DLA Piper advises Cantor Equity Partners III, Inc. in business combination with AIR Limited

DLA Piper advised Cantor Equity Partners III, Inc., a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, in its entry into a business combination agreement with AIR Limited, a global provider of hookah and advanced inhalation technologies.

Upon closing, the transaction will result in the combined company, AIR Global Limited, becoming publicly listed in the United States with an enterprise value of US$1.749 billion.

The DLA Piper team included Partners Stephen Alicanti and Sidney Burke (both New York), and Associates Carina Meleca (New York), Nick Young (Phoenix), and Luke Postma (Seattle). Additional support was provided by DLA Piper Partners William Bartow, Jae Kim (both Philadelphia), Paolo Morante (New York), Julia Kovacs, Aurelie Ercoli (both Washington, DC), Victoria Richter (Chicago), and Sarah Tauman (San Francisco); Of Counsels Arlette Grabczynska (Chicago), Michael Madigan (New York), and Priya Narahari (Philadelphia); Senior Attorney Brittany Ellenberg (San Francisco); and Associates James Duchesne (Washington, DC), Jianyuan Hua (New York), Bianca LaCaille, Sarah Cooper (both Seattle), Irina Rudenko (Dallas), and Becca Xu (San Diego).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as number one in VC, PE, and M&A in combined global deal volume, according to PitchBook.

DLA Piper enables issuers and underwriters to execute complex securities transactions throughout the world. We offer tactical approaches to financings across equity and debt capital markets, alternative public offerings (de-SPACs, reverse mergers, and direct listings), and other transformative corporate transactions. Lawyers in our Corporate Governance practice act as outside corporate and securities counsel to a wide range of reporting companies by guiding clients through securities offerings and nuanced disclosure, governance, and compliance matters under SEC, Nasdaq, and NYSE rules and regulations. Boards of directors turn to us to navigate complex transactions, special investigations, and challenging risk oversight matters. Please visit Capital Markets and Public Company Advisory and Market Edge.