Inflection Point Acquisition Corp. V has amended an existing promissory note agreement with its sponsor, Inflection Point Fund I LP, increasing the aggregate principal amount to $700,000. The amendment reflects a recent $200,000 advance from the sponsor to the SPAC for working capital purposes. The promissory note remains non-interest bearing. The initial $500,000 is repayable only upon the closing of the SPAC's initial business combination, while the additional $200,000 is repayable upon the earlier of the business combination closing or the SPAC's liquidation. The note may not be prepaid by the SPAC.

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