Lawyer consultancy guides Inflection Point-led Special Purpose Acquisition Company in signing a US$419 million merger deal with A1R Water

In a significant move, Inflection Point Acquisition Corp. III (Nasdaq: IPCX) has entered into a definitive business combination agreement with A1R WATER, a global leader in atmospheric water generation. This marks the fourth Inflection Point-led SPAC for which White & Case has advised on a de-SPAC transaction.

The transaction, which values A1R WATER at a pro forma enterprise value of US$419 million, will enable A1R WATER to focus on the expansion of its A1R WATER USA business. The expansion includes a second US-based water plant and the launch of consumer and government services businesses.

White & Case LLP is providing legal advice to Inflection Point Acquisition Corp. III on the transaction. The specific individuals involved in advising Inflection Point Acquisition Corp. III on its merger with A1R WATER are not publicly disclosed. However, it is known that the firm's expertise spans across various service areas, including Capital Markets, Mergers & Acquisitions, Tax, North America, and United States.

Steven P. Amrein specializes in Capital Markets and Mergers & Acquisitions, US Public Company Advisory, while Christopher Hebert focuses on Mergers & Acquisitions, Private Capital, and Technology. Russell E. Deutsch is an expert in Capital Markets and Technology, and Olivia Danner specializes in Mergers & Acquisitions.

In addition to its work with Inflection Point Acquisition Corp. III, White & Case has also advised an Inflection Point-led SPAC (Bleichroeder Acquisition Corp. I, to be renamed Inflection Point Acquisition Corp IV) on a business combination agreement with Merlin Labs.

The transaction is not the first time White & Case has worked with A1R WATER. Jiawei Zheng, who specializes in Mergers & Acquisitions, Technology, Financial Institutions, Private Capital, and Artificial Intelligence (AI), and Gaia Pattyn, who focuses on Mergers & Acquisitions, Technology, and Energy Transition, were involved in advising A1R WATER on its initial public offering.

Catherine Hill, who specializes in Tax, and Adriana Zhan, who focuses on Tax and Mergers & Acquisitions, Technology, are also part of the White & Case team. David Dreier, an expert in Tax, Employment, Compensation & Benefits, Mergers & Acquisitions, Financial Restructuring and Insolvency, Technology, Financial Institutions, and Brandon Dubov, who specializes in Tax, Technology, and Life Sciences and Healthcare, round out the team.

Alice Parsons, who specializes in Tax and Mergers & Acquisitions, Private Capital, and Marta Zieba, who focuses on Mergers & Acquisitions, Technology, and Private Capital, are also contributing to the firm's efforts.

For more information about the transaction, please contact the local media contact. Upon closing of the business combination, the combined company will be named Air Water Ventures Limited. Jason Rocha, who specializes in Capital Markets, Energy, Mergers & Acquisitions, Technology, and Private Capital, and Susie Qu, who focuses on Capital Markets, will likely play key roles in the combined company's future endeavors.

Lawyer consultancy guides Inflection Point-led Special Purpose Acquisition Company in signing a US$419 million merger deal with A1R Water