Aug 25 (Reuters) - Inflection Point Acquisition III Corp ( IPCX )

:

* A1R WATER, THE GROUNDBREAKING ATMOSPHERIC WATER GENERATION

COMPANY, TO GO PUBLIC ON NASDAQ THROUGH BUSINESS COMBINATION

WITH INFLECTION POINT ACQUISITION CORP. III

* INFLECTION POINT ACQUISITION III CORP ( IPCX ): PROPOSED

TRANSACTION

VALUES A1R WATER AT A PRO FORMA ENTERPRISE VALUE OF $419 MILLION

* INFLECTION POINT ACQUISITION III CORP ( IPCX ) - PROCEEDS TO FUND

A1R

WATER USA EXPANSION AND SECOND PLANT

* INFLECTION POINT ACQUISITION III CORP ( IPCX ) - COMBINED COMPANY

TO BE

NAMED AIR WATER VENTURES LIMITED

* INFLECTION POINT ACQUISITION III CORP ( IPCX ) - PIPE INVESTMENT OF

$63.5

MILLION INCLUDES $32.5 MILLION FUNDED AT SIGNING

* INFLECTION POINT ACQUISITION III CORP ( IPCX ) - A1R WATER

SHAREHOLDERS

TO OWN 62.6% OF PUBCO POST-DEAL

* INFLECTION POINT ACQUISITION III CORP ( IPCX ) - COMBINED CO TO

LIST ON

NASDAQ STOCK MARKET UNDER SYMBOL "WATR"

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