Core Insights - AIR Global differentiates itself from other hookah producers and lifestyle inhalation brands through its investment in technology and digital innovation, as discussed by CEO Stuart Brazier during a fireside chat at the ICR Conference 2026 [1] Company Overview - AIR Global, launched in 1999 and headquartered in Dubai, is a leader in social inhalation with a presence in over 90 markets worldwide [3] - The company's portfolio includes Al Fakher, the leading hookah brand globally, Hookah.com, the top B2B e-commerce platform for hookah in North America, and OOKA, an innovative charcoal-free hookah device [3] - AIR's science program, in collaboration with independent accredited laboratories, focuses on developing products that blend tradition with modern technology to enhance user experience while minimizing harm [3] Business Combination - AIR is currently undergoing a business combination with SPAC Cantor Equity Partners III (Nasdaq: CAEP), expected to close in the first half of 2026, with a pro forma enterprise value of $1.749 billion [4]