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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <link>http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
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   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to go public via SPAC deal at $1B enterprise value</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html</link>
   <description>&lt;p&gt;Elroy Air, Inc., a developer of autonomous heavy-cargo drones, has agreed to merge with Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by Inflection Point Asset Management, in a deal that would take Elroy Air public on the Nasdaq under the ticker symbol &quot;ELRY.&quot;&lt;/p&gt;&lt;p&gt;The transaction values Elroy Air at $800 million pre-money, with a post-transaction enterprise value of approximately $1.0 billion. The deal includes more than $165 million in committed PIPE capital, with $65 million funded upon signing of the business combination agreement. The transaction is expected to close in the fourth quarter of 2026,</description>
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   <title>Elroy Air to Become Publicly Traded Company via Business Combination with Inflection Point-led SPAC</title>
   <link>http://www.streetinsider.com/Press+Releases/Elroy+Air+to+Become+Publicly+Traded+Company+via+Business+Combination+with+Inflection+Point-led+SPAC/26694290.html</link>
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&lt;ul class=&quot;bwlistdisc&quot;&gt;
&lt;li&gt;
&lt;i&gt;Elroy Air will be poised to scale its autonomous heavy-cargo drone for defense and commercial use as a publicly traded company upon closing and accelerate production to meet rising demand from both commercial and defense tech markets&lt;/i&gt;

&lt;/li&gt;
&lt;li&gt;
&lt;i&gt;Pre-money equity value of approximately $800 million and post-transaction enterprise value of approximately $1.0 billion&lt;/i&gt;

&lt;/li&gt;
&lt;li&gt;
&lt;i&gt;More than $165 million of committed PIPE capital, anchored by Inflection Point, existing Elroy Air investors and several new institutional investors&lt;/i&gt;

&lt;/li&gt;
&lt;li&gt;
&lt;i&gt;Company has 6+ years of active defense programs and a demand pipeline exceeding 1,400 aircraft and over $5 billion in potential estimated revenue opportunity from leading logistics and aviation</description>
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