DLA Piper Advises Cantor Fitzgerald on $253M IPO for Inflection Point Acquisition Corp. III.
DLA Piper has advised Cantor Fitzgerald & Co. as the sole book-running manager in the successful US$253 million initial public offering (IPO) of Inflection Point Acquisition Corp. III, a special purpose acquisition company (SPAC).
Inflection Point Acquisition Corp. III was formed with the goal of executing a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more companies.
“It was a pleasure to once again work with the Cantor team, and we are proud to showcase our leading capabilities and extensive experience in advising on SPAC transactions.” said Stephen P. Alicanti, DLA Piper partner who led the deal.
DLA Piper team was led by Alicanti (New York) and included Christine Lehr, of counsel (Raleigh), and Jordyn Giannone, associate (New York).
Cantor Fitzgerald, L.P., founded in 1945, is a global financial services firm headquartered in New York City with over 60 offices in 20+ countries and around 12,500 employees. The firm specializes in investment banking, capital markets, prime brokerage, asset management, and SPAC advisory. Howard Lutnick led the firm through major growth and its recovery after losing 658 employees on 9/11. In 2025, Lutnick became U.S. Secretary of Commerce, succeeded by his son Brandon Lutnick, with three co-CEOs. That same year, Cantor launched a $3.6B crypto venture, Twenty One Capital.
DLA Piper is a global law firm with a strong reputation for providing legal services across a broad spectrum of industries and sectors. With offices in more than 40 countries, the firm offers comprehensive legal solutions in areas such as corporate law, litigation, intellectual property, real estate, and regulatory matters. DLA Piper serves a diverse range of clients, including multinational corporations, governments, and individuals, delivering innovative and strategic advice. The firm is known for its collaborative approach, providing tailored legal expertise to address complex, cross-border issues while maintaining a commitment to exceptional client service.