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USA Rare Earth, Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Inflection Point Acquisition Corp. II, trading under the ticker IPXX, is a blank-check company sponsored by Inflection Point Capital Management that completed its initial public offering in 2022 targeting opportunities across diversified industries. The SPAC announced a business combination with USA Rare Earth, Inc. on August 22, 2024, bringing together a domestic rare earth mining and critical-minerals processing company with a public vehicle focused on strategic industrial opportunities. USA Rare Earth operates across the rare earth and magnet supply chain, an area of growing national interest. The transaction has since closed, making USA Rare Earth a publicly traded entity. Visit SpacDesk and sign up for full data, filings, and analytics on this deal and hundreds more SPAC transactions.

Announced
2024-08-22
Closed
2025-03-19
PIPE Raised
Industry
Other / Diversified

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
IPXXInflection Point Acquisition Corp. IIClosed2024-08-222025-03-19$250.0MInflection Point