Cantor Equity Partners Inc. (Ticker: CEP US) is a special purpose acquisition company (SPAC) planning to list on the NASDAQ Global Market on August 13, 2024. The company is offering 10 million Class A shares at $10.00 per share, aiming to raise USD 100 million, with Cantor Fitzgerald managing the offering.
Cantor Equity Partners has not selected a specific business combination target yet but intends to focus on industries such as financial services, healthcare, real estate services, technology, and software. They seek target companies with long-term growth potential, competitive advantages, and recurring revenue. The company may acquire 100% or a controlling interest in a target business, and it is open to raising additional financing if needed to complete the acquisition.