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Cantor Equity Partners II, Inc. Announces Closing of $240 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)-- Cantor Equity Partners II, Inc. (Nasdaq: CEPT) (the “Company”) announced today that it closed its initial public offering of
About this update from Cantor Equity Partners Ii, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nCantor Equity Partners II, Inc. (Nasdaq: CEPT) (the “Company”) announced today that it closed its initial public offering of 24,000,000 Class A ordinary shares at $10.00 per share, which was upsized. The shares began trading on the Nasdaq Global Market under the symbol “CEPT” on May 2, 2025.\n\nOf the proceeds received from the consummation of the initial public offering and a simultaneous private placement of shares, $240,000,000 was placed into the Company’s trust account. An audited balance sheet of the Company as of May 5, 2025, reflecting receipt of the proceeds from the consummation of the initial public offering and such private placement, will be included as an exhibit to a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.\n\nCantor Fitzgerald & Co. acted as the sole book-running manager for the offering.\n\nAbout Cantor Equity Partners II, Inc.\nCantor Equity Partners II, Inc. is a blank check company sponsored by Cantor Fitzgerald and led by Chairman and Chief Executive Officer Brandon Lutnick. Cantor Equity Partners II, Inc. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region, but the Company intends to focus on a target in an industry where it believes the Company’s management teams’ and affiliates’ expertise will provide the Company with a competitive advantage, including the financial services, healthcare, real estate services, technology and software industries.\n\nA registration statement relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on May 1, 2025. The offering has been made only by means of a prospectus, copies of which may be obtained by contacting Cantor Fitzgerald & Co., Attention: Capital Markets, 110 East 59th Street, 6th Floor New York, New York 10022; Email: [email protected]. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.\n\nThis press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities ...