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.
Iron Horse Acquisitions Corp. II has filed for a $250 million SPAC with D. Boral Capital underwriting under its new name. D. Boral emerged in November from a messy dispute at the top of investment bank EF Hutton that was concluded with Joseph Rallo taking the EF Hutton trademark and departing the firm while David...
At the SPAC of Dawn This shortened trading week could be a rocky one as the market takes in the first wave of initiatives out of the new US administration and will have what are technically the first Trump 2.0 jobs numbers released on Thursday. It should be somewhat quieter for SPACs working through their...
Terms Tracker for the Week Ending January 17, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. We may be heading into a Polar Vortex, but SPACs managed to generate some heat this week with three more IPOs. For those keeping count,...
Giving internet users a place to chat or post pictures of their lunch has never been an especially profitable endeavor until social media platforms gain the scale to leverage user data en masse like Meta (NASDAQ:META). But, the addition of retail investor appetites to the equation has suddenly turned even smaller platforms into a tantalizing...
At the SPAC of Dawn This week comes to a close with the debut of the year’s fourth SPAC IPO as Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU) priced last night. This brings the month’s total IPO proceeds to $597.5 million, which is already a drastic year-on-year improvement from January 2023, which saw just $144 million...