities reported herein. Kingstown Capital Partners LLC ("KCP") is the general partner of Kingstown 1740. Michael Blitzer ("Mr. Blitzer") and Guy Shanon ("Mr. Shanon") are the Managing Members of KMGP and KCP and share voting and investment discretion with respect to the securities reported herein. Each of KCM, KMGP, KCP, Mr. Blitzer and Mr. Shanon disclaims any beneficial ownership of the securities held by Kingstown 1740 other than to the extent of any pecuniary interest it or he, as applicable, may have therein, directly or indirectly.