Cantor Equity Partners I, Inc. and Bitcoin Standard Treasury Company Provide Update on Proposed Business Combination

About this update from Cantor Equity Partners I, Inc.

Parties to pursue a revised transaction structure; proposed business combination will not be completed on current terms; current private placements will not be required to close NEW YORK, July 08, 2026 --( BUSINESS WIRE )--Cantor Equity Partners I, Inc. (Nasdaq: CEPO) ("CEPO"), a special purpose acquisition company sponsored by an affiliate of Cantor Fitzgerald, today announced that CEPO and BSTR Holdings, Inc. ("BSTR") have agreed to work together on and are currently discussing a potential revised structure and amended terms for their previously announced proposed business combination. Such revised structure and amended terms for the proposed business combination are intended to better reflect current market conditions. The parties will not complete their proposed business combination on the terms initially set forth in the business combination agreement, dated July 16, 2025, by and among CEPO, BSTR, BSTR Newco, LLC ("Newco") and the other parties thereto (as amended, the "Business Combination Agreement" and such business combination, the "Business Combination"). In connection with the foregoing, the pending private placements in connection with the Business Combination pursuant to the existing subscription agreements among CEPO, BSTR, Newco and the investors party thereto, as applicable (the "Private Placement Investments"), will not be required to be consummated. The parties expect to provide further details in due course. The extraordinary general meeting of shareholders of CEPO currently scheduled for July 10, 2026 at 10:00 a.m., Eastern time, is indefinitely postponed. CEPO shareholders do not need to take any action at this time. Any CEPO public shares that have been submitted for redemption will be returned to shareholders and will not be redeemed. Any revised structure or amended terms of the Business Combination, if agreed among the parties thereto, are expected to be reflected in additional filings ("Additional Filings") with the U.S. Securities and Exchange Commission (the "SEC"), as required by applicable securities laws and regulations, in order to amend or supplement the Registration Statement on Form S-4 declared effective by the SEC on June 5, 2026 (the "Registration Statement") and the definitive proxy statement/prospectus filed with the SEC on June 5, 2026 (the "Proxy Statement/Prospectus"), in each case, in connection with the Business Combination. About Cantor Equity Partners I, Inc. Cantor Equity Partners I, Inc. (Nasdaq: CEPO) is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. CEPO is sponsored by an affiliate of Cantor Fitzgerald.

View stock analysis, news, and events for Cantor Equity Partners I, Inc.