http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Mon, 13 Jul 2026 08:53:18 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+PT+Change/Merlin+Labs+%28MRLN%29+PT+Lowered+to+%248+at+TD+Cowen/26760483.html TD Cowen analyst Gautam Khanna lowered the price target on Merlin Labs (NASDAQ: MRLN) to $8.00 (from $11.00) while maintaining a rating. http://www.streetinsider.com/Analyst+PT+Change/Merlin+Labs+%28MRLN%29+PT+Lowered+to+%248+at+TD+Cowen/26760483.html Mon, 13 Jul 2026 08:53:18 -0400 MRLN http://www.streetinsider.com/Analyst+Comments/Merlin+Labs+%28MRLN%29+Reiterated+at+Overweight+by+Cantor+Fitzgerald+on+Defense+Programs/26759931.html <p>Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $11.00 price target on Merlin Labs (NASDAQ: MRLN).</p><p>The analyst commented, "MRLN recently became the first company to receive an approved certification basis from the CAANZ (in a joint project with the FAA) for its autonomous flight system. As such, we believe Merlin is a first mover in pursuing certifiable, takeoff-to-touchdown autonomy for both legacy and next-generation aircraft. Additionally, we believe Merlin’s commercialization path is de-risked by its defense programs (led by a 5-year, $105M USSOCOM contract) that should provide funding and validation ahead of a broader commercial rollout. Finally, Merlin’s http://www.streetinsider.com/Analyst+Comments/Merlin+Labs+%28MRLN%29+Reiterated+at+Overweight+by+Cantor+Fitzgerald+on+Defense+Programs/26759931.html Mon, 13 Jul 2026 07:57:19 -0400 MRLN http://www.streetinsider.com/New+Coverage/Cantor+Fitzgerald+Starts+Merlin+Labs+%28MRLN%29+at+Overweight/26749616.html (Updated - July 9, 2026 6:36 AM EDT) <p>Cantor Fitzgerald analyst Andres Sheppard initiates coverage on Merlin Labs (NASDAQ: MRLN) with a Overweight rating, PT $11.00.</p><p>The analyst comments "We Initiate Coverage of Merlin, Inc. (“MRLN”) with an Overweight Rating and a 12-month PT of $11. MRLN is a US-based developer of takeoff-to-touchdown autonomy systems. Its "Merlin Pilot," is an aircraft agnostic, AI-powered autonomous flight system for both military and civil programs. We believe MRLN benefits from a first-mover advantage, military contracts that de-risk the certification path, and a large TAM opportunity supplemented by a pilot shortage."</p><p>For an analyst ratings summary and http://www.streetinsider.com/New+Coverage/Cantor+Fitzgerald+Starts+Merlin+Labs+%28MRLN%29+at+Overweight/26749616.html Thu, 09 Jul 2026 06:36:15 -0400 MRLN http://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald+Starts+Merlin+Labs+%28MRLN%29+at+Overweight/26749616.html (Updated - July 9, 2026 6:36 AM EDT) <p>Cantor Fitzgerald analyst Andres Sheppard initiates coverage on Merlin Labs (NASDAQ: MRLN) with a Overweight rating, PT $11.00.</p><p>The analyst comments "We Initiate Coverage of Merlin, Inc. (“MRLN”) with an Overweight Rating and a 12-month PT of $11. MRLN is a US-based developer of takeoff-to-touchdown autonomy systems. Its "Merlin Pilot," is an aircraft agnostic, AI-powered autonomous flight system for both military and civil programs. We believe MRLN benefits from a first-mover advantage, military contracts that de-risk the certification path, and a large TAM opportunity supplemented by a pilot shortage."</p><p>For an analyst ratings summary and http://www.streetinsider.com/Analyst+Comments/Cantor+Fitzgerald+Starts+Merlin+Labs+%28MRLN%29+at+Overweight/26749616.html Thu, 09 Jul 2026 06:36:15 -0400 MRLN http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/SPAC/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Corporate+News/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html <p>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 "ELRY."</p><p>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, http://www.streetinsider.com/Mergers+and+Acquisitions/Elroy+Air+to+go+public+via+SPAC+deal+at+%241B+enterprise+value/26694294.html Fri, 26 Jun 2026 06:00:46 -0400 CMII CMIIU COHN IPFXU IPXG LUNR MRLN USAR