Merlin shares rise 124.74% in premarket after completing $200M business combination with Inflection Point Acquisition Corp. IV to accelerate AI-driven autonomous aviation system commercialization.

Merlin surged 124.74% in premarket trading after announcing a $200 million funding deal via its merger with Inflection Point Acquisition Corp. IV to accelerate commercialization of its AI-driven autonomous aviation system, Merlin Pilot. The aerospace and defense technology company, which develops AI autonomous flight operating systems for military and civilian aircraft, began trading on NASDAQ under the ticker MRLN on March 17, 2026, following the merger.