# Inflection Point Acquisition Corp. III (IPCXU) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_9e0669ef8afce231792c · retrieved 2026-08-11T16:13:07.473Z

## Overview
Air Water Ventures develops atmospheric water generation technology that creates potable water directly from air using proprietary Alpha Airflow technology and purification systems; the company produces premium packaged water products and operates in consumer, commercial, industrial, and government markets across the Middle East and North America.

Inflection Point Acquisition Corp. III (a Cayman Islands SPAC) entered into a Business Combination Agreement on August 25, 2025, with Air Water Ventures Holdings Limited (the Company), Air Water Ventures Limited (PubCo), and IPCX Merger Sub Limited. The transaction involves two sequential mergers: first, Inflection Point merges into PubCo with PubCo as the surviving company; second, one business day later, the Company merges into Merger Sub, with Merger Sub continuing as a wholly owned subsidiary of PubCo. Following consummation, PubCo is expected to be listed on the Nasdaq Stock Market LLC. The filing also indicates that Inflection Point and the Company are contemplating raising additional funds through private placement transactions on substantially the same terms as the PIPE Investment.

## Terms
- Counterparty: Air Water Ventures Holdings Limited; Air Water Ventures Limited; IPCX Merger Sub Limited

## Key dates
- Announced 2026-01-13

## Timeline
- 2026-01-13 · 425 (0001213900-26-003627): 425 - Inflection Point Acquisition Corp. III — *Air Water Ventures develops atmospheric water generation technology that creates potable water directly from air using proprietary Alpha Airflow technology and purification systems; the company produces premium packaged water products and operates in consumer, commercial, industrial, and government markets across the Middle East and North America.* Inflection Point Acquisition Corp. III (a Cayman Islands SPAC) entered into a Business Combination Agreement on August 25, 2025, with Air Water Ventures Holdings Limited (the Company), Air Water Ventures Limited (PubCo), and IPCX Merger Sub Limited. The transaction involves two sequential mergers: first, Inflection Point merges into PubCo with PubCo as the surviving company; second, one business day later, the Company merges into Merger Sub, with Merger Sub continuing as a wholly owned subsidiary of PubCo. Following consummation, PubCo is expected to be listed on the Nasdaq Stock Market LLC. The filing also indicates that Inflection Point and the Company are contemplating raising additional funds through private placement transactions on substantially the same terms as the PIPE Investment.
  https://www.sec.gov/Archives/edgar/data/2012318/0001213900-26-003627.txt

## Citations
- 0001213900-26-003627 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026003627