Barclays now sees two Fed cuts this year, says jumbo Fed cuts ’very unlikely’
NEW YORK - Cantor Equity Partners IV, Inc. (NASDAQ:CEPF) completed its initial public offering of 45 million Class A ordinary shares at $10.00 per share, the company announced Thursday. The offering included 5 million shares from a partial exercise of the underwriters’ overallotment option. The stock has shown resilience since its debut, trading at $10.14 and reaching a 52-week high of $10.18, according to InvestingPro data.
The blank check company’s shares began trading on the Nasdaq Global Market on Thursday, August 21, under the ticker symbol "CEPF." The IPO and a simultaneous private placement generated $450 million, which has been placed in the company’s trust account.
Cantor Fitzgerald & Co. served as the sole book-running manager for the offering.
Cantor Equity Partners IV is sponsored by Cantor Fitzgerald and led by Chairman and CEO Brandon Lutnick. The company was formed to execute a business combination with one or more businesses. While its search for acquisition targets is not limited to specific industries or regions, the company stated in its press release that it intends to focus on sectors where management has expertise, including financial services, digital assets, healthcare, real estate services, and technology.
The Securities and Exchange Commission declared the registration statement for the offering effective on August 20, 2025.
Special purpose acquisition companies (SPACs) like Cantor Equity Partners IV raise capital through IPOs to acquire existing businesses, typically within a specified timeframe.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.