NEW
YORK, Aug. 12, 2024 /PRNewswire/ -- Cantor
Equity Partners, Inc. (Nasdaq: CEP, the "Company") announced today
that it priced its initial public offering of 10,000,000 Class A
ordinary shares at $10.00 per share.
The shares are expected to be listed on the Nasdaq Global Market
("Nasdaq") and trade under the symbol "CEP" beginning Tuesday, August 13, 2024.
The underwriters have been granted a 45-day option to purchase
up to an additional 1,500,000 shares offered by the Company to
cover over-allotments, if any.
The offering is expected to close on Wednesday, August 14, 2024, subject to customary
closing conditions.
Cantor Fitzgerald & Co. is acting as the sole book running
manager for the offering.
About Cantor Equity Partners, Inc.
Cantor Equity Partners, Inc. is a newly organized blank
check company sponsored by Cantor Fitzgerald and led by Chairman
and Chief Executive Officer Howard W.
Lutnick. Cantor Equity Partners, 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.
A registration statement relating to these securities was
declared effective by the Securities and Exchange Commission on
August 12, 2024. The offering is
being made only by means of a prospectus, copies of which may be
obtained by contacting Cantor Fitzgerald & Co., Attention:
Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email:
prospectus@cantor.com. Copies of the registration statement can be
accessed through the SEC's website at www.sec.gov.
This 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 in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering and use of proceeds of the offering, are
subject to risks and uncertainties including those set forth in the
Risk Factors section of the Company's registration statement for
the offering filed with the SEC, which could cause actual results
to differ from the forward-looking statements. The Company
expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based.
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SOURCE Cantor Fitzgerald, L.P.