AIR Limited and Cantor File F-4 Registration Statement
AIR Limited and Cantor Equity Partners III announced the filing of a Registration Statement on Form F-4 by the Company and AIR Holdings Limited with the U.S. Securities and Exchange Commission in connection with the previously announced proposed business combination. As the transaction progresses, AIR's business remains on a growth trajectory. For the year ending Dec. 31, 2025, AIR's revenue increased approximately 6% to $400M from $377M the previous year. For the same period, AIR's profit for the year was $47M and $34M for the years ending Dec. 31, 2025, and 2024, respectively. For the same period, AIR's adjusted EBITDA also improved 7% to $139M from $130M. On Nov. 7, AIR and CAEP, a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, announced that they entered into a definitive business combination agreement for a proposed business combination that, upon closing, will result in the combined company AIR Global becoming publicly listed on the Nasdaq in the United States under the ticker symbol "AIIR." The transaction is expected to be completed in the first half of 2026, subject to regulatory approvals and other customary conditions.
