Announced
Synopsis
A1R Water, a company specializing in air-to-water solutions, agreed to go public via a SPAC with Inflection Point, a special purpose acquisition company, in a $419m deal. “A1R WATER has made incredible progress over the past few years, particularly in proving out our proprietary technology, asset mix and ability to scale. The vastness of the problem we are confronting is humbling. But A1R WATER sits at an inimitable flashpoint at the intersection of need, technological advancement, consumer non-durable demand and branding. Our partnership with Inflection Point provides not only crucial capital, but a true strategic partner with an enviable track record of success. We look forward to working alongside their team to make A1R WATER a household name – in both the consumer product and clean technology industries,” Peter Carr, A1R Water CEO.
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