- Inflection Point Acquisition Corp. III (IPCX) has entered a definitive agreement for a business combination with A1R WATER, an atmospheric water generation company, which will result in the combined entity, Air Water Ventures Limited, listing on Nasdaq under the symbol **"WATR"**.  **[2012318_0001213900-25-080145_ea025411001ex99-1_inflect3.htm:0]** 
- The transaction values A1R WATER at a pro forma enterprise value of **$419 million** and includes a **$63.5 million** PIPE investment, with **$32.5 million** already funded.  **[2012318_0001213900-25-080145_ea025411001ex99-1_inflect3.htm:0]** **[2012318_0001213900-25-080145_ea025411001ex99-1_inflect3.htm:1]** 
- A1R WATER's existing shareholders are expected to own approximately **62.6%** of the combined company, with the transaction anticipated to close by the **end of the first quarter of 2026**.  **[2012318_0001213900-25-080145_ea025411001ex99-1_inflect3.htm:1]** 
- A1R WATER projects **Total Revenue** of **$14.46 million** for the nine months ending September 30, 2025, and **$193.93 million** for the full year 2026, with a projected **Net Profit** of **$62.43 million** for 2026E.  **[2012318_0001213900-25-080145_ea025411001ex99-3_inflect3.htm:3]**