IPO - unknown
Form Type: 8-K
Filing Date: 2025-01-15
Corporate Action: Ipo
Type: New
Accession Number: 000121390025003834
Filing Summary: On January 8, 2025, Cantor Equity Partners I, Inc. completed its initial public offering (IPO) of 20,000,000 Class A ordinary shares at a price of $10.00 per share, generating gross proceeds of $200,000,000. Concurrently, the company also executed a private placement, selling 500,000 Class A ordinary shares to Cantor EP Holdings I, LLC at the same price, yielding an additional $5,000,000. The total proceeds from both the IPO and the private placement were deposited into a U.S.-based trust account managed by Continental Stock Transfer & Trust Company. An audited balance sheet reflecting the receipt of these proceeds as of January 8, 2025, is included in the filing as Exhibit 99.1.
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Additional details:
Title Of Each Class: Class A ordinary shares
Trading Symbols: CEPO
Name Of Each Exchange On Which Registered: The Nasdaq Stock Market LLC
Public Shares Sold: 20000000
Price Per Public Share: 10.00
Gross Proceeds From Ipo: 200000000
Private Placement Shares: 500000
Price Per Private Placement Share: 10.00
Gross Proceeds From Private Placement: 5000000
Form Type: 8-K
Filing Date: 2025-01-10
Corporate Action: Ipo
Type: New
Accession Number: 000121390025002656
Filing Summary: On January 8, 2025, Cantor Equity Partners I, Inc. consummated its initial public offering (IPO) of 20,000,000 Class A ordinary shares at a price of $10.00 per share, generating gross proceeds of $200,000,000. The IPO involved various agreements including an Underwriting Agreement with Cantor Fitzgerald & Co., a Business Combination Marketing Agreement, and multiple agreements with the Sponsor, including a Private Placement Shares Purchase Agreement for the sale of 500,000 Class A ordinary shares. The Private Placement Shares were sold at the same price as the Public Shares but come with transfer restrictions. The proceeds from the IPO and the Private Placement Shares are held in a trust account and will be released under specific conditions. The Company filed an Amended and Restated Memorandum and Articles of Association effective January 6, 2025, and announced the pricing and closing of the IPO through press releases.
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Additional details:
Date Of Report: 2025-01-10
Ipo Price Per Share: 10.00
Total Public Shares: 20000000
Gross Proceeds: 200000000
Private Placement Shares: 500000
Private Placement Price: 10.00
Trust Account Bank: J.P. Morgan Chase Bank, N.A.
Emerging Growth Company: true
Form Type: 424B4
Filing Date: 2025-01-07
Corporate Action: Ipo
Type: New
Accession Number: 000121390025001321
Filing Summary: Cantor Equity Partners I, Inc. is conducting an initial public offering (IPO) of 20 million Class A ordinary shares at a price of $10.00 per share, aiming to raise $200 million. The company is a blank check firm incorporated in the Cayman Islands, intending to use the proceeds for business combinations with appropriate targets. A trust account will hold the offering funds, providing shareholders with redemption rights under specific conditions. A sponsor note of up to $3 million is also available, convertible into shares at a later date. Additionally, the document outlines potential conflicts of interest involving Cantor Fitzgerald, the underwriter, and other financial entities. It highlights the expected dilution of public shareholders due to the lower purchase price of founder shares compared to the offering price. The company has established a period of 24 months post-offering to complete its initial business combination, failing which it will initiate redemptions of public shares for the cash amount held in the trust account, along with interest earned. The prospectus also details the conditions surrounding share conversions, voting rights, and other pertinent investor considerations.
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Additional details:
Underwriting Discount: $0.20
Total Public Offering Price: $200,000,000
Proceeds Before Expenses: $196,000,000
Purchase Price Of Founder Shares: $0.005
Form Type: DRSLTR
Filing Date: 2024-09-06
Corporate Action: Ipo
Type: Update
Accession Number: 000121390024076412
Filing Summary: Cantor Equity Partners I, Inc. submitted a response to the comments from the SEC Division of Corporation Finance regarding its Draft Registration Statement on Form S-1, which was initially submitted on August 20, 2024. The response addresses various comments from the SEC staff dated August 29, 2024, with corresponding revisions made in the Registration Statement. Key revisions include improvement of cross-references to the compensation disclosure, updates to conflicts of interest discussions, and terms of repayment for $1,750,000 in working capital loans. Additional disclosures about nominal prices for founder shares and potential conflicts of interest regarding business combinations have also been made. This document serves as part of the ongoing process in preparation for an initial public offering (IPO).
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Additional details:
Draft Registration Statement Submission Date: 2024-08-20
Regulatory Comments Date: 2024-08-29
Working Capital Loans Amount: 1750000
Disclosure Revision Pages: ["103","8","9","32","95","141","133"]
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