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.
At the SPAC of Dawn The faucet of new SPACs to market is fully open with two more new SPACs pricing overnight and Churchill X (NASDAQ:CCCXU) already fully over-allotted after its May 14 IPO. Of the two IPOs Wen Acquisition Corp (NASDAQ:WENNU) showed particular speed, having filed its initial S-1 just over two weeks ago...
Columbus Circle Capital Corp I (NASDAQ:CCCMU) announced the pricing of its upsized $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “CCCMU”, Friday, May 16, 2025. The new SPAC aims to conduct a broad search for a target with a team that has expertise in telecoms, media,...
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Axiom Intelligence Acquisition Corp. 1 (NYSE:AXINU) has filed for a $150 million SPAC that will look for opportunities among infrastructure targets in both the physical and digital spheres. The new SPAC is not overfunded and has one right to a 1/10 share in each unit with 24 months to initially complete a business combination. The...