--- title: "Inflection Point Acquisition V reports $0.00 revenue, $0.397M net income (10-K)" type: "News" locale: "en" url: "https://longbridge.com/en/news/280295213.md" description: "Inflection Point Acquisition V reported zero operating revenue for the year ended December 31, 2025, with a net income of $0.397 million from trust account interest. Operating activities incurred a loss of $2.717 million due to pre-combination costs. The company completed a sponsor transfer and management change, raised $86.25 million in an IPO, and signed a business combination agreement with GOWell entities, pending shareholder approval. The filing highlights ongoing SPAC activities and the focus on evaluating targets and advancing the merger." datetime: "2026-03-24T10:05:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280295213.md) - [en](https://longbridge.com/en/news/280295213.md) - [zh-HK](https://longbridge.com/zh-HK/news/280295213.md) --- # Inflection Point Acquisition V reports $0.00 revenue, $0.397M net income (10-K) Inflection Point Acquisition V reported zero operating revenue for the year ended December 31, 2025, and recorded net income of $0.397 million driven by interest earned on its trust account. The company's operating activities generated a loss of $2.717 million, reflecting pre-combination operating costs, while trust interest of $3.089 million offset those costs to produce positive net income per the filing. The filing outlines continued SPAC activities and a pending business combination under review by shareholders. **Financial Highlights** - **Revenue:** $0.000 million (no operating revenues prior to completion of an initial business combination) - **Operating Income:** -$2.717 million (operating costs of $2,717,289 for the year ended December 31, 2025) - **Net Income:** $0.397 million (comprised of $3.089 million interest income from the trust account offset by $2.717 million operating costs) - **Net Income Per Share:** (Not explicitly provided in the filing excerpts) **Business Highlights** - **Corporate transformation:** Completed a sponsor transfer and management change and rebranded to Inflection Point Acquisition V. - **SPAC formation and IPO:** Raised $86.25 million in an IPO with units listed under IPEX/IPEXU/IPEXR to pursue a business combination. - **Target transaction:** Signed a business combination agreement to merge with GOWell entities, subject to shareholder and closing approvals. - **Operational activity:** Prior to a completed business combination, activities were focused on evaluating targets, generating trust account interest, and advancing the proposed merger. Original SEC Filing: Inflection Point Acquisition Corp. V \[ IPEX \] - 10-K - Mar. 23, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [IPEX.US](https://longbridge.com/en/quote/IPEX.US.md) ## Related News & Research - [Inflection Point Acquisition V Increases Sponsor Promissory Note to $800,000 for Working Capital](https://longbridge.com/en/news/281660715.md) - [Cartesian Growth III Issues Sponsor Promissory Note Financing](https://longbridge.com/en/news/286827800.md) - [LIFT Completes Combination With Winsome Resources | LIFFF Stock News](https://longbridge.com/en/news/287205295.md) - [11:16 ETMore Runners, More Access: TIAA Joins Philadelphia Marathon Weekend as New Title Sponsor](https://longbridge.com/en/news/287244474.md) - [AIHA Announces Star Sponsors for AIHA Connect 2026 Conference](https://longbridge.com/en/news/286951314.md)