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Cantor Equity Partners IV, Inc. (CEPF) priced its initial public offering of 40 million Class A ordinary shares at $10.00 per share, the company announced. The offering is expected to raise $400 million.
The shares are expected to begin trading on the Nasdaq Global Market under the symbol "CEPF" on August 21, 2025. The offering is expected to close on August 22, 2025, subject to customary closing conditions.
Underwriters have been granted a 45-day option to purchase up to an additional 6 million shares to cover over-allotments. Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering.
Cantor Equity Partners IV is a blank check company sponsored by Cantor Fitzgerald and led by Chairman and Chief Executive Officer Brandon Lutnick. The company was formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
The company stated it intends to focus on targets in industries where management believes their expertise provides a competitive advantage, including financial services, digital assets, healthcare, real estate services, technology and software industries. The company’s efforts to identify a prospective target business will not be limited to a particular industry or geographic region.
A registration statement relating to the securities was declared effective by the Securities and Exchange Commission on August 20, 2025, according to the company’s statement.