AIR Completes SPAC Merger to List on Nasdaq as AIIR

Dubai, United Arab Emirates - AIR Limited (the Company), a prominent global player in the flavored shisha molasses and inhalation technology sector, has officially finalized its business combination with Cantor Equity Partners III (CAEP).

Following the shareholder approval on May 12, 2026, the company will transition to public trading under the new entity, AIR Global PLC. The ordinary shares are scheduled to commence trading on the Nasdaq Stock Market under the ticker symbol AIIR on May 18, 2026.

Transaction Highlights

• AIR Global PLC will debut on Nasdaq as a pure-play platform for hookah products.
• The company combines long-standing social inhalation traditions with modern technology-first product development.
• The board of directors features a diverse leadership team including CEO Stuart Brazier and members with backgrounds at British American Tobacco, Kingsway Capital, and Bank of Jordan.

The company, headquartered in Dubai and founded in 1999, maintains a presence in over 90 markets. Its portfolio includes brands such as Al Fakher, the e-commerce platform Hookah.com, and the charcoal-free device OOKA.