<SEC-DOCUMENT>0001213900-26-051183.txt : 20260504
<SEC-HEADER>0001213900-26-051183.hdr.sgml : 20260504
<ACCEPTANCE-DATETIME>20260504091741
ACCESSION NUMBER:		0001213900-26-051183
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260424
FILED AS OF DATE:		20260504
DATE AS OF CHANGE:		20260504

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Park Jae Hyun
		CENTRAL INDEX KEY:			0002114704
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-42614
		FILM NUMBER:		26934918

	MAIL ADDRESS:	
		STREET 1:		C/O 142 WEST 57TH STREET
		STREET 2:		11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Inflection Point Acquisition Corp. III
		CENTRAL INDEX KEY:			0002012318
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				981773732
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		167 MADISON AVE
		STREET 2:		SUITE 205 #1017
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		2124766908

	MAIL ADDRESS:	
		STREET 1:		167 MADISON AVE
		STREET 2:		SUITE 205 #1017
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-04-24</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0002012318</issuerCik>
        <issuerName>Inflection Point Acquisition Corp. III</issuerName>
        <issuerTradingSymbol>IPCX</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002114704</rptOwnerCik>
            <rptOwnerName>Park Jae Hyun</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerNonUSAddressFlag>false</rptOwnerNonUSAddressFlag>
            <rptOwnerStreet1>167 MADISON AVE STE 205 #1017</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10016</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>/s/ Jae Hyun Park</signatureName>
        <signatureDate>2026-05-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
