Cantor Equity Partners (CEP) Registration Filing summary

Company overview and business model

• Formed as a Cayman Islands exempted company to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, with no specific target identified to date.

• Focus on financial services, healthcare, real estate services, technology, and software sectors, leveraging management and affiliate expertise.

• Management team includes Howard W. Lutnick (Chairman/CEO) and Jane Novak (CFO), both with significant experience at Cantor Fitzgerald and its affiliates.

• Sponsor is Cantor EP Holdings, LLC, wholly owned by Cantor Fitzgerald; all officers are employed by Cantor or its affiliates.

• No operations or revenues to date; company is an emerging growth and smaller reporting company under U.S. securities laws.

Financial performance and metrics

• As of June 30, 2024, working capital deficiency of $373,058, total assets of $42,672, and total liabilities of $373,058.

• Net loss of $35,345 for the six months ended June 30, 2024; net loss of $252,866 for the year ended December 31, 2023.

• No revenues to date; all activity relates to formation and IPO preparation.

Use of proceeds and capital allocation

• $100,000,000 from IPO and $3,000,000 from private placement shares to be held in a trust account at J.P. Morgan Chase Bank, N.A.

• $250,000 of net proceeds not held in trust, plus $1,750,000 in sponsor-committed working capital loans, to cover legal, accounting, insurance, office, and miscellaneous expenses.

• Trust account funds to be used for business combination or returned to shareholders if no deal is completed within 24 months.