Inflection Point II (IPXX) to Combine with USA Rare Earth in $870M Deal

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) has entered into a definitive agreement to combine with USA Rare Earth, LLC (USARE), a company building out a vertically integrated, domestic rare earth element (“REE”) magnet production supply chain. The transaction values USARE at a pro-forma enterprise value of $870 million and aims to position the company as
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