Cantor Equity Partners III Inc. (CAEP) Prices Upsized $240M IPO
Cantor Equity Partners III Inc. (NASDAQ:CAEP) announced the pricing of its upsized $240 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “CAEP”, Thursday, June 26, 2025.
The new SPAC plans to combine with a target company in an industry where its management has relevant expertise such financial services, health care, real estate, and technology.
Cantor Equity Partners III Inc.’s management team is led by Chairman and Chief Executive Officer Brandon Lutnick alongside Chief Financial Officer Jone Novak. The Board also includes Danny H. Salinas and Robert Hochberg.
Total SPAC deal count for 2025 year-to-date is now 61. This offering is expected to close on Friday, June 27, 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 serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.