Air Water Ventures Ltd

F-4 filed

Air Water Ventures Ltd. is undergoing a business combination with Inflection Point Acquisition Corp. III, involving a two-step merger process. The transaction includes a $300 million purchase price for the Second Merger, PIPE investments totaling $83.5 million, and detailed share exchange terms. The filing outlines the merger structure, shareholder approvals, and the conversion of shares and warrants into PubCo securities.

DRS filed

Air Water Ventures Ltd filed a confidential Form F-4 registration statement for a business combination involving a merger with Inflection Point Acquisition Corp. III. The transaction includes two mergers: first, Inflection Point merging into PubCo (Air Water Ventures Limited), followed by Air Water merging into Merger Sub. The deal involves PIPE investments totaling ~$62.5M, with consideration for shareholders including PubCo shares, preferred shares, and warrants. The filing emphasizes confidentiality and notes the transaction remains subject to regulatory and shareholder approvals.