A1R WATER, a global leader in atmospheric water generation, is set to go public on the Nasdaq through a business combination with Inflection Point Acquisition Corp. III.
The proposed transaction values A1R WATER at a pro forma enterprise value of $419 million, including a fully committed PIPE investment of $63.5 million.
The transaction aims to expand A1R WATER's business in the USA with the launch of new services and a second water plant.
Proposed Transaction Value
A1R WATER is valued at $419 million in the proposed transaction.
PIPE Investment
The transaction includes a fully committed PIPE investment of $63.5 million, with $32.5 million funded at the signing of the Business Combination Agreement.
Partnerships and Investors
Strategic investments come from partners like Southern Glazer's Wine & Spirits and Tau Capital, anchored by the Royal Group of Abu Dhabi.
Business Expansion
Proceeds from the transaction will mainly focus on expanding A1R WATER's business in the USA, with plans for a second water plant and new services.
Technological Advancements
A1R WATER's technology offers a scalable solution in the air-to-water market, addressing the growing demand for fresh water globally.
- A1R WATER has positioned itself as a leader in the atmospheric water generation industry, aiming to address the increasing demand for drinkable water globally.
- The expansion into the US market and new services will further solidify A1R WATER's presence and offerings, catering to consumer, commercial, and industrial segments.
The partnership with Inflection Point Acquisition Corp. III marks a significant milestone for A1R WATER, propelling its growth and presence in the air-to-water market. The transaction highlights the company's commitment to innovation and sustainability in the water industry.