Cantor Equity Partners (CEP) Registration Filing summary

Company overview and business model

• Formed as a Cayman Islands exempted company to pursue 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 areas include financial services, healthcare, real estate services, technology, and software, leveraging management and affiliate expertise.

• Management team led by 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.

• The company is an emerging growth company and a smaller reporting company, eligible for reduced reporting requirements.

Financial performance and metrics

• As of June 30, 2024, the company had $42,672 in assets, $373,058 in liabilities, and a shareholder deficit of $330,386.

• No operating revenues to date; all activities have been related to formation and IPO preparation.

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

Use of proceeds and capital allocation

• $100,000,000 from the IPO and $3,000,000 from a private placement will be deposited into a trust account at J.P. Morgan Chase Bank, N.A., with Continental Stock Transfer & Trust Company as trustee.

• $1,000,000, plus $1,750,000 in committed sponsor loans, will be available for offering expenses and working capital.

• Proceeds in the trust account will be used for a business combination, redemptions, or liquidation if no business combination is completed within 24 months.

• Sponsor has agreed to lend up to $1,500,000 to fund an additional $0.15 per share for redemptions in connection with a business combination, extension, or liquidation.