Cantor Equity Partners I, Inc. (NASDAQ:CEPO) announced the pricing of its $200 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CEPO”, Tuesday, January 7, 2025.
The new SPAC intends to take a generalist approach in searching for a business combination, but intend to focus on targets that have positive long-term growth prospects, competitive advantages and consolidation opportunities.
Cantor Equity Partners I’s sponsor team is led by Chairman and Chief Executive Officer Brandon Lutnick, and Chief Financial Officer Jane Novak. Danny H Salinas, Douglas Barnard and Robert Sharp will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 1. This offering is expected to close on Wednesday, January 8, 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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