Cantor Equity Partners II, Inc. (NASDAQ:CEPT) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CEPT”, Friday, May 2, 2025.
The new SPAC intends to combine with a target in the financial services, healthcare, real estate services, technology, or software industries.
Cantor Equity Partners II, Inc.’s sponsor team is led by Chairman and Chief Executive Officer Brandon Lutnick and Chief Financial Officer Jane Novak. Danny H Salinas and Louis Zurita will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 35. This offering is expected to close on Monday, May 5, 2025.
Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Graubard Miller LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Transfer & Trust Company is acting as trustee.
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